London — Global shares fell and the dollar dipped against the yen on Wednesday as still-simmering tension over the Korean peninsula kept investors wary of taking on risk. European and Asian shares dropped after the S&P 500 suffered its biggest one-day fall in three weeks on Tuesday as US investors sold in reaction to North Korea’s sixth and biggest nuclear weapons test on Sunday. These concerns helped push benchmark 10-year US Treasury yields to their lowest in almost 10 months and they stayed close to those levels on Wednesday. European markets had appeared largely to shrug off Pyongyang’s latest test by Tuesday, focusing instead on Thursday’s meeting of European Central Bank (ECB) policy makers, which is expected to yield some clues as to when they will begin to scale-back monetary stimulus. But on Wednesday the potential for conflict over North Korea was back to the fore. South Korean President Moon Jae-in told his Russian counterpart Vladimir Putin at an economic summit in Vladi...
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