Tokyo rallies on weak yen, Hong Kong reverses after surge

Traders remain on edge, however, as they await Israel's response to Iran's missile attack on Tuesday, which has fanned fears of a regional conflict in the Middle East, pushing oil prices ever higher. The Nikkei gains come after a rollercoaster few days in Tokyo that followed Prime Minister Shigeru Ishiba saying the time was not right for further increases in borrowing costs after a meeting with central bankers. News of Ishiba's victory in a ruling party vote last Friday -- essentially making him...