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1. The Federal reserve delivered a small rate hike of 25 basis points on Wednesday, implying that its combat against inflation is showing effect. Meanwhile, according to Statistics Korea, South Korea’s consumer prices grew 5.2% in January compared to the same period last year.

2. The White House on Wednesday has rejected North Korea’s claim that conducting joint military exercises on the Korean Peninsula is a provocation, and made it clear that the United States has no hostile intent toward Pyongyang.

3. Japan’s radioactive water from the Fukushima nuclear plant is planned to be released soon, raising global concerns.