JoongAng Ilbo reports South Korean presidential office policy chief Kim Yong-beom faces criminal charges related to leveraged ETFs.

Pfizer struck a collaboration with Cinda Biopharma on 12 early-stage and de novo oncology R&D projects, with an upfront payment of $650m. In July, Moonshot AI released KimiK3 and DeepSeek rolled out the DeepSeek-V4-Flash API in public beta. Chinese advanced robotics equipment has also attracted heightened international attention. Jiang Zhao, deputy researcher at MOFCOM's Research Institute of International Trade and Economic Cooperation, said shorter industry iteration cycles reflect both faster global tech commercialization and a shift in China’s innovation capacity—domestic development is moving into sync with global frontiers and showing faster, more proactive autonomous iteration.

Italy's defense ministry said its navy, operating as part of an EU long-running military operation in the Mediterranean, intercepted an EU‑sanctioned Russian 'shadow fleet' tanker west of Pantelleria. The tanker captain refused to cooperate and an Italian boarding team conducted an inspection, supported by a Greek navy vessel and a Polish maritime patrol aircraft.