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The US and China have reached a preliminary agreement on a trade deal, which is set to be signed ahead of the upcoming meeting between President Trump and President Xi. This deal includes provisions for TikTok and hints at resolutions regarding rare earths and tariffs. This is significant as it could ease tensions between the two largest economies and foster a more stable trade environment, benefiting businesses and consumers alike.

Israel's stock market closed on a high note, with the TA 35 index rising by 1.01%. This positive trend reflects growing investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, this uptick in Israel's stocks is a promising sign for both local and international investors.

Nigeria's technology regulator is advocating for greater control over TikTok, emphasizing the need to establish local rules instead of depending on global content policies. This move highlights concerns about the platform's impact on the youth, as officials believe it consumes valuable time that could be spent on more productive activities. By seeking to regulate TikTok, Nigeria aims to ensure that the platform aligns with the country's cultural values and priorities.

Anwar Ibrahim, the Prime Minister of Malaysia, recently addressed the ASEAN Leaders’ Summit in Kuala Lumpur, where he engaged with global leaders on crucial topics such as peace, trade, and regional stability. This summit is significant as it highlights Malaysia's active role in fostering collaboration and dialogue among Southeast Asian nations, which is essential for addressing shared challenges and promoting economic growth.

Novartis is reportedly close to finalizing a deal to acquire Avidity Biosciences for more than $70 per share, according to Bloomberg News. This acquisition could significantly enhance Novartis's portfolio in the biotechnology sector, allowing them to leverage Avidity's innovative technologies and research capabilities. Such a move not only reflects Novartis's commitment to expanding its reach in the market but also highlights the growing interest in gene therapies and RNA-targeted treatments.

Chinese and U.S. officials have made significant progress in trade negotiations, announcing a preliminary agreement on several key issues. This development is crucial as it sets the stage for an upcoming meeting between President Trump and President Xi Jinping, potentially paving the way for improved economic relations between the two countries. A successful trade deal could benefit both economies and reduce tensions, making this a noteworthy moment in international trade.