Ukrainian President Zelenskiy said Ukraine will make a clear response to Russian drone strikes on shopping centers.

Swiss National Bank executive board member Tschudin said the Swiss franc weakened as foreign interest-rate expectations rose.

Hainan provincial meteorological bureau says a South China Sea tropical depression is likely to stall and loop over the northern Beibu Gulf and Qiongzhou Strait for the next three days and may intensify into a tropical storm. From Aug. 22–24, Hainan’s northwest half expects heavy to very heavy rain with locally extreme totals; the rest of the island will see moderate to heavy rain with isolated heavy showers. Offshore areas around Hainan will see gusts of Beaufort 8–9, with the northern Beibu Gulf reaching Beaufort 9–10; Qiongzhou Strait may face prolonged suspension of ferry and shipping services.