China entered mass production of homegrown DUV lithography machines, sending ASML shares down 7% and testing Western export-control strategy.
Posted inMarkets
Coca-Cola Raises Full-Year Guidance After FIFA World Cup Lifts Q2 Volume
Coca-Cola beat Q2 estimates July 28 as FIFA World Cup demand drove 5% unit volume growth — its best in 17 years — prompting a raise in full-year guidance.
Posted inEconomy
US Consumer Confidence Falls a Third Month to 90.8 as Job Sentiment Cools
The Conference Board’s consumer confidence index fell to 90.8 in July, a third straight monthly drop, as job optimism hit its lowest point since 2021.
Posted inGeopolitics
Iran Fires Ballistic Missiles at US Forces as Ceasefire Window Closes
Iran’s Revolutionary Guard fired ballistic missiles toward U.S. forces on July 28, hours after Trump announced a pause, with CENTCOM intercepting all of them.
Posted inWorld
France’s Gironde Wildfire Burns 42,000 Hectares in Worst Outbreak Since 1945
Southwest France’s Gironde wildfire burned over 42,000 hectares by July 27, displacing 250,000 people in the worst French blaze since the Second World War.
Posted inTech
South Korea Closes $950 Billion in AI Deals at San Francisco Summit
South Korean companies struck $950 billion in semiconductor and AI deals with Nvidia, Anthropic and Broadcom at a San Francisco summit hosted by President Lee Jae-myung on July 24.
Posted inMarkets
Chip Stocks Slide as AI Capex Fears Grip Markets Ahead of FOMC
Semiconductor shares led Monday’s market decline, with Nvidia down 5%, AMD off 5.2%, and Sandisk shedding 11% on fears that circular AI financing could unravel if hyperscalers scale back data-centre spending.
Posted inEconomy
Bank of Japan Holds at 1% and Upgrades Growth Forecast as Yen Slides to 40-Year Low
Japan’s central bank held its policy rate at 1% on July 27, upgraded its GDP forecast to 0.8% for fiscal 2026, and signalled further tightening ahead as the yen neared a 40-year low.
Posted inGeopolitics
Israel and Lebanon Move Peace Talks to Rome as IDF Completes First Withdrawal
Israeli and Lebanese technical teams will meet in Rome from August 4 to 6 to expand a southern Lebanon pilot zone after the IDF completed its first troop withdrawal last week.
Posted inWorld
ICC Removes Chief Prosecutor Karim Khan After Historic Misconduct Vote
The ICC’s 125-member Assembly of States Parties voted July 24 to remove prosecutor Karim Khan, the first time the court has ever ousted its chief prosecutor.