1.The Korea Development Institute said in a monthly economic assessment report that the South Korean economy is on a recovery track on strong exports, but subdued domestic demand has limited the overall economic improvement.

2.Policy chiefs from the ruling People Power Party and the main opposition Democratic Party on Wednesday agreed to swiftly handle key livelihood bills that have been pending amid a political strife under the 22nd National Assembly, during an inaugural meeting between the two parties.

3.U.S. Vice President Kamala Harris on Tuesday announced the governor of Minnesota Tim Walz as her running mate for the presidential election. Walz is a former school teacher and military veteran who is viewed as a Democrat that can win over rural and working-class voters in crucial Midwestern states.