China’s public budget revenue rises 5.7% through August
Revenue increased faster than spending in the first eight months, while government-fund income fell 19% year on year.
Ministry of Finance of the People’s Republic of China
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514 storiesWorld economy and business news — Page 3
Developments in the world economy, international trade, finance and energy. Source-linked reporting appears in this section.
China property development investment falls 19.9% in January-August
New home starts dropped 24.8%, while existing-home transaction floor space rose 10.6%.
National Bureau of Statistics of China
China retail sales rise 0.4% in August as year-to-date growth reaches 1.1%
Online retail sales of goods and services increased 4.6% in January-August.
National Bureau of Statistics of China
EBA consults on joint prudential decisions for cross-border banks
The proposed standards would simplify how supervisors coordinate bank-specific capital and liquidity decisions; comments are due 4 January 2027.
European Banking Authority
EBA narrows third-party risk guidance to critical functions
Final guidelines focus on arrangements supporting critical or important functions and allow a two-year transition.
European Banking Authority
EBA sets 2027 priorities for banking supervision and resolution
The programme focuses on the banking package, payments, crisis management, supervisory convergence and digital resilience.
European Banking Authority
EBA dashboard finds EU banks well-capitalised in second quarter
EU/EEA lenders reported a 16.1% CET1 ratio and a 158.5% liquidity coverage ratio in Q2 2026.
European Banking Authority
ECB prepares tokenised securities investments settled through Pontes
The central bank has begun preparatory work for a small investment in euro-area public and supranational securities.
European Central Bank
ECB updates Eurosystem collateral and haircut rules
New rules will use second-best ratings for private assets and revise collateral haircuts from 30 November.
European Central Bank
England allocates £91 million to modernise services in 14 councils
The two-year fund targets costly services in authorities already receiving Exceptional Financial Support.
Ministry of Housing, Communities and Local Government
England gives mayors power to introduce an overnight visitor levy
The charge must be linked to accommodation cost, and eligible local leaders can decide whether to use it.
Ministry of Housing, Communities and Local Government
ESMA sets 2027 priorities for EU capital markets
The work programme includes clearing resilience, T+1 settlement preparation, investor protection and supervisory technology.
European Securities and Markets Authority
Beyond the wellhead, context.
A source-linked view of wells, energy and markets in five languages.