Asian manufacturing hit by tariff worries
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and So...
A ballistic missile linked to North Korea killed at least eight in Kyiv, marking a concerning escalation in Russia's use of foreign weaponry, Ukrainian sources reveal.
A Ukrainian military source told Reuters on Thursday that a North Korean-made ballistic missile was used in a Russian aerial attack that killed at least eight people in Kyiv overnight. The missile, identified as a KN-23 (KN-23A), struck a residential building in the Sviatoshynskyi district, west of the capital’s centre.
The Ukrainian source stated that around 10 people remain unaccounted for, possibly trapped beneath rubble. Emergency services are continuing search and rescue operations at the scene.
Russia has not acknowledged the use of North Korean weaponry in the strike. The Kremlin has reiterated its claim that it targets only military or "military-adjacent" infrastructure. Both Russia and North Korea deny engaging in arms transfers that would breach United Nations embargoes.
Military ties between Moscow and Pyongyang have intensified since Russia’s international isolation following its invasion of Ukraine in February 2022. Ukrainian officials allege that North Korea has supplied Russia with artillery shells, rocket systems, ballistic missiles, and even troops.
Ukraine’s military intelligence agency estimates that Pyongyang has delivered 148 ballistic missiles—specifically KN-23 and KN-24 models—by early 2025. The KN-23 (KN-23A) missile, in particular, carries a warhead of up to one tonne, making it more powerful than Russia’s own Iskander systems.
While Ukraine has not officially confirmed the missile type in its public statements, the military acknowledged the use of seven ballistic missiles in the overnight strike, broadly categorising them as Iskander-M or KN-23 variants.
North Korea’s growing involvement in the Ukraine conflict has raised international alarm, including among South Korea and its regional allies, who fear potential future applications of wartime experience gained by Pyongyang.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The Democratic Republic of Congo’s president has pledged to pursue justice for victims of eastern conflict despite a peace deal with Rwanda, calling the accord a hopeful yet fragile step toward regional stability.
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and South Korea offered cautious optimism ahead of key trade talks.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
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