Asia In The Green With Comey's FBI Dismissal, New South Korean President In Focus

Equities in Asia were in the green on Wednesday as investors digest the dramatic dismissal of FBI Director James Comey in the US and follow the inauguration of liberal candidate Moon Jae-in after his win in the South Korean presidential election.

Official results reflected that Moon, a candidate from the Democratic Party of Korea, had won 41.1 percent of the vote, according to Reuters. Moon will take on the presidency after the ouster of former South Korean President Park Geun-hye was removed from office on corruption charges.

Political developments in the U.S. are also likely to weigh. FBI Director James Comey was fired by U.S. President Donald Trump on the recommendation of Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein.

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