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Taiwan's TSMC says net profit rose 60.3% in first quarter
Taiwan's TSMC says net profit rose 60.3% in first quarter
by  AFP

Taiwanese chipmaking titan TSMC reported Thursday a surge in net profit for the first quarter and forecast robust demand for artificial intelligence technology, despite the spectre of US tariffs on the critical sector.

Hermes to hike US prices to offset tariff impact
Hermes to hike US prices to offset tariff impact
by  AFP

French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump. Trump imposed a 10 percent tariff on imports from around the world this month, but he delayed higher duties on dozens of other countries, including a 20 percent levy for goods from the European Union. kap/jbo/lth/ach

Unease grows over Trump tariffs despite 'progress' in Japan trade talks
Unease grows over Trump tariffs despite 'progress' in Japan trade talks
by  AFP

Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and "volatility" while "progress" flagged by the US president in talks with Japan lifted markets slightly. He also noted the "volatility" in the markets at a "time of high uncertainty."

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