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Markets largely dropped across Asia on Tuesday as Australian banks were met with the promise of fresh inquiries and consumer confidence dived in New Zealand.
The US and China have condemned each other over a naval confrontation in the South China Sea on Sunday, with tensions between the two countries showing the first signs of stretching beyond a trade war.
Japan took centre stage at the start of the month, with Tokyo's Nikkei index breaking through a new 27-year-high, while even though China and Hong Kong markets were closed for the week, data from the People's Republic still cast a shadow.
