Lifestyle
TSMC posts first profit growth in a year after global AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC) posted its first profit rise in a year, after strong artificial intelligence (AI) demand revived growth at the world’s biggest contract chipmaker.The main chipmaker...
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
CHINESE technology giant Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series on Thursday (Apr 18) that many analysts expect to contain an advanced...
Bank of Japan’s Noguchi says future rate hikes likely to be slow
BANK of Japan board member Asahi Noguchi said on Thursday that the pace of future rate hikes by the central bank will likely be far slower than the aggressive...
Even without war in the Gulf, pricier petrol is here to stay
WHEN Iran’s missiles whizzed towards Israel on Saturday night (Apr 13), oil markets were closed. When they opened on Monday, their reaction was a loud “meh”. Brent crude, the...
New Cadence supercomputers aim to speed creation of chips, software
CADENCE Design Systems on Wednesday (Apr 17) introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips...
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
THE following companies saw new developments that may affect trading of their securities on Thursday (Apr 18):
US economy growing at ‘modest’ pace in many regions: Federal Reserve
ECONOMIC activity in the United States continues to pick up steam, with “modest” growth seen in many parts of the country since late February, the Federal Reserve said on...
Federal Reserve will cut interest rates at some point, but no hurry, says Mester
CLEVELAND Federal Reserve Bank Loretta Mester on Wednesday said that she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs, but “we want...
