The 10 most important things in the world right now

Photo: Chung Sung-Jun/ Getty Images.

Hello! Here’s what you need to know on Tuesday.

1. North Korea launched a missile that flew over Japan on Tuesday morning. The missile test forced Japanese authorities to warn civilians in the northern parts of the country to take necessary precautions. In response, South Korea ordered four F-15K fighter jets to drop eight bombs at a simulated target as a show of military force. Some suggest the North’s latest test could have been a warmup for a shot on Guam.

2. Asian markets were down following the missile test, although there’s no sign of investor panic yet.

3. Meanwhile South Korean intelligence says the North’s leader, Kim Jong-Un, had another baby. The dictator reportedly became a father for the third time earlier this yea,r but we still don’t know if he has a male heir.

4. Hurricane Harvey is continuing to bear down on the US. At least nine deaths have already been confirmed, and officials expect the toll to rise. Tens of thousands of people could have to take refuge in shelters. And Harvey isn’t done yet. Houston is bracing for another two feet of rain in the coming days before the storm turns its destructive eye on Louisiana next.

5. UK-listed companies will have to publish and justify pay ratios between bosses and workers as the government plans to enforce greater corporate responsibility laws.

6. A convoy of Islamic State fighters have left the Lebanon-Syria border region under Syrian military escort. It’s a win for Lebanon and Hezbollah, and marks the first time IS has publicly agreed to a forced evacuation from territory it held in Syria.

7. China and India have agreed to withdraw troops from the disputed Himalayan border region where there has been a two-month military stand-off. As part of that agreement China has put building work on hold in the area, but will maintain patrols.

8. China just approved the merger of the world’s biggest power group with 1.8 trillion Chinese yuan ($AU342 billion) in assets. The new company, resulting from the merger of Shenhua Group Corp and China Guodian Corp, is expected to be named National Energy Investment Corp.

9. At least two people were killed and four others injured when a gunman opened fire in a library in New Mexico. A suspect, whose name has not been released, has been taken into custody.

10. Thailand has no plans to revoke the passports of former prime minister Yingluck Shinawatra after she fled the country last week ahead of a court ruling in a negligence case. Yingluck holds two Thai passports — one regular and another diplomatic — and is also thought to hold a third, foreign one.

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