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Weak yen helps Toyota compensate for Japan problems
Toyota reported a modest rise in first-quarter net profits on Thursday as a weak yen and cost cuts helped the Japanese auto giant overcome a drop in production and sales in its home market. Toyota last year reported record bumper results, with net profit doubling to 4.94 trillion yen and revenues soaring by a fifth to 45.1 trillion yen, helped by strong sales of hybrid vehicles.
Police clash footage shocks Bangladesh as internet returns
When millions of Bangladeshis came back online this week after a nationwide internet shutdown, many were shocked to watch a ferocious police clampdown they had earlier only heard while bunkered in their homes.
Most stocks rise on Fed rate cut hope but strong yen batters Tokyo
Most equity markets rose Thursday after the Federal Reserve flagged a possible interest rate cut next month, but Tokyo's Nikkei tumbled on a stronger yen following a hike by the Bank of Japan. "We continue to expect that the Federal Reserve will cut rates in September and December, followed by four 25 basis point reductions in 2025," said JP Morgan Asset Management's Raisah Rasid.
Bank of England to finally cut interest rate?
The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will cut for the first time since the Covid pandemic after inflation's retreat. They add that its decision could depend on the BoE's latest forecast for British economic growth, which is due alongside Thursday's rate call.
Tracey Boakye chills with her kids at a waterpark in the US, peeps react
Tracey Boakye took to social media to share photos and videos of herself and her kids having fun at the water park during their vacation in the US.
Medikal cheers his daughter Island as she recites poem at her graduation, peeps react
Medikal and Fella Makafui's daughter Island received cheers from her father as she recited a poem on stage at a graduation ceremony at Yvonne Nelson's school.
Cyber Security Authority issues public alert about spike in online sextortion cases
Ghana’s Cyber Security Authority (CSA) has issued a public alert concerning a rise in online blackmail and sextortion incidents in the country resulting in 226 cases
Suspected thief storms house, steals coal pot and water tap, CCTV captures him
A Ghanaian man has shared a video of a suspected thief who broke into his house to steal a coal pot and a tap. Netizens who saw the post were taken aback.
Venezuela's Maduro, Elon Musk battle it out online
Venezuelan President Nicolas Maduro, whose claim to victory at the polls has been widely contested, is no friend of billionaire Elon Musk, and the feeling is clearly mutual, with their war of words escalating amid the political crisis in Caracas. Later on, the billionaire added: "Sorry to have compared the poor ass to Maduro.
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