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Reports of attack in Baltic came before US envoys met with Russian and Ukrainian presidents.

The attack is thought to be the first time Ukrainian drones have attacked a Russian ship in an open stretch of the Baltic Sea.

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_4000,w_6000/746140' alt='The French Navy’s defense and intervention frigate (FDI) Amiral Louzeau during its launching ceremony at the Naval Group shipyard in Lorient, western France, May 19, 2026. (photo credit: REUTERS/STEPHANE MAHE)' title='The Fren

UK-led coalition of 10 Northern European nations announces joint defence framework amid rising threats from Moscow.

It has been a dramatic start to the week. Oil fell by more than 7 per cent on Monday after the presidents of the US and Iran signalled they were open to a diplomatic solution, and on Tuesday the Democrats won control of both the House of Representatives and the Senate in the US midterm elections. We sat down with Paul Donovan, chief economist at UBS Global W

North Korea is building its third Choe Hyon-class destroyer under Kim Jong Un's five-year defence development plan, which aims to produce two surface warships every year.

The Indian Navy is preparing for a major transformation of its surface combat fleet with Project 18A, an ambitious programme to develop next-generation stealth guided-missile destroyers

Of the eight Next Generation Corvettes to be built for the Indian Navy, Garden Reach Shipbuilders & Engineers will construct five and Goa Shipyard Limited three

The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.

Warsh used his assessment of a strong economy and warnings over persistent inflation to signal the Fed's job is not yet done.

WASHINGTON, Oct. 28 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its b...

Even though the interest-rate vote went as expected, there were a few surprises out of this week's Federal Open Market Committee meeting.

WASHINGTON, Oct. 28 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its b...

Die Inflation in den USA ist viel zu hoch. Dennoch findet die Spitze der amerikanischen Notenbank, dass das Zinsniveau vorerst angemessen sei.

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank's next moves.

Watch live coverage as Federal Reserve Chairman Kevin Warsh holds a press conference following the central bank's interest rate decision.

Markets overwhelmingly expect no change in benchmark interest rates following September's increase.

Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.

From maritime terrorism to drones, navies face a wider range of threats that do not always fit neatly into either law enforcement or conventional warfare, say analysts.

Iranian officials, media and analysts sense war is closer, but signal there will be no backing down.

Vrak 5, or Shipwreck 5, is thought to be the oldest warship found off Sweden or Denmark.