HONG KONG: The yen rallied on Tuesday and Asian equity markets sank after North Korea fired a ballistic missile over Japan, ratcheting up geopolitical tensions in the region.
The missile test is the latest in a series of recent provocations by Pyongyang, testing US President Donald Trump, his South Korean counterpart Moon Jae-In and Japanese Prime Minister Shinzo Abe and raising fresh fears of conflict with the nuclear-armed nation.
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