1. President Yoon Suk Yeol said Seoul's forced labor compensation plan announced on Monday is the outcome of respecting the positions of the victims while considering the shared interests and future development of South Korea and Japan.

2. South Korea's per capita income in dollars decreased by nearly eight percent last year on the back of the won’s depreciation against the U.S. currency.

3. North Korea's Kim Yo-jong warns of war in the case of any action aimed at obstructing Pyongyang's missile tests as Seoul and Washington remain committed to joint defense drills.