U.S. Secretary of State Rubio said the G20 must act together to counter threats to the economic order.

Guoyuan Securities said in a research note demand for machine tools is rising and the global market is expanding. The sector retains a pyramid structure with Germany and Japan at the apex; 2024 data show China remains the world’s largest machine-tool producer and consumer. Domestic players are numerous and operating steadily, and China’s import-export mix is shifting toward higher-value trade, weakening the traditional low-end-export/high-end-import pattern.

Moscow mayor said Ukraine launched 862 drones toward Moscow overnight; most were shot down well outside the city.