Asia Opens Higher; Nikkei Up 0.5%, Kospi Adds 0.4%

Asia markets opened higher on Monday, with investors' risk sentiment likely improving from Friday's better-than-expected US jobs number as they await to hear Pyongyang's response to UN sanctions over the weekend.

The United Nations Security Council unanimously imposed new sanctions on North Korea on Saturday over its intercontinental ballistic missile tests in July. Reuters said the sanctions could slash the reclusive regime's USD 3 billion annual export revenue by a third.

Some analysts, however, said it is unlikely that the sanctions could deter leader Kim Jong Un from pursuing his nuclear weapons ambitions.

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