Japan discusses how to evacuate citizens from S. Korea if crisis hits

Cheryl Sanders
April 15, 2017

He also said that the South will raise the issue of human rights violations by the North Korean regime as part of its comprehensive approach to the North Korean nuclear problem and continue efforts to make Pyongyang isolated on the worldwide stage.

If North Korea conducts another underground nuclear test or launches more missiles into the sea, the USA would likely limit its reaction to a show of force, sending B-1 bombers from Guam to fly along the coast and bringing in an aircraft carrier battle group.

Japan is one of the U.S.'s closest allies in the region and is considered a prime target for a North Korean missile strike because of its proximity to the Korean Peninsula. "The issues around Syria are likely to settle down assuming USA involvement does not escalate, but North Korea is more risky".

Against this backdrop, South Korean stocks closed the week down 0.64 percent, while the local currency dropped 10.3 Korean won against the USA dollar.

Around 200 foreign journalists are in Pyongyang as the country marks the 105th birth anniversary of its founding president Kim Il-sung on April 15, North Korea's biggest national day called "Day of the Sun".

The dollar nursed losses on Friday, on track for a losing week as continuing tensions in North Korea underpinned the perceived safe-haven Japanese currency.

INFLATION: The Labor Department said that its producer price index, which measures inflation pressures before they reach consumers, fell 0.1 percent in March.

The benchmark U.S. Treasury yield skidded to its lowest levels since November on Thursday, with the 10-year yield hitting 2.218 percent US10YT=RR , down more than a half percentage point from a high of 2.629 percent a month ago.

People walk by an electronic stock board of a securities firm showing Tokyo's Nikkei 225 in on Friday.

OIL: On Friday, the New York Mercantile Exchange and the London Metal Exchange were closed. Benchmark U.S. crude was down 15 cents to $52.96 per barrel in NY. The dollar weakened following President Donald Trump's comment in an interview with The Wall Street Journal that the dollar was "getting too strong".

The euro EUR= was little moved at $1.0618, on course to post its first weekly gain in three weeks, though uncertainty over the French presidential election continued to weigh on the currency. Brent crude, used to price worldwide oils, was down 23 cents to $55.63 per barrel in London. The dollar was trading at 108.89 yen, down from 109.12 yen.

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