ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Asian equity markets extend gains as North Korea holds fire

 (placeholder image)
Signs of easing tensions on the Korean Peninsula boosted Asian stocks on Aug. 15.   © Reuters

HONG KONG (Nikkei Markets) -- Asian equity markets extended gains on Tuesday after North Korea's leader signaled the country would hold off on any decision to fire missiles toward the U.S. territory of Guam, helping lift investor sentiment.

The Nikkei Asia300 Index of some of the region's most influential companies outside Japan climbed 0.3% to 1,273.03. Japan's Nikkei 225 Average was the region's best performer, advancing 1.3% as the yen weakened and traders appeared to hunt for bargains after it tumbled the previous day. Hong Kong's Hang Seng Index, China's Shanghai Composite and benchmark stock gauges in Taiwan and Thailand rose at least 0.4% each.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more