Korean stocks are rebounding after last night's death of Kim Jong-Il spurred a steep sell-off.
Korea's Kospi is up 0.9%.
North Korea's economy is largely isolated from the rest of the world. But fears of an aggressive military action from the unstable nuclear power has investors edgy. Eurasia Group's Ian Bremmer warns, "This is a very dangerous time."
For now, most Asian markets are trading up.
Japan's Nikkei is up 0.7%.
Australia's S&P/ASX is up 0.3%.
Hong Kong's Hang Seng is up 0.4%.
U.S. futures are also pointing higher.
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