Russia hits Ukrainian defense industry, energy facilities

Russian forces launched a massive overnight strike against Ukraine's military-industrial complex and energy infrastructure late on Saturday night, the Russian Defense Ministry said Sunday.

The raid involved combat drones and long-range precision weapons, including hypersonic aeroballistic "Kinzhal" missiles, the ministry said in a statement on Telegram.

The Russian troops also struck rolling stock for rail transportation of military equipment to combat zones in the Donbas region, a fuel supply center, storage and preparation sites for launching drones and rockets, as well as temporary deployment points of Ukrainian forces and foreign mercenaries in 137 areas, according to the statement.

The Russian army took control of the settlement of Kuzminovka in the Donetsk region, it added.

The Ukrainian Air Force reported on Sunday that starting at 20:00 local time on Saturday, Russian forces launched a combined strike against Ukraine using fixed-wing drones, air-based, sea-based, and land-based missiles.

According to preliminary data, as of 14:00 Sunday, Ukrainian air defense systems had shot down and suppressed 478 aerial targets, including 439 drones, 32 Iskander-K cruise missiles, and six Kalibr cruise missiles, it said.

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.