Most G7 countries now spend more on debt servicing than on defense, Bloomberg reports citing Scope Ratings. Italy's debt costs nearly 3x its defense budget; US over 2x. US, Japan, France face record-high debt-service costs in the next five years.

China's State Post Bureau launches investigation into STO Express over workplace safety failures, citing multiple accidents this year and repeated hazards at business sites.

China's State Post Bureau has launched an investigation into STO Express Co., Ltd. over workplace safety issues, citing multiple accidents at enterprises operating under STO Express trademarks since the beginning of 2026 and repeated safety hazards found during inspections.

Calls grow in UK for windfall bank tax to fund cost-of-living support after HSBC posts £7.5bn profit

Calls grow in the UK for a windfall bank tax to fund cost-of-living support after HSBC reported £7.5 billion in profits.

China's central bank to conduct 500 billion yuan outright reverse repo operation Wednesday, an increased rollover as 300 billion yuan of three-month repos mature in August.

The People's Bank of China announced on Tuesday that it will carry out a 500-billion-yuan (about 73.6 billion U.S. dollars) outright reverse repo operation on Wednesday to maintain ample liquidity in the banking system, representing an increased rollover as 300 billion yuan of three-month outright reverse repos mature in August.

Ukraine AgricultureVysotsky warns up to $3 billion in farm-sector losses this year from 'Greater Odessa' port shutdowns. Since July 22, Odessa, Chernomorsk and Yuzhny have handled zero foreign cargo vessels, he said.

Ukraine's AgricultureTaras Vysotsky said losses to the country's agricultural sector from downtime at the so-called Greater Odessa ports could reach up to $3 billion this year, noting that since July 22 the ports of Odessa, Chernomorsk and Yuzhny have not accepted or dispatched a single foreign cargo vessel.