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Daily Briefing

Hello, it's a busy news day with Ukrainian intercepts showing Russian soldiers' anger, reports Kim Jong Un will travel to Russia, and Country Garden making interest payments on US dollar bonds.

Plus, Delhi slum residents saw their homes turned to rubble ahead of the G20.

By Kate Turton

Today's Top News

Vladimir Putin and Kim Jong Un pose for a photo during their meeting in Vladivostok, Russia, April 25, 2019. Alexander Zemlianichenko/Pool via REUTERS/File Photo

North Korean leader Kim Jong Un plans to travel to Russia this month to meet President Vladimir Putin and discuss supplying Moscow with weapons for the war in Ukraine, the New York Times reported. Listen to Josh Smith in Seoul on what Pyongyang can offer Moscow.
Myanmar's detained former leader Aung San Suu Kyi is ailing and a request for an outside physician to see her has been denied by the country's military rulers, a source familiar with the matter and the shadow government loyal to her said.
Russia shot down at least three Ukraine-launched drones that were targeting the country's capital, the Russian defense ministry said. Meanwhile, the number of people killed or wounded by cluster munitions increased eightfold last year to more than 1,000 a campaign group said.
Torrential rains have flooded homes and roads in Greece and a man died after a wall collapsed in the bad weather, the fire brigade said.
Japan has told the World Trade Organization that China's ban on Japanese seafood after the release of treated water from the Fukushima nuclear plant was "totally unacceptable", the Japanese foreign ministry said.
Hong Kong's top court partially approved an appeal by LGBTQ activist Jimmy Sham for recognition of overseas same-sex marriages and called for an alternative legal framework for such couples to legitimize their basic social needs.

US NEWS

President Joe Biden took shots at his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at shoring up support in Pennsylvania. First lady Jill Biden has tested positive for COVID-19 just days before the president, who tested negative, is due to travel to a Group of 20 summit, the White House said.
Top Democrats in the Senate will look to gain the upper hand over House Republicans in talks over government funding when the chamber returns from summer recess, as the threat of an October government shutdown looms.

Business & Markets

A construction site of residential buildings by developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File Photo

Country Garden has made interest payments on two US dollar bonds just as a grace period was due to end on Tuesday, a person close to the company said, in a relief for the embattled developer and crisis-hit Chinese property sector.
BP CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output.
Huawei and China's top chipmaker SMIC have built an advanced 7-nanometer processor to power its latest smartphone, according to a teardown report by analysis firm TechInsights. China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said.
Millions of auto workers and suppliers in China are feeling the heat as an electric vehicle price war forces carmakers to shave costs anywhere they can. Reuters interviews with 10 executives of carmakers and auto parts suppliers, as well as seven factory workers, point to a broader industry in distress.
Discussions are underway on a global framework to regulate crypto assets, India's finance minister said, adding that cryptocurrencies could not be regulated efficiently without the co-operation of all countries.

Ukrainian intercepts of Russian soldiers' calls talk of losses, disarray

An Orthodox priest conducts a service for reservists drafted as part of the partial mobilisation, in Sevastopol, Crimea September 27, 2022. REUTERS/Alexey Pavlishak

Excerpts from 17 phone calls placed in early July by Russian soldiers fighting in Ukraine - and intercepted by Ukrainian intelligence services - show them complaining about poor equipment and heavy losses.

Story contains strong language

They provide a rare - albeit partial - glimpse into the conditions of some Russian soldiers

And Finally...

Children try to salvage their belongings from the rubble of their house during a demolition drive at a slum area, New Delhi, India, June 1, 2023. REUTERS/Adnan Abidi

When residents of a slum cluster in New Delhi's Janta Camp area heard that the G20 Summit was to be held in the Indian capital, barely 500 meters from their homes, they expected it would benefit them as well.

Instead, they were rendered homeless.

A Reuters Graphic: How Delhi homes were turned to rubble before the G20

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