Josephs, thank you very much. - middle east at the moment. jonathan josephs, thank you very much. a - josephs, thank you very much. a quick look at some other news making the headlines now. the former deputy governor of china s central bank has been charged with illegally accepting more than $50m of property either directly or via his relatives. according to state media, fan yifei has appeared in court and a verdict is set to be announced at a later date. he s one of the highest ranking officials at the bank to be caught up in president xi s anti corruption drive. the world s biggest computer chipmaker tsmc says demand for chips to power artiifcal intellgegence is insatiable . the taiwanese company is planning to spend as much as $32bn on new factories as it tries to meet that demand. profits for the first three months of this year rose 9% to almost $7bn as customers including apple and nvidia drove demand for its chips.
Vision Investments, which is in the process of buying troubled sugar maker Tongaat Hulett, has opened a fraud case against losing bidder RGS of having submitted a forged bank letter claiming it had R2bn to buy the company.