China's CPI rose 0.5% year on year in July, official data showed Sunday. The consumer price index is a main gauge of inflation in the world's second-largest economy.

S&P revises Georgia sovereign credit outlook to positive, affirms BB/B ratings. Agency cites 8.3% average growth over past 3 years, projects 6.4% in 2026 and 5.9% in 2027.

S&P Global Ratings has revised the outlook on Georgia's sovereign credit rating to positive from stable, affirming its BB/B long- and short-term ratings, citing robust economic growth, international reserves accumulation, prudent fiscal management, moderate government debt and a stable banking sector.

Russia will require banks to refuse transfers if malware is detected on a customer's device from March 1, 2027, under Federal Law 210-FZ signed in June 2026. Covers card, e-money and SBP transfers.

Russian banks will refuse to process transfers when malicious software is detected on a customer's device starting March 1, 2027, under Federal Law No. 210-FZ signed on June 26, 2026, TASS reports. The rule covers bank card operations, electronic money transfers, and Faster Payments System transfers, requiring banks to inform clients of the refusal and suggest using another device or visiting a branch.

Russia sets new crypto rules effective Sept. 1: digital currency classified as property, exchange via Bank of Russia-registered intermediaries, 300K-ruble annual cap, and permitted use in foreign trade.

A Russian State Duma deputy told TASS that new cryptocurrency rules take effect September 1: digital currency is classified as property, exchanges must go through Bank of Russia-registered intermediaries, retail investors face a 300,000-ruble annual purchase cap per intermediary, and crypto can be used in foreign trade settlements.

Typhoon Dolphin nears east China's Zhejiang Province as authorities recall fishing boats, suspend ferries and prepare evacuations. Emergency response raised to Level III, warning lifted to orange.

Coastal areas of eastern China were bracing for strong winds and torrential rain as Typhoon Dolphin approached on Aug. 8, 2026, prompting authorities to recall fishing boats, suspend ferry services and prepare for evacuations. China's meteorological authority upgraded its emergency response for Dolphin to Level III and raised the typhoon warning from yellow to orange.