Houthi spokesman Yahya Sarea said the group used two drones to strike sensitive targets at Saudi Arabia’s Najran airport and Aramco facilities in Najran, claiming both strikes were successful and were retaliation for a Saudi drone incursion into Saada province airspace.

The International Grains Council (IGC) cut its 2026/27 global wheat production forecast by 4 mln tonnes to 817 mln tonnes.

South Korea launched an 880 bln won (≈$631m) ultra-long technology fund today, offering up to a 16-year investment horizon for advanced tech sectors. Policy capital comprises 77% (680 bln won), including 600 bln won from the Advanced Strategic Industries Fund and 80 bln won in fiscal funding; the Financial Services Commission and Korea Development Bank are driving the initiative. The fund will target next-generation semiconductors, biotech and related advanced industries; investee eligibility requires vetting by a technology credit guarantee fund or equivalent legal assessment. To limit concentration, at least 40% of allocations must be invested outside AI and semiconductors; early-stage co-investment and overseas M&A receive weighted incentives. Asset managers will be appointed as three small managers (80 bln won each) and four large managers (160 bln won each); proposals close Sept. 3, selection is due in October and disbursement could be completed by year-end. Manager evaluation will emphasize sector-specific teams and expert networks.