North Korea on Wednesday fired at least 1 suspected submarine-launched ballistic missile, Yonhap news agency reports, citing the South Korean military's Joint Chiefs of Staff. U.S. officials later confirmed the missile launch.
Why it matters: The detected launch near the city of Wonsan on the eastern side of the Korean Peninsula at 7:11am Wednesday local time came hours after North Korea said Pyongyang and Washington would restart working-level denuclearization negotiations Saturday, per the Wall Street Journal, which reports the State Department confirmed the meetings.
Investment in Chinese assets fell significantly this year as a combination of the trade war and increasingly attractive opportunities elsewhere spread money across a variety of locations in the emerging world.
The big picture: While the economies of many emerging countries are feeling the pressure from China's slowdown and reduced global trade, foreign investment has picked up notably this year from 2018.
