Trump claims warning to North Korea 'wasn't tough enough'

Trump hits McConnell for Senate crash of Obama health law repeal

She also said that the intensifying threats between the United States and North Korea were hurting investors' confidence in the South Korean economy.

World stocks fell for a third day, with shares in Seoul slumping to a seven-week low, after North Korea said it was finalizing plans to fire four intermediate-range missiles over Japan to land 30-40 km (18-25 miles) from Guam, adding detail to a plan first announced on Wednesday.

"The DPRK should cease any consideration of actions that would lead to the end of its regime and the destruction of its people", Mattis said in a statement, using the acronym for North Korea's official name, the Democratic People's Republic of Korea.

It is home to multiple U.S. Navy and Air Force bases.

Ms. Choo also berated North Korea, calling its plan to target Guam "a delusion that would only bring about its self-destruction".

In 2016, the North Koreans released pictures of leader Kim Jong Un standing before a miniaturized nuclear device.

ANALYST TAKE: "We're seeing significant risk aversion in the markets on Wednesday, with the escalation in tensions between the USA and North Korea triggering moves into safe haven assets", said Craig Erlam, senior market analyst at OANDA.

Aug 9 (Reuters) - U.S. stocks were lower on Wednesday as investors scurried to safe-haven assets after President Donald Trump's "fire and fury" warning to North Korea escalated tensions with the nuclear-armed nation.

FY2018 EPS Estimates for Liberty Interactive Corporation (QVCA) Reduced by KeyCorp
The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.22. Analysts await Liberty Media Corporation (NASDAQ:BATRK) to report earnings on Aug, 09 for the fiscal quarter ending Jun 2017.

The escalating threats between the US and North Korea have thrown the tiny USA territory of Guam into the headlines. "There are so many sights to be seen", he said.

The people of Guam woke up yesterday to another pointed threat from Pyongyang, which vowed to complete a plan to attack waters near the island by the middle of this month. "This might make North Korea think that's just some verbal threat, so its attitude is getting tougher and tougher".

He said North Korea "better get its act together" or "things will happen to them like they never thought possible". "When you're a territory of the USA, it just points out what your role is".

"If ever it (North Korea's ballistic missiles launch) disintegrates in the atmosphere, potentially, it would have shattered debris that may scatter around in the area or its trajectory so it could have hit some northern coastal areas", Padilla told Palace reporters. "We are really taking it seriously, a lot of the people in Guam".

With the tense mood pushing European shares down for a third day and Wall Street set to fall again, global stocks were on course for their worst week since Donald Trump won November's US presidential election.

After Pyongyang conducted two successful tests of an intercontinental ballistic missile last month, putting much of the mainland United States within reach, the paper warned: "Trust in the nuclear umbrella the U.S. provides to the South can be shaken". The Kill Chain system carries out a pre-emptive strike on the North's nuclear and missile facilities when a threat is imminent, while the KMPR focuses on eliminating the North's leadership.

Visitors from Korea were up 25 percent, while US mainland visitor arrivals were up 14.9 percent over a year ago.

The way to avert a war with North Korea is to have a conversation, and that's not happening, Hecker said. Japan and South Korea vowed a strong reaction if the North were to go through with the plan.

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