North Korea fires two missiles from Wonsan

North Korea fired two short-range ballistic missiles from Wonsan on Sunday, officials said, marking its second round of tests in about a week and raising regional tensions.

Reaction pending.

Wonsan missile launches

South Korea's military said the projectiles were launched from the country's eastern coast near Wonsan on Sunday, officials said, and that they did not pose an immediate threat to South Korean territory. Officials described the missiles as short-range; they did not disclose detailed flight profiles.

Officials linked the timing of the launches to US-led military exercises underway in the region, saying the tests occurred as allied drills continued. The launches are the second such episode in roughly seven days, officials added.

Short-range tests tend to produce limited direct moves in global markets, analysts say, though they can heighten political risk in Seoul, Tokyo and Washington. Governments in the region typically issue formal responses within days of such tests.

Watch for allied statements and military updates through Sept. 24; officials and market monitors will be watching for any change in launch cadence or flight ranges over the next 72 hours.