TSMC beats profit and revenue expectations in the fourth quarter
The world’s largest contract chipmaker TSMC on Thursday posted better-than-expected profit and revenue for the fourth quarter of 2023.
Pakistan launches strikes inside Iran against militant targets
Iranian media said several missiles hit a village in the Sistan-Baluchistan province that borders Pakistan, killing three women and four children, all non-Iranians.
Google CEO says more job cuts are needed in 2024 in order to reach ‘ambitious goals’
Google CEO Sundar Pichai told employees in a memo Wednesday that more job cuts are coming this year
China could face more chip restrictions in 2024, analysts say
China could face more semiconductor export curbs from the likes of the U.S. and the Netherlands to contain the Asian powerhouse’s chip tech, analysts say.
U.S. in new strikes against Houthi targets in Yemen
The U.S. military conducted strikes on 14 Houthi missiles that were loaded to be fired from Yemen, presenting an imminent threat to vessels and U.S. Navy ships.
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature
Apple will be able to continue importing and selling Apple Watches as it battles with Masimo in court
Singapore transport minister S Iswaran resigns; faces charges of corruption
Singapore’s transport minister S Iswaran has resigned after he was formally informed of charges, including that of corruption.
Half of Japan firms look at restructuring to boost performance
Around half of Japanese firms are reviewing or restructuring their businesses to boost corporate value amid a push for companies to improve governance.
Hong Kong stocks rebound, China shares languish near 5-year lows
Data on Wednesday showed China’s economy expanded by 5.2% in the fourth quarter of 2023, missing Reuters poll estimates of 5.3% growth.
Dow closes 200 points higher Thursday to shake off 3-day slump as Apple shares pop: Live updates
The Nasdaq Composite rose Thursday and turned positive for the year, boosted by tech gains.
