Don’t miss the latest developments in business and finance.

Missile Strike

No casualties have been reported so far

Updated On: 31 Mar 2023 | 7:23 AM IST

North Korea said Friday its latest cruise missile launches this week were part of nuclear attack simulations that also involved a test of a purported underwater attack drone as leader Kim Jong Un vowed to make his rivals plunge into despair. North Korea has stepped up its weapons demonstrations this month in a tit-for-tat response to the United States' expanding military exercises with ally South Korea aimed at countering the North's growing nuclear threat. The allies completed an 11-day exercise that included their biggest field training in years on Thursday, but North Korea is expected to continue its weapons tests as the United States reportedly plans to send an aircraft carrier in coming days for another round of joint drills with the South. Pyongyang's official Korean Central News Agency said Kim supervised a three-day exercise through Thursday that simulated nuclear counterattacks against enemy naval assets and ports that involved detonations of mock nuclear warheads. KCNA said

Updated On: 24 Mar 2023 | 8:28 AM IST

Ukraine's military intelligence agency reported what appeared to be a brazen attack late Monday on Russian cruise missiles being transported by train in the occupied and illegally annexed Ukrainian Crimean Peninsula. The region's Russian-appointed governor reported an incident in the area of the same Crimean town, Dzhankoi in the northern part of the peninsula, though he did not mention cruise missiles as an attack target. None of the reports could be independently verified. A vague statement by the Ukrainian military agency, posted on its website, said multiple Kalibr cruise missiles were destroyed by an explosion, without explicitly saying Ukraine was responsible or what weapon had been used. It said the missiles were being carried by rail and were destined for submarine launch. The agency implied the Kyiv government was responsible by saying the explosion destroying the missiles continues the process of Russia's demilitarization and prepares the Ukrainian peninsula of Crimea for

Updated On: 21 Mar 2023 | 11:16 AM IST

Ukrainian officials say at least five people have been killed in a massive missile attack on Thursday, and several more have been wounded. Governor of the western Lviv region Maksym Kozytskyi said four people were killed there after a missile hit a residential area in the Zolochivskyi district. Emergency workers were combing through the rubble, he said, under which more people could be trapped. One person was killed in the Dnipropetrovsk region, its Gov. Serhii Lysak reported, adding that two more were wounded in multiple strikes across the region. The Kyiv mayor reported damage in two districts, and the Kharkiv and Odesa governors said residential buildings were hit there. Lviv region, as well as in the cities of Dnipro, Lutsk and Rivne. Ukrainian media also report explosions in the western regions of Ivano-Frankivsk and Ternopil. Russia has been hitting Ukraine with these massive missile attacks since last October. Initially, the barrages targeting the country's energy ...

Updated On: 09 Mar 2023 | 12:55 PM IST

Russia unleashed a massive missile barrage on cities across Ukraine early on Thursday, targeting energy infrastructure facilities, Ukrainian officials and media said. Air raid sirens wailed all over Ukraine in the first such missile attack in weeks. The governor of the northeastern Kharkiv region, Oleh Syniehubov, reported more than 15 strikes on Kharkiv, Ukraine's second largest city. Objects of critical infrastructure is again in the crosshairs of the occupants, he said in a Telegram post. The governor of the southern Odesa region, Maksym Marchenko, also reported strikes on Odesa, saying that energy facilities and residential buildings were hit. Explosions were also reported in cities in Dnieper, Lutsk and Rivne.

Updated On: 09 Mar 2023 | 11:01 AM IST

Russia has again pummeled Ukraine with a barrage of missiles, firing a combination of 36 cruise and other missiles and losing at least 16 of them to Ukrainian air defense batteries, Ukrainian officials said Thursday. The head of Ukraine's presidential office said targets had been hit in the country's north, west and south. A 79-year-old woman was killed and at least seven other people were wounded when missiles hit the eastern city of Pavlohrad, Ukrainian local Gov. Serhiy Lysak reported. A regional governor in western Ukraine, Maksym Kozitskyi, said a fire broke out at a critical infrastructure facility in the province of Lviv. He did not immediately offer details.

Updated On: 16 Feb 2023 | 2:07 PM IST

North Korea fired 69 ballistic missiles last year, marking a new record number of ballistic missile launched in a year. Its previous annual record was at 25

Updated On: 14 Feb 2023 | 6:48 AM IST

The final death toll from a weekend Russian missile strike on an apartment building in southeastern Ukraine reached 44, officials said, as the body of another child was pulled from the wreckage

