News

Ukraine hits Russia's Ozon for the first time, Russia hits major Kryvyi Rih supermarket with a deadly double-tap drone strikes

Ben Aris in Berlin August 22, 2026

Ukrainian drones set fire to a 135,000 square metre Ozon warehouse in Russia's Samara region overnight, the first confirmed strike on the country's second-biggest online marketplace.

Serbia to hold snap election on October 18 or 25, president says

Tatyana Kekic in Belgrade August 22, 2026

President Aleksandar Vucic announces potential dates for vote that follows more than a year and a half of regular anti-government protests.

Croatia's central bank to tighten consumer lending limits from October

IntelliNews August 22, 2026

The Croatian National Bank warned the high level of household borrowing poses a risk to financial stability.

North Korea fires 10 missiles as Seoul doubles Trump's warhead estimate

Ben Aris in Berlin August 21, 2026

North Korea fired about 10 ballistic missiles hours after Seoul put its nuclear arsenal at up to 120 warheads, twice the number Donald Trump cites.

Slovenia's NLB loses Addiko but keeps hunting across the Balkans

Ben Aris in Berlin August 21, 2026

Slovenia's biggest bank has lost its year-long fight for Austria's Addiko, but the defeat has done nothing to dim its appetite for deals across the former Yugoslavia.

Hundreds of Ukrainian soldiers deserted from German training camp

Ben Aris in Berlin August 21, 2026

Under Ukrainian law they are deserters and face up to 12 years in prison if they go home.

Iran's South Khorasan issues first Spanish mining investment licence

bnm Tehran bureau August 21, 2026

Iran's South Khorasan has issued its first investment licence to a Spanish mining company, one of four countries entering the province recently, even as the UAE halts all trade with Iran.

Kazakhstan’s Freedom Holding receives first foreign brokerage house license in Turkey since 1992

IntelliNews August 21, 2026

Freedom Holding operates through more than 200 offices in over 20 countries across North America, Europe and Asia.

Naval drone carrying explosives destroyed near Romania’s Neptun Alpha platform

Iulian Ernst in Bucharest August 21, 2026

Foreign Minister Oana Țoiu directly linked the incident to the broader security threat posed by Russia's war against Ukraine, but did not explicitly state that Russia had launched the drone.

Malaysia's digital banks lure 2mn customers as big lenders keep their grip

Ben Aris in Berlin August 21, 2026

Malaysia's five digital banks have signed up almost 2mn customers in barely two years, a fast start that has yet to loosen the grip of the country's entrenched lenders.

Japan's megabanks reap record profits as the Bank of Japan lifts rates to 1%

Ben Aris in Berlin August 21, 2026

The Bank of Japan's slow climb back to a 1% policy rate is finally handing Japan's banks fat lending margins again - and the biggest of them record profits - after three lost decades of near-zero interest rates.

Pakistan's banks pour 62% of assets into government debt as private credit shrinks

Ben Aris in Berlin August 21, 2026

Pakistan's banks are earning record profits by lending to their own government rather than to the economy, parking almost two-thirds of their assets in state debt.

India’s HDFC Bank raises $1.75bn through offshore bonds

IntelliNews - Mumbai bureau August 21, 2026

The Mumbai-listed private sector lender, through its GIFT City branch, raised $500mn via three-year senior unsecured notes and a further $1.25bn through five-year notes.

Russia conducts missile test near Japan-claimed islands

IntelliNews - New Taipei Bureau August 21, 2026

The test was announced on August 20 amid an intensifying row following Russian President Vladimir Putin’s visit to the disputed area the previous week.

Latvia publishes 'list of shame' of companies trading with Russia, Belarus

Linas Jegelevicius in Vilnius August 20, 2026

List contains 170 companies, including prominent Latvian businesses such as lingerie producer Lauma Lingerie and pharmaceutical company Grindeks.

Nato chief Rutte backs Bulgaria amid possible Iran threat

Tatyana Kekic in Belgrade August 20, 2026

Assurance follows a Financial Times report that Iranian forces had assessed the possibility of striking US military assets in Southeast Europe, including Bulgaria.

Ukraine pays 100% US drone tariff while allies at peace pay 15%

Ben Aris in Berlin August 20, 2026

Every close US ally that builds drones got a discount on Donald Trump's new tariff wall. The one fighting a drone war did not.

Ukraine's anti-corruption bureau accuses presidential office officials of a raiding scheme

Ben Aris in Berlin August 20, 2026

Ukraine's anti-corruption agencies have accused a sitting MP, a former MP and senior officials in the Presidential Office of running an organised scheme to seize companies and property with forged documents.

Croatia PM accuses opposition of trying to destabilise government over waste scandal

IntelliNews August 20, 2026

Illegal dumping of 30,000 tonnes of hazardous waste at an industrial site in central Croatia sparked protests and raised political tensions.

Trump threatens penalties on any country aiding Iran in "economic D-Day"

IntellIiNews bnm Gulf bureau August 20, 2026

Trump has threatened economic penalties against any country whose banks, businesses, airports or government bodies give Iran a lifeline, a day after the UAE suspended all trade and financial transactions with Tehran.

Dismiss