North Korea likely fired the missiles in response to military exercises under way in South Korea involving tens of thousands of United States and South Korean troops, military experts said. According to Pacom, one of the three missiles blew up nearly immediately and the other two "failed in flight".
This led to a dramatic escalation in rhetoric from both Pyongyang and Washington, with US President Donald Trump threatening unleash "fire and fury" on North Korea if it continued making threats against the United States.
The officials added North American Aerospace Defence Command determined the missile launches did not pose a threat to Guam.
Mainland media reported that other investment also include hotel and property development joint ventures as well trading branches in Liaoning province which adjoins North Korea.
Within hours of the launch a new poster on a North Korean propaganda website showed a missile dealing "a retaliatory strike of justice" against the U.S. mainland, threatening to "wipe out the United States, the source of evil, without a trace".
The launches are believed to be North Korea's first test since the Fourth of July when it fired its first intercontinental ballistic test into the sea near Japan.
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