SEOUL, May 25 (Reuters) - North Korean leader Kim Jong-il has told his military it may have to go to war but only if the South attacks first, according to a South Korea-based group which monitors the hermit state.
Already nervous Seoul financial markets were earlier hit by a report by the South's Yonhap news agency that Kim had told his troops to get ready for combat. The main share index dropping more than three percent. The won also fell sharply.
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From VK
This news could further damage the global stock markets which had already fell into bear trend. FBMKLCI may test 1224 or 1200 support levels. FBMKLC fell below 200 day moving average for the 1st time since 20/4/2009, this means the long term view of FBMKLCI is bearish now.
