1. The Presidential office is set to decide the new name for the Yongsan presidential office this afternoon.

2. South Korea’s benchmark Kospi closed at the 2,500 points range on Monday, the lowest level in one year and 7 months. At the same time, the Korean Won value also weakened to 1,286.4 per Dollar today.

3. Foreign ministers of South Korea and the U.S said Monday, after holding a meeting in Washington D.C, that they assessed North Korea’s readiness for a nuclear test. The two ministers warned of stern response for any provocations, while calling for the North to return to dialogue.