South Korean Won Declines on North's Missile Test; Taiwan Dollar Rises

(Bloomberg) -- South Korea's won led losses in the
Asia-Pacific region after North Korea test-fired missiles late on
May 25, raising the prospect of sanctions on the communist nation.

The short-range missiles were launched after the close of
won trading in South Korea on May 25. Japanese Prime Minister
Shinzo Abe said his country's patience ``isn't limitless'' and
retains the option of further sanctions. The won slid 1.5 percent
on Oct. 9 after the North tested its first nuclear bomb.


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