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Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology. CFO Wendell Huang also said during an earnings call Thursday that TSMC expects its second-quarter revenues to increase by 27.6 percent.
Grammy-nominated Nigerian musician Davido surprised his fans with a special performance with Ghanaian dancehall musician Stonebwoy. Peeps reacted to the video.
Ghanaian boxing legend Azumah Nelson shared the secret to his successful career, which earned him ratings by many as the greatest African boxer of all time.
Social media platform X said Thursday it would work with Pakistan's government "to understand its concerns" after authorities insisted an ongoing two-month ban was based on security grounds. "We continue to work with the Pakistani Government to understand their concerns," X's Global Government Affairs team posted, in their first comments since the site was disrupted.
A doting boyfriend surprised his sweetheart with a romantic marriage proposal and a lavish car gift. The heartwarming moment left her overwhelmed with emotions.
The heavy debt weighing on developing countries can be alleviated through readily available measures, the UN's trade and development chief said, pleading for bold international action. There have been numerous efforts over the decades to resolve debt problems weighing on poor countries, but Grynspan said they have been so slow and complicated that they often act as a "deterrent".
The European Union's economy is falling further behind China and the United States, a major headache that will dominate leaders' talks on Thursday as they discuss how to stem the bloc's economic decline and bounce back. The EU has been put further on the back foot as China and the United States have ploughed billions of dollars of state aid to prop up their critical industries.
Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations. The Financial Times reported earlier this month that Tesla would send a team to scout locations in at least three states for a factory.
Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. Comments from Fed officials reinforced the view that sticky inflation and a resilient US economy will keep the bank from easing monetary policy anytime soon.
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