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Moody's talks credit impact of Korean conflict

Jan. 03, 2018 2:25 AM ETEWY, KEF, KF, FKO, KORU, DXKW, DBKO, HEWY, KOR-OLDBy: Yoel Minkoff, SA News Editor3 Comments
  • A conflict on the Korean Peninsula could disrupt global businesses, making it "the greatest geopolitical threat to credit quality in Asia," according to Moody's Investors Service.
  • While an escalation remains a "low-probability event," it predicted potential economic outcomes such as a hit to global electronics, energy and financials.
  • The warning comes after President Trump said he had a "much bigger & more powerful Nuclear Button" than Kim Jong-un and that his "Button works!"
  • ETFs: EWY, KF, KORU, KEF, DBKO, FKO, DXKW, KOR, HEWY

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