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Explosions rock Kyiv as Russia launches ballistic missiles at the capital and other regions across Ukraine

An air raid alert is in effect across most of Ukraine, except for the western regions.

kyivindependent.com ·

Explosions rock Kyiv as Russia launches ballistic missiles at the capital and other regions across Ukraine

Around 3 a.m. on August 27, a series of explosions shook Kyiv, the capital of Ukraine, according to journalists reporting from the city. Air raid sirens were in effect throughout most of the country, save for the western regions. Within a minute, at least six explosions were heard in Kyiv, with two sounding distant and the others causing considerable impact in central Kyiv, reported Chris York.

Similar explosions were also reported in the southern city of Odesa and Zaporizhzhia. Governor Ivan Fedorov of Zaporizhzhia confirmed that the attack resulted in at least three injuries.

Just a day earlier, Russian forces had launched a total of 163 drones across Ukraine, as reported by the Ukrainian Air Force. Out of these, 132 drones were successfully intercepted by Ukrainian air defenses, which struck them over the country's north, south, and east. The remaining drones targeted 18 different locations, with debris from intercepted drones falling at three additional sites.

Written by urgent.news from Kyiv Independent's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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The insurance industry recorded a net profit of 9 trillion won in the first half of the year. Life insurance companies made more profit from investments than their core business. According to the Financial Supervisory Service on the 29th, the net profit of insurance companies in the first half of this year was 9.09 trillion won, up 3.4% from 8.78 trillion won in the same period last year. The net profit of life insurance companies was 4.51 trillion won, up 5.8% from 4.26 trillion won in the same period last year. In the case of life insurance companies, their profit from core business such as insurance contracts decreased by 1.1% to 1.53 trillion won, but their investment profit increased by 10.3% to 3.34 trillion won. The net profit of non-life insurance companies was 4.58 trillion won, up 1.1% from 4.52 trillion won in the same period last year. The Financial Supervisory Service analyzed that "the insurance industry's net profit increased due to a decrease in the loss ratio and an increase in investment profit." The loss ratio of life insurance companies in the first half of this year was 77.1%, down 1.6 percentage points from 78.7% in the same period last year. The loss ratio of non-life insurance companies was 83.1%, down 0.6 percentage points from 83.7% in the same period last year. The investment profit of insurance companies increased by 10.8% to 11.47 trillion won. The Financial Supervisory Service said, "The insurance industry's profit is expected to improve in the second half of the year as the interest rate is expected to rise and the value of investments such as stocks and bonds will increase."

·hani.co.kr

A call center was set up in Cambodia and a 340 billion won-scale gambling website was operated. 18 people were arrested. The Gangwon Provincial Police Agency's Cyber Investigation Team arrested 18 people, including A and B, on charges of violating the Electronic Financial Transactions Act and the Gambling Business Act. According to the police, A and B opened a call center in Phnom Penh, Cambodia in June 2021 and ran an online gambling site, 'K', which made 340 billion won in Korea. The police investigated 40 billion won in transactions related to the site and secured 1.3 billion won in assets. The police are investigating the scale of the damage and the number of users. The suspects are presumed to have made about 100 million won each. The police plan to expand the investigation to identify other accomplices and users. The call center had about 20 employees, and the police are investigating whether there were any other accomplices. The police also plan to work with Interpol to arrest suspects who are abroad. The Gangwon Provincial Police Agency urged people not to use unauthorized gambling sites. The police also warned that damage from unauthorized gambling sites is likely to be large and that users may be punished for violating the law.

·hani.co.kr

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