Armed conflicts and attacks
Insurgency in Khyber Pakhtunkhwa
The Pakistani Armed Forces launches an operation in Bajaur, Khyber Pakhtunkhwa, a former stronghold of the Pakistani Taliban, to find insurgent hideouts. Over 100,000 civilians have been internally displaced. (AP)
Business and economy
China–United States trade war
China and the United States extend their trade truce another 90 days to ease world tension after the international tariffs that went into effect after being signed on April 2. (AP) (The New York Times) (CNN)
Chinese property sector crisis
The Evergrande Group announces it will be delisted from the Hong Kong Stock Exchange on August 22 after trading remained suspended for over 18 months following a court-ordered liquidation in January 2024, with the company owing more than US$300 billion and unable to present a viable debt restructuring plan. (Euronews)