Kim Sung-hwan

Asian shares rebounded on Wednesday, tracking US stocks higher as the Federal Reserve Bank reassured markets of its commitment to strong monetary stimulus, but investors remained wary of political gridlock in Italy reigniting the euro zone financial crisis.

South Korean Foreign Minister Kim Sung-Hwan said on Friday that North Korea's rocket launch had failed.

Asian shares rebounded on Wednesday, tracking US stocks higher as the Federal Reserve Bank reassured markets of its commitment to strong monetary stimulus, but investors remained wary of political gridlock in Italy reigniting the euro zone financial crisis.

South Korean Foreign Minister Kim Sung-Hwan said on Friday that North Korea's rocket launch had failed.