1. The U.S. Consumer Price Index for June was released on Wednesday and it shows that inflation rapidly rose by 9.1% on-year.

2. South Korean military officials said Thursday that South Korea and the U.S. have conducted its joint air drills since last Monday, involving their respective F-35A stealth fighters, amid North Korea’s nuclear test.

3. The Constitutional Court of Korea held an oral hearing on Thursday to decide whether to keep capital punishment.