In its 2025 white paper, Japan's Defense Ministry said the world faces the most perilous security environment since World War II.

Sen. Jack Reed files $914B FY26 defense bill with bipartisan support, emphasizing Ukraine aid, AI, troop pay, and oversight.

European industrial companies also rose after ABB posted a record second-quarter order intake and Legrand raised guidance. Siemens and Schneider Electric shares rose too. U.S. monetary policy was ...