ASML’s China Fears Are Coming at Just the Wrong Moment July 29, 2026 at 1:00 PM GMT+10 Hard to copy. Christophe Fouquet, boss of ASML, holds a model of a semiconductor lithography machine during a Bloomberg TV interview. Photographer: Wiktor Dabkowski/Bloomberg Save Translate “Onderdompelinglithografiebelichtingsinrichting,” the Dutch word for the devices made by ASML, is hard to say — which is apt considering how difficult it is to build these prized chipmaking machines. They’re big and expensive, and they do the complicated work of printing circuit patterns that are invisible to the naked eye onto silicon wafer, in a process known as immersion lithography exposure. ASML Holding NV has a roughly 90% share of the global market for manufacturing these tools and a total monopoly on the ultra-sophisticated end of the technology known as EUV.
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ALL CHINESE RATS MUST DIE! US investigates Shein The US arm of Shein is under investigation by the Federal Trade Commission and may face significant financial penalties, the fast-fashion ecommerce platform disclosed in connection with its forthcoming flotation in Hong Kong. The company said, depending on the outcome of the investigation, it “may require us to make significant monetary payments that could have a material adverse effect on our financial condition and results of operations”. Shein, which attracted a valuation of nearly $100 billion in a 2022 fundraising round, did not say why it was under investigation.
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Beijing’s high-stakes battle on roof of world A tussle over who should succeed the ailing Dalai Lama could easily spiral out of control Roger Boyes @rogerboyes Strictly speaking the Dalai Lama, an increasingly frail 91, has a reincarnation rather than a succession problem. In Tibetan Buddhism, high lamas do not have crown princes. They die and their consciousness is reborn inside a child. The hunt is on, then, for omens pointing to a suitable protégé, a new, easily moulded spiritual leader. Both the monks of the Dalai Lama’s administration-in-exile and the propagandists deployed by the Chinese Communist Party are competing to find someone who can steer the Himalayas away from war. The duel has elements of mystic pantomime but it is in fact naked geopolitics played out at high altitude. The Dalai Lama, the 14th incarnation, has become the unifying symbol of Tibetan identity, a charismatic advocate for autonomy. He was forced to flee in 1959 from Lhasa, the Tibetan capital, days be...
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EXCLUSIVE: Trump administration bans new Chinese humanoid robots, to protect US AI buildout A humanoid robot at a robotics laboratory during a government-organized media trip in Guangzhou, Guangdong province, China, April 16, 2026. REUTERS/Go Nakamura Purchase Licensing Rights , opens new tab WASHINGTON, July 28 (Reuters) - The Trump administration on Tuesday unveiled bans that target imports of new Chinese robots and power inverters, seeking to protect the U.S. AI buildout from national security threats and reshore key industries slated for explosive growth. The Federal Communications Commission on Tuesday afternoon released the measures, which bar Chinese imports of new humanoid and quadruped robots, in addition to connected power inverters, which enable renewable energy sources and batteries to connect to grids and data center equipment. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. The restrictions, as first reported b...
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Skip to Main Content Toggle menu Lindsey Graham dies at 71 after ‘brief and sudden illness,’ his office says The senator had been a fixture in Republican politics both in South Carolina and in Washington. Sen. Lindsey Graham (R-S.C.) is seen at the U.S. Capitol in Washington, on June 5, 2025. | Francis Chung/POLITICO By David Siders , Megan Messerly and Chris Marquette 07/12/2026 03:01 AM EDT | Updated: 07/12/2026 10:35 AM EDT Lindsey Graham, the four-term Republican U.S. senator from South Carolina, died on Saturday after a “brief and sudden illness,” his office said in a statement. “On the evening of Saturday, July 11, U.S. Senator Lindsey Graham passed away from a brief and sudden illness,” the statement said. “Senator Graham’s family appreciates prayers at this time and asks for privacy during this incredibly difficult period.” 00:41 02:00 Read More Emergency Medical Services responded to Graham’s Capitol Hill address at 8:27 p.m. Saturday for someone with “chest pains,” ac...