Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency ...
Seoul - North Korea launched a ballistic missile towards the East Sea on Wednesday, according to South Korea's military, marking the second such launch in less than a week as a response to upcoming joint military exercises between the South and the United States. The Joint Chiefs of Staff detected the missile fired from the Wonsan region on the east coast around 6 a.m.
The presidential office convened an emergency meeting to address North Korea's latest missile launch, branding it as a provocation and urging an immediate cessation of such actions. This came shortly after North Korea fired at least one ballistic missile towards the East Sea earlier that day.
In a separate legal matter, the Supreme Court ordered Samsung Securities to pay 1.86 billion won (US$1.3 million) in damages to the National Pension Service (NPS) over a 2018 dividend error caused by an accidental stock issuance. The error, resulting from a "fat-finger" mistake by an employee at the brokerage firm on April 6, 2018, prompted the court's ruling in favor of the NPS.
Furthermore, South Korea reported adding 108,000 new jobs in July compared to the previous year, with the total number of employed people reaching 29.13 million. This marks the second consecutive month of job growth, although manufacturing employment remained weak. Additionally, South Korea, the United States, Japan, and 37 other countries released a joint statement calling for advance notice of launches of intercontinental ballistic missiles, submarine-launched ballistic missiles, and space launch vehicles.
The statement followed China's surprise launch of an SLBM into the Pacific on July 6, which drew criticism from the U.S. and other nations.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
