Times

• Russian forces conducted drone incursions over the Baltic littoral and launched a Kh-101 missile that landed inside Poland during a mass strike. • The missile impact in Poland likely resulted from a mechanical guidance failure rather than a deliberate target. • These actions serve as probing operations to test the air defenses and cohesion of NATO allies along Europe's eastern flank.

Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping’s summit with Donald TrumpBusiness live – latest updatesConsumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.Customs data showed the gap between the EU’s imports from China and exports to China, the trade deficit, ran at more than €1bn (£860m) a day in July. Continue reading...

• Russia has increased grey-zone sabotage and drone incursions over the Baltic littoral to test Allied air defenses and cohesion. • A Kh-101 missile recently impacted inside Poland, though reports suggest the incident likely resulted from a mechanical guidance failure. • These probing operations increase the risk of a direct military clash by testing operational thresholds below the level of conventional warfare.

• Asian stocks rose on Tuesday following a strong performance by technology shares on Wall Street. • The MSCI Inc. gauge of Asian shares climbed 0.5%, while South Korea's benchmark Kospi Index jumped more than 2%. • Memory chipmakers Samsung Electronics Co. and SK Hynix Inc. drove the gains, signaling strong investor confidence in the semiconductor market.

• World leaders are gathering in New York for the 81st annual United Nations General Assembly to address widening global conflicts and a trust deficit. • Some actors are controlling fuel and food supplies to create scarcity and increase costs on a global scale. • The United States and its partners are prioritizing the freedom of navigation to help rebalance the world and solve humanitarian challenges.

• Several companies linked to the data center industry have delayed their initial public offerings as public backlash grows over the high energy consumption of these facilities. • Host Digital CEO Harmol Samra stated that supporting infrastructure build-out must go hand in hand with investing in artificial intelligence. • This skepticism from Wall Street investors creates financial uncertainty for developers who rely on public markets to fund the massive energy and hardware needs of AI.

• An industry analyst has urged Malaysia to increase financial incentives to attract advanced semiconductor chipmakers. • The recommendation focuses specifically on advanced packaging, which the analyst describes as the primary need of the global tech industry. • Higher incentives could help Malaysia capture a larger share of the high-end chip market and reduce reliance on basic assembly services.