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New Chinese travel restrictions are causing concern among major technology companies and skilled workers, particularly in fields like artificial intelligence. Observers say the rules could complicate international movement for engineers and executives, and may accelerate a broader decoupling of China's tech sector from global talent flows. The full impact on companies and employees remains uncertain.

China and the United States have agreed to cut tariffs on $60 billion worth of goods traded between them, according to a Reuters report. The reductions cover agricultural products and household items, marking a step toward easing trade tensions between the world's two largest economies.

The Spanish coastguard has picked up 60 migrants a few kilometres off the Moroccan coast near Tarfaya and brought them to the Canary Islands. Reports say they will be transferred to mainland Spain, from where some may continue on to other European countries. The rescue adds to the ongoing flow of crossings along the Atlantic route to the Canary Islands, which remains one of the main migration paths into Spain.

A former Pentagon official says the United States needs to control China's access to advanced semiconductors, arguing that restricting the flow of cutting-edge chips is necessary for national security. The comments add to an ongoing debate in Washington over how far export controls on advanced technology should go as competition with China intensifies.

The People's Bank of China has set a firmer daily yuan fixing against the US dollar, a move traders read as the central bank tightening its grip on the currency. The stronger-than-signalled reference rate signals Beijing's intent to steady the yuan and curb sharp depreciation pressure at a time when markets are closely watching capital flows and China's economic outlook.

A proposed cap on college coaches' compensation has become a sticking point in Congressional debate over the Protecting Student Athletes Act, legislation addressing how schools compensate athletes amid the NIL era. The dispute over limiting coach salaries highlights broader tensions over where money in college sports should flow, with lawmakers split on whether coach pay should be restricted alongside new athlete revenue rules.

A Reuters commentary examines which Asian economies will be hit hardest as the US Federal Reserve continues tightening monetary policy. The analysis focuses on how rising US interest rates could pressure Asian currencies, capital flows and debt levels. It comes as markets weigh how long the Fed will keep rates elevated and which regional economies are most vulnerable to capital outflows and weaker currencies.

Saudi Arabia has resumed oil exports through its East-West pipeline, loading crude at the Red Sea port of Yanbu. The restart of the strategic route, which bypasses the Strait of Hormuz, is being read as a signal about the kingdom's export flexibility and shipping security at a time when global markets remain sensitive to Middle East supply disruptions.

NASA scientists are mapping vast valleys buried beneath the Greenland ice sheet, revealing dramatic hidden landscapes that were shaped before ice covered the island. The research helps scientists understand how the bedrock terrain influences ice flow and could improve predictions of how the ice sheet will respond to climate change and contribute to global sea-level rise.

Syria's central bank says it expects more than $1 billion to flow into establishing new banks in the country. The announcement points to renewed interest in Syria's banking sector as the country looks to rebuild its financial institutions and attract investment after years of conflict and economic isolation.

Bitcoin slipped as strong inflows into spot exchange-traded funds collided with pressure from the Federal Reserve's policy outlook. FXStreet's forecast notes that continued ETF buying is being offset by macro headwinds, with traders weighing rate expectations against institutional demand for BTC.

Semafor argues that the pipeline of new share listings in Saudi Arabia will not, on its own, resolve the problems facing the kingdom's stock market. The piece suggests deeper structural issues need addressing beyond simply bringing more companies to market.

Costco is passing along tariff refunds to its customers, according to a morning business report that also covers the latest inflation update and news about McDonald's Playplace. The refunds suggest companies are returning costs collected before changes to tariff policy. The report groups the stories together in a routine business roundup, with inflation figures and the fast-food chain's family play areas rounding out the morning's economic headlines.

Aldi is processing large volumes of fresh produce through its automated distribution warehouse in the UK, part of the discounter's push to use robotics to speed up supply and cut costs. The facility handles the flow of goods to stores as the grocer expands automation across its logistics network.

With diplomatic relations between the United States and China warming, attention is turning to what the thaw could mean for travel between the two countries. Commentators are asking whether flights, visas and tourism flows could soon return to pre-tension levels, and whether travelers should start planning trips across the Pacific again.