Updated On: 17 Jan 2023 | 7:45 PM IST

Rescue workers in Ukraine scrambled on Sunday to pull survivors from the rubble of an apartment building hit a day earlier by a Russian missile in the southeastern city of Dnipro. Emergency crews worked through the frigid night at the multi-story residential building as the death toll rose to 23, according to the city government. The casualties were the worst from a barrage of Russian strikes on several cities in Ukraine on Saturday. The attacks also targeted the capital, Kyiv, and the northeastern city of Kharkiv, ending a two-week lull in Moscow's strikes on Ukraine's power infrastructure and urban centers. Russia fired 33 cruise missiles on Saturday, of which 21 were shot down, according to Gen. Valeriy Zaluzhny, the commander-in-chief of the Ukrainian armed forces. In Dnipro, workers used a crane as they tried to rescue people trapped on upper floors of the apartment tower where about 1,700 were living. Some residents signalled for help with lights on their mobile phones. The

Updated On: 15 Jan 2023 | 6:35 PM IST

The attack reportedly has damaged homes, as well as playgrounds, according to the Kyiv city military administration

Updated On: 30 Dec 2022 | 7:10 AM IST

Officials earlier said more than 120 missiles were fired into Ukraine

Updated On: 29 Dec 2022 | 11:25 PM IST

Ukrainian authorities reported explosions in at least three cities on Friday, saying Russia has launched a major missile attack on energy facilities and infrastructure. Local authorities on social media reported explosions in the capital, Kyiv, southern Kryvyi Rih and northeastern Kharkiv as authorities sounded air raid alarms across the country warning of a new devastating barrage of the Russian strikes that have occurred intermittently since mid-October. Kharkiv Mayor Ihor Terekhov said on Telegram that the city is without electricity. The strikes targeting energy infrastructure have been part of a new Russian strategy to try to freeze Ukrainians into submission after several key battlefield losses by Russian forces in recent months.

Updated On: 16 Dec 2022 | 1:58 PM IST

The incident roiled financial markets early in the day amid fears that geopolitical tensions may flare up further

Updated On: 16 Nov 2022 | 11:48 PM IST

The leaders affirmed readiness to hold Russia accountable for its "brazen attacks" on the Ukrainian communities.

Updated On: 16 Nov 2022 | 2:09 PM IST

Duda stated that the US will be sending experts to conduct an investigation at the site of the explosion as part of a joint operation.

Updated On: 16 Nov 2022 | 12:30 PM IST

US President Joe Biden said on Wednesday that it was "unlikely" that a missile that killed two in NATO-ally Poland was fired from Russia, but pledged support for Poland's investigation into what it had called a "Russian-made" missile. Biden spoke after he convened an "emergency" meeting of the Group of Seven and NATO leaders in Indonesia on Wednesday morning for consultations on the attack that killed two people in the eastern part of Poland near the Ukraine border. "There is preliminary information that contests that," Biden told reporters when asked if the missile had been fired from Russia. "It is unlikely in the lines of the trajectory that it was fired from Russia, but we will see." The president, who was awakened overnight by staff with the news of the missile explosion while in Indonesia for the Group of 20 summit, called Polish President Andrzej Duda early on Wednesday to express his "deep condolences" for the loss of lives. Biden promised on Twitter "full US support for and

Updated On: 16 Nov 2022 | 8:58 AM IST

The U.S. dollar index, which measures the currency against six peers and weights the euro most heavily, rose 0.19% to 106.63.

Updated On: 16 Nov 2022 | 8:52 AM IST

President Joe Biden called an "emergency" meeting of G7 and NATO leaders in Indonesia on Wednesday morning for consultations after NATO-ally Poland said a "Russian-made" missile killed two people in the eastern part of its country near the Ukraine border. Biden, who was awakened overnight by staff with the news of the missile explosion, called Polish President Andrzej Duda early on Wednesday to express his "deep condolences" for the loss of lives. The US president promised "full US support for and assistance with Poland's investigation", and "reaffirmed the United States' ironclad commitment to NATO". A statement from the Polish Foreign Ministry identified the missile as being made in Russia. But Poland's president, Duda, was more cautious about its origin, saying that officials did not know for sure who fired it or where it was made. He said it was "most probably" Russian-made, but that is being still verified. If confirmed, it would be the first time since the invasion of Ukraine .

Updated On: 16 Nov 2022 | 8:21 AM IST

Poland said early on Wednesday that a Russian-made missile fell in the eastern part of the country, killing two people in a blast that marked the first time since the invasion of Ukraine that Russian weapons came down on a NATO country. Ukrainian President Volodymr Zelenskyy decried the strike as "a very significant escalation" of the war. Polish Prime Minister Mateusz Morawiecki said the government was investigating and raising its military preparedness. A statement from the Polish Foreign Ministry identified the missile as being made in Russia. But President Andrzej Duda was more cautious about its origin, saying that officials did not know for sure who fired it or where it was made. He said it was "most probably" Russian-made but that is being still verified. Meanwhile, NATO Secretary-General Jens Stoltenberg called an emergency meeting of the alliance's envoys to discuss the events close to the Ukrainian border in Poland. Poland's statement did not address the circumstances of

Updated On: 16 Nov 2022 | 6:56 AM IST

Power provider DTEK announced emergency blackouts in the capital and authorities announced similar steps elsewhere, too

Updated On: 15 Nov 2022 | 11:39 PM IST