North Korean leader Kim Jong Un crossed on foot the military demarcation line in Panmunjom in the Demilitarized Zone (DMZ) for historic talks with South Korean President Moon-Jae-in on Friday. (April 26)
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North and South Korea are embarking on a series of talks aimed
to de-escalate the tensions between the two nations.
Such a de-escalation could have a major impact on markets, with
Morgan Stanley seeing a jump of almost 15% in local stocks if peace is
achieved.
Even if tensions are pacified somewhat, Korea's benchmark KOSPI
could rise as much as 8%.
Thursday, April 26, 2018
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