Ukraine stages massive attack on airfields deep inside Russia

In today’s FirstFT Asia newsletter, key highlights include Ukraine’s significant drone attack on four Russian airfields, potentially impacting Russia’s global military capabilities. Additionally, China’s BYD plans to introduce a low-cost battery-powered kei car in Japan, challenging Toyota’s dominance. Other noteworthy stories cover Poland’s presidential election results favoring nationalist opposition, U.S. Treasury assurances against debt default, and the promising investment landscape in India’s tech sector.