金正恩

Kim Jong Un’s absence showed uncertainty of investing in region

When Kim Jong Un’s weeks-long disappearance from public view in April prompted speculation over the health of the North Korean leader, Moody’s analysts tapped government contacts in Seoul, across the border, hoping to cut through the market chatter.

The wild theories over the fate of Mr Kim — which were put to rest with his re-emergence at a fertiliser factory this month — were the latest reminder for investors and traders across Asia of the ructions that can be caused by the secretive rogue state.

After a spate of news reports suggested that the 36-year-old dictator might be gravely ill, a clutch of Seoul-listed stocks lost ground and the South Korean currency wobbled.

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