TSMC profit surges 61% to record high fueled by AI chip demand

TSMC profit surges 61% to record high fueled by AI chip demand

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting…

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Bitcoin sets new record amid global uncertainty

Bitcoin sets new record amid global uncertainty

Bitcoin hits $118 000 in fresh high. Bitcoin surged to a new all-time high on Friday morning, trading at over $118 000 per unit (or more than R2 million), as geopolitical tensions and shifting investor sentiment saw capital flowing into alternative assets. Christo de Wit, Luno country manager, says the price has been bolstered by…

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Bitcoin pushes higher into record territory

Bitcoin pushes higher into record territory

Bitcoin climbed to an all-time high near US$112 000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world’s largest cryptocurrency. It touched a record peak of $111 988.90 and was last up 0.4% at $111 259. Since the beginning of the year, bitcoin has advanced more…

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Aviation chief defends safety record

Aviation chief defends safety record

Just how safe are India’s skies? It’s a question many are asking after June’s devastating Air India crash, which killed at least 270 people. The London-bound Boeing 787-8 Dreamliner went down less than a minute after taking off from Ahmedabad airport in western India on 12 June. “India’s skies have always been safe – in…

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Spain and Portugal record hottest June ever

Spain and Portugal record hottest June ever

Thomas Mackintosh BBC News Getty Images A woman fans herself during the June heatwave in Madrid Both Portugal and Spain recorded their hottest June ever as scorching temperatures continue to grip Europe. Spain’s national weather service Aemet said the country’s “extremely hot” June 2025 “has pulverised records”, surpassing the normal average for July and August….

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Record attendance expected at Budapest Pride march despite Orban warning | European Union News

Record attendance expected at Budapest Pride march despite Orban warning | European Union News

Thousands to march in Hungary’s capital despite government ban, highlighting EU-wide resistance against anti-LGBTQ laws. A record number of people are expected to attend a Pride march in the Hungarian capital, Budapest, defying a ban that marks an unprecedented regression of LGBTQ rights in the European Union. The event on Saturday comes after Prime Minister…

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DOJ seizes record 5 million in crypto tied to scams

DOJ seizes record $225 million in crypto tied to scams

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in…

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