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April 24, 2017

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A steam train clocked 100 miles (161 kilometers) per hour on Britain's mainline railway network for the first time in almost 50 years on Wednesday.
 
South Korea's central bank on Thursday raised its growth forecast for this year but warned the pace of recovery could be affected by rising protectionism.
 
A group of Tesla shareholders has urged the electric-car maker to recruit two independent directors to add to the company's board to limit the influence of co-founder and chief executive Elon Musk.
 
The growing temptation to resort to protectionism and uncertainty in Europe linked to the French elections pose "risks" to the global economy, International Monetary Fund (IMF) chief Christine Lagarde said Wednesday.
 
U.S. mobile chip giant Qualcomm is to refund BlackBerry US$814.9 million in royalties overpaid by the Canadian company, according to a tentative arbitration award announced on Wednesday.
 
PX Mart in hot water after boss slams 'spendthrift' youth
Supermarket chain PX Mart is under attack after its president, Hsu Chung-jen (徐重仁), called young people spendthrift during a press conference promoting his book on Tuesday.
 
A robotic leg brace to help paralyzed people walk
Toyota is introducing a wearable robotic leg brace designed to help partially paralyzed people walk.
 > Japan
 
TSMC records 12% quarterly drop in Q1 net profit
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, on Thursday reported a quarterly drop of more than 12 percent in its first-quarter profits, citing the slow season effects.
 > Taiwan
 
Hon Hai reportedly one of four bidders for Toshiba IC assets
Taiwan-based manufacturing giant Hon Hai Precision Industry Co. (鴻海) has become one of four bidders eyeing Toshiba Corp.'s memory chip assets after the financially troubled Japanese firm narrowed down the potential buyer list, Japan's Yomiuri Shimbun newspaper reported Thursday.
 > Taiwan
 
The government hasn't given up on persuading Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) to build its next plant in Taiwan, with the state water supplier promising that a stable supply wouldn't be a problem.
 
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