Conspiracy

North Korean missile launch rattles Asia markets as investors turn to safe-haven assets

Asian shares fell on Tuesday as investors turned to safe-haven assets and U.S. futures traded lower after a North Korean missile launch, although major indexes were off session lows by the end of the day.

Japan’s Nikkei 225 retraced some of its initial losses to close down 0.45 percent, or 87.35 points, at 19,362.55 after a North Korean missile flew over the country early on Tuesday. Japanese Prime Minister Shinzo Abe said in a statement that the launch was reckless and unprecedented.

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