00:00 It's Benzinga and here's what's on the block.
00:02 North Korea fired multiple cruise missiles into waters off of its western coast on Friday,
00:06 extending a series of weapons tests.
00:08 Leader Kim Jong-un called for strengthening his country's naval forces during an inspection
00:12 of unspecified naval projects at a shipyard.
00:14 Kim has emphasized building a nuclear-armed navy to counter threats from the US,
00:17 South Korea, and Japan, who have all stepped up military cooperation.
00:21 South Korea's military detected the cruise missile launches,
00:24 but did not provide specifics on type or flight details.
00:26 Kim In-hye of South Korea's Unification Ministry suggested that North Korea's military posturing
00:31 aims to foster insecurity in South Korea, promote confidence in its government,
00:35 and garner international attention to press for its demands in resolving the peninsula's crisis.
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