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TSMC leads chipmaker plunge as trade resumes after typhoon pause
TSMC leads chipmaker plunge as trade resumes after typhoon pause
by  AFP

Taiwanese giant TSMC tumbled with several other leading chip makers Friday as traders returned from a typhoon-imposed two-day break to play catch-up with a global tech rout. The rally in all things tech helped TSMC, which is also listed in New York, to briefly break the US$1 trillion market capitalisation barrier this month, putting it ahead of Tesla as the seventh most valuable technology firm.

Asian markets battle to recover from tech rout after US data
Asian markets battle to recover from tech rout after US data
by  AFP

Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut.

In swing state Pennsylvania, middle class struggles to get by
In swing state Pennsylvania, middle class struggles to get by
by  AFP

The giant steelworks that greets visitors to Allentown, Pennsylvania once symbolized the city's success as an industrial hub. - More visitors at food pantries - On Friday, all eyes will be on new inflation figures from the US government.

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