Yemeni government forces said they repelled a Houthi assault on the Kahbub Mountains and have retaken large areas; the Houthis now hold only a few pockets and have not commented, while fighting continues. The Kahbub Mountains lie northeast of the Bab al-Mandeb and are a key high ground near the strait. Since Sept. 3 the Houthis have launched an offensive, seized Yemen’s entire western coast and deployed combat units attempting to take Kahbub, a move that would further threaten government-held ar

Some local small banks are actively reducing stock of out-of-province deposits, cutting them on a quarterly basis while shifting funding toward in-province customers, a private-bank insider said. Regulators in July instructed some local commercial and private banks on local-customer determination: of five elements — ID address, habitual residence, primary business location, mobile-number registration location and device-location data — at least three must match to qualify as a local client. The guidance bars banks from taking on new non-local business; existing non-local business must be fully wound down by end-2027 and may not be extended via rollovers or restructurings. Regulators said the requirement covers deposits as well as loans and expects natural runoff, allowing a transition period rather than an immediate blanket cut-off.

DSV Group said it signed a memorandum of understanding with CATL to deepen cooperation on battery logistics, freight electrification and carbon reduction. The deal includes promoting CATL’s electrification of European land transport and a heavy‑truck battery‑swap pilot in China planned for this year, supported by Qiji battery‑swap. Parties will also cooperate on battery recycling and after‑sales, energy storage at logistics parks and charging‑infrastructure solutions.