Korean govt. tightens monitoring of economy, financial market

The South Korean government said Monday that it will monitor the local financial market and the economy around the clock in order to reduce any possible fallout from North Korea’s latest missile launch. The unidentified projectiles were launched from an area near the North’s Dongchang-ri long-range missile site at 7:36 a.m. and flew about 1,000 kilometers before splashing into the East Sea, according to the military.