TOKYO, Japan — Japanese business executives are calling for greater stability in currency markets as a persistently weak yen raises import costs and makes earnings forecasts and investment decisions more difficult. Their concerns highlight the growing pressure on Japan’s import-dependent economy even as some exporters and companies with overseas earnings benefit from the weaker currency.
Six Killed as Ukrainian Drone Attack Hits Russia’s Belgorod
BELGOROD, Russia — Six people were killed in an overnight Ukrainian drone attack on Russia’s Belgorod region, local authorities said on Sunday, as emergency crews searched a damaged apartment building and officials reported widespread damage to residential and other buildings.
Oil Prices Rise as Hormuz Reopening Hopes Face New Uncertainty
PERTH, Australia — Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to keep traders cautious, with Iran saying discussions with Oman on new shipping lanes were in their final stages but stressing that additional conditions involving the United States still needed to be met.
Houthis Target Saudi Refinery Days After New Defence Pact
RIYADH, Saudi Arabia — Yemen’s Iran-aligned Houthi movement said it attacked Saudi Aramco’s Jazan refinery with a drone on Sunday, August 9, two days after Saudi Arabia signed a defence pact with Turkey and Pakistan amid heightened regional tensions linked to the U.S.-Israeli war on Iran.
Assam Flood Crisis Deepens as Death Toll Reaches 100
GUWAHATI, India — Assam’s ongoing flood crisis has claimed 100 lives, according to the latest Disaster Reporting and Information Management System (DRIMS) bulletin, as widespread inundation continues to affect districts across the state and rescue and relief operations remain underway.
Jitendra Singh Says India Is Set to Shape the Next Industrial Revolution With AI and Biotechnology
NEW DELHI, India — Union Minister Jitendra Singh said on Sunday that India is positioned to play a key role in the next industrial revolution, which he said is likely to be driven by biotechnology and artificial intelligence. Speaking at a media conclave attended by technology developers, industry leaders and other stakeholders, Singh said India had moved from being a technology follower to emerging as a global player across several frontier sectors.




