Author: Press Room

BEIJING: Profits at China’s industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the impact of the Middle East war.The country’s export engine stuttered last month while retail sales and industrial output cooled, although producer prices emerged from a years-long deflationary stretch, a shift that analysts warn could leave companies boxed in by rising costs but limited pricing power as demand remains fragile.Profits at industrial firms rose 15.8 per cent in March from a year earlier, picking up from…

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We are selling 25 shares of Broadcom at roughly 418.57. Following the trade, Jim Cramer’s Charitable Trust will own 365 shares of AVGO, decreasing its weighting in the portfolio to roughly 4% from 4.30%. Semiconductor stocks are having another strong day in the market, thanks to Intel’s positive commentary about central processing unit (CPU) demand in the agentic AI era. The Philadelphia Stock Exchange Semiconductor Index, also known as the SOX, has gone completely parabolic, extending its rally to an 18th straight session. It’s climbed roughly 50% over that stretch. We’re not trying to chase the chip stocks after a…

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Ex-Tokyo Electron employee sentenced to 10 years, with four other defendants getting between 10 months and six years.Published On 27 Apr 202627 Apr 2026A court in Taiwan has fined the local unit of Japan’s Tokyo Electron $5m, and sentenced five defendants to jail terms of up to 10 years, in a high-profile trade secrets case involving chipmaker TSMC.The ruling follows one of Taiwan’s most prominent cases related to the island’s core technologies, involving the alleged theft of TSMC’s sensitive computer chip technology and charges under the National Security Act.Recommended Stories list of 4 itemsend of listIn August 2025, prosecutors indicted…

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Bitcoin is back within striking distance of the $80,000 mark, trading around $78,654 after touching an intraday high of $79,417.The figure marks a sharp rebound from the February low near $60,000 that left the market nursing one of this year’s steepest drawdowns.The move has revived bullish chatter just as the Bitcoin 2026 conference opens in Las Vegas at The Venetian from April 27-29.The event turns price recovery into a live test of whether the rally has more fuel or is simply running into an event-driven wall.Bitcoin near $80,000, but still fragileThe headline is the level, but the mood is more…

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NEWYou can now listen to Fox News articles! Patricia Heaton is calling on “her friends on the left” to tone down heated political rhetoric following the shooting at the White House Correspondents’ Association dinner.On Saturday, President Donald Trump, Vice President JD Vance, first lady Melania Trump and other top officials were evacuated from the Washington Hilton after shots were fired near the ballroom after a gunman exchanged fire with Secret Service agents in the lobby before being subdued and taken into custody.When shots were fired, hundreds of attendees ducked under tables or took cover inside the ballroom before being evacuated,…

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NEWYou can now listen to Fox News articles! The Boston Red Sox’s house cleaning, where manager Alex Cora and five others on the coaching staff were axed amid a poor start to the 2026 MLB season, has one veteran in the clubhouse ticked off.While it may not necessarily be about Cora’s firing in general, shortstop Trevor Story reportedly didn’t like the answer the organization gave when addressing the vast change with lots of season left.”Trevor Story said the Red Sox bosses’ explanation this morning was not sufficient and he intends to have more conversations with [general manager] Craig Breslow today,”…

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Aaron Cadman has always been in charge of his AFL destiny, but when the Greater Western Sydney rising star sustained a “weird” injury he suddenly felt out of control.The No.1 pick of the 2022 draft, Cadman missed the first few weeks of this season with a pelvic injury, as he looked to build on two seasons of consistent top-grade football.The 22-year-old had also inked a four-year contract extension with GWS, having booted 44 goals and posted 234 disposals in his best season to date last year.The forward returned in round five against Richmond but suffered another setback when he picked…

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KUALA LUMPUR: Jailed former Malaysian Prime Minister Najib Razak has withdrawn his appeal against a court ruling denying his request to serve the remainder of his sentence at home, local media The Edge reported on Monday (Apr 27), citing court documents.The law firm representing Najib, Shafee & Co, informed the Court of Appeal on Apr 3 that it was filing a “Notice for Discontinuance” on the appeal, according to the court documents seen by local news outlets.The document reportedly did not state the reason for withdrawal.Najib was found guilty of a string of graft offences in connection to his role in…

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