Bloomberg China fired a missile from a hypersonic weapon as it approached a target during a test in July, the Financial Times reported, adding the Pentagon was surprised because no nation was known to have the capability. A hypersonic glide vehicle launched by China fired the projectile over the South China Sea while moving at five times the speed of ...

Bloomberg The US has shared intelligence including maps with European allies that shows a buildup of Russian troops and artillery to prepare for a rapid, large-scale push into Ukraine from multiple locations if President Vladimir Putin decided to invade, according to people familiar with the conversations. That intelligence has been conveyed to some Nato members over the past week to ...

Bloomberg An organisation formed by key participants in China’s currency market urged banks to limit speculative foreign-exchange trading after the yuan climbed to a six-year high versus peers. The China Foreign Exchange Committee (CFEC) — founded under guidance from the central bank — encouraged lenders to be risk-neutral when trading foreign exchange for themselves and for clients, according to people ...