Ukraine’s military confirmed the interception of a Russian “Kinzhal” hypersonic air-launched ballistic missile after it deployed Patriot air-defense systems obtained this spring from Western allies.
China’s Hozon New Energy Automobile Co. will start production in Thailand to sell in Southeast Asia, becoming the latest electric vehicle maker to begin building a supply chain in the region’s top auto-manufacturing hub.
After discussions on security and technology, the leaders of South Korea and Japan plan to unwind over a drink that is traditionally poured in Korea to cement friendship.
Hedge funds are zeroing in on European banks’ bonds, betting that the region’s long-troubled lenders are now in good enough shape to withstand the ongoing US financial turmoil.
South Africa’s president has ordered army personnel to be stationed at power stations as theft and sabotage adds to the inability of state-owned utility Eskom Holdings SOC Ltd. to meet electricity demand.
Billionaire Anil Agarwal’s Vedanta Resources Ltd. said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity after surging interest rates intensified pressure on low-rated borrowers with heavy debt loads.
Satellite images indicate North Korea may be modernizing and enhancing its satellite launch facility in Sohae, according to website 38 North.
Diggers trying to identify the tangle of wires beneath a street in western Germany had to take a bureaucratic trip back to the Third Reich — the last time anyone drew a subterranean schematic. Today, that inertia is hindering a $1 trillion push to build renewable power sources.
Yevgeny Prigozhin, the founder of Russia’s Wagner mercenary group, renewed a threat to pull his forces from the battlefield near Bakhmut in eastern Ukraine because of an ammunition shortage.
State-run schools in a city in the Philippine capital region have shortened class hours due to extreme heat, the latest measure as sweltering temperatures in Asia raise health risks and present challenges to governments and businesses.
