The North Korean leader Kim Jong Il passed away last week and investors fear that his death could lead to instability on the Korean peninsula. Asian markets (Japan, Hong Kong, Taiwan and Singapore) fell on Monday, including company shares: Samsung Electronics lost 3.5% and LG Display 7.2%. Fitch Ratings Agency asserted that the situation (that affected too markets in Australia, New Zealand and Indonesia) has no immediate implications for downgrading South Korea economy, but the risky relations with the North should be closely monitored. Kim Jong Un, son of Kim Jong Il, will probably succeed his father; immediate plans remain undisclosed.

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