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Iran tensions

Asian stocks dive after Iran fires missiles at US-led forces

Yen, gold and oil surge as investors fear tensions following Soleimani killing

A man walks past an electric board showing Nikkei Stock Average in Tokyo on Jan. 8.   © Kyodo

TOKYO -- Major Asian stock indexes fell on Wednesday, after news reports of Iran's ballistic missile attacks against U.S.-led forces in Iraq in retaliation for the Jan. 3 killing of a top Iranian commander in an American drone strike.

Rising tensions between Tehran and Washington caused investors to dump equities and flee to safer assets. The Japanese yen surged to a three-month high in the early morning, strengthening to 107.76 per dollar.

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