East Asia

North Korea fired two Ballistic Missiles - The Army of the South in Full Readiness

North Korea has fired two short-range ballistic missiles off its east coast, Reuters reported, citing a South Korean military statement. It is the latest of several weapons tests as South Korea and the United States hold their largest joint military exercises in years.

China retains central bank chief

China retained its central bank chief on Feb. 12 in a surprise move, as the country appointed a cabinet focused on fighting economic headwinds.

Yi Gang was confirmed as governor of the People's Bank of China at a meeting of China's rubber-stamp national legislature, against expectations that retirement-age Yi would step down.

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