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North, South Korea Exchange Live Fire At Sea Boundary

The two Koreas are firing shells at each other's territorial waters, though the exchange hasn't hit any land areas and no casualties or damage have been reported, according to new media Monday. "For the moment, both sides are firing into the sea," Agence France-Presse quoted a South Korean Joint Chiefs of Staff spokesman as saying. Residents on one South Korean island near the artillery exchange have been evacuated, according to the Associated Press. Reports said North Korean forces had fired into the South's sea territory as part of a live-fire exercise, prompting South Korea to return fire.Copyright © 2014 MarketWatch, Inc....

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