Plunging Stocks, Surging Yen And South Korea Fight Make For Tough Day In Japan
Japanese shares suffered through their second-worst session of 2019 on Friday, plunging more than 2% on renewed trade concerns and Shinzo Abe's decision to remove South Korea from an export white list, deepening the trade spat between America's two staunchest regional allies.
The move by Abe marks a serious escalation, although it's been in the cards for weeks. Moon Jae-in called the decision "reckless" and promised to hit back.
The age-old conflict over conscripted labor and “comfort women