Seoul has always been, will always be within firing range of...

Seoul has always been, will always be within firing range of North Korea.

North Korea has its missiles pointed in only three directions: Seoul, Tokyo, and the US (But their weapons capability prevents them from reaching the US mainland....for now).

By your rationale, you should avoid buying any equity that has a Japanese/Korean/US sovereign risk.

There has been, there will always be posturing and power plays on the Korean peninsular. The North have a new Dear Leader - he needs the support of the military. This exercise was little more than him earning his Commander in Chief stripes.

China will ensure that this is the end of it. The U.S will ensure that is the end of it.

In 72 hours this won't be a news story.