Reuters
Wednesday, January 27th, 2010
North and South Korea exchanged artillery fire near their disputed sea border on Wednesday, the second time in three months the rivals have clashed and briefly sending prices down on jittery Seoul financial markets.
Analysts doubted the latest clash would escalate and saw it more as an attempt by Pyongyang to stress the instability on the Korean peninsula and press home its demand for a peace deal that would open the way to international aid for its ruined economy.
South Korea’s Joint Chiefs of Staff said the North fired artillery shots from land towards the South but landing on its side of the disputed sea border off the west coast.
South Korea returned fire from its coastal artillery.
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