US Secretary of State Rubio announced a new global visa-restriction policy targeting individuals responsible for, or complicit in, cybercrime and those who support cyber-enabled criminal activity.

Alibaba Cloud says its Zhenwu M890 super-node has been successfully adapted to Qwen3.8 and is live on Alibaba Cloud’s Bailian platform for model inference, becoming China’s first super-node to run a model with over 2 trillion parameters.

Rumors that some Zhejiang banks lowered deposit rates sparked sizable bond-market moves. Multiple sources confirmed the change is a regional self-discipline adjustment: Zhejiang’s deposit-rate mechanism cut the self‑regulated caps on two-, three- and five‑year deposits by 5bps, effective July 22, applied only to city commercial banks and rural commercial banks in Zhejiang. The move does not cover state-owned big banks or national joint-stock banks and, according to local banking officials and economists, is not a signal of a broader monetary policy rate cut.