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Regional tensions escalate after North Korea confirms advanced weapons test
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North Korea’s confirmed missile test revived regional tensions and risk-off trading, prompting condemnation from major powers and raising security concerns in East Asia.
North Korea confirmed the launch of an advanced long-range weapons system aimed at strengthening deterrence capabilities. The announcement drew condemnation from South Korea, Japan, and the US, each warning of consequences under UN resolutions. Analysts noted that the test could derail dialogue on denuclearization and heighten military readiness across East Asia. Financial markets briefly reflected risk-off sentiment, with the won and yen strengthening as safe-haven assets gained. Diplomatic observers said renewed pressure on Pyongyang may prompt new UN Security Council deliberations this week.