Asia markets cautious following Korean Peninsula tensions

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Indexes in Asia were cautious on Tuesday after stocks stumbled and investors turned to safe haven assets in the previous session on the back of North Korea’s recent nuclear test.

The Nikkei 225 was off 0.15 percent in early trade.

South Korea’s benchmark Kospi index made cautious gains, climbing 0.1 percent after closing lower by more than 1 percent in the previous session.

Down Under, the S&P/ASX 200 declined 0.58 percent, driven by steep falls in the energy and utility sub-indexes. Major banks were also lower across the board, with the heavily-weighted financials sub-index falling 0.62 percent.

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