A Russian ballistic barrage kills civilians in Kyiv, a landmark Hamas disarmament deal takes its first tentative steps, Asian markets stage the biggest single-day surge in South Korean history, and a deadly border crisis unfolds at Spain's African enclave.
Russia fired 27 ballistic missiles at Ukraine's capital on August 1, with only one intercepted — Ukraine's Patriot air-defense stocks reportedly exhausted — killing nine people including children and wounding 33 more. The scale of the raid underscores Ukraine's deepening air-defense crisis as the war enters its fifth year.
The US-led Board of Peace announced Hamas agreed to a phased 200–250-day disarmament process in Gaza, with militants beginning ceasefire terms on August 1; however, Israel has not publicly accepted its own withdrawal obligations, leaving the deal's durability in doubt.
Samsung Electronics surged 28% and SK Hynix hit its 30% daily limit-up as strong AI cloud-spending results from Microsoft and Amazon reversed a brutal three-day tech selloff driven by AI-bubble fears and rising Chinese chip competition; Japan's Nikkei and Taiwan's TAIEX also rose sharply.
Dozens of migrants died — some drowning, others crushed in a stampede — while attempting to cross a breakwater barrier into Spain's North African exclave of Ceuta, making it one of the deadliest single migration incidents at the Spanish border in years and reigniting EU-Morocco tensions.
US equities recovered on August 1 — the Nasdaq gained 2.8% and the S&P 500 closed up 1% — as mega-cap tech stocks reversed a midweek Federal Reserve-driven selloff, with Wall Street's consensus year-end S&P 500 target now sitting at roughly 7,850.
gathered from: Al Jazeera · Axios · CNN · Korea Times · Bloomberg · Euronews · Seeking Alpha · CNBC