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The manufacturer of optical and photonic components for AI reported a notable insider sale as shares have soared over the past year.
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WASHINGTON: Fresh US tariffs are due to take effect on a range of Canadian goods after midnight Tuesday, as Ottawa seeks a deal to avert President Donald Trump’s planned 50 per cent duties. Trump signed orders for the new wave of tariffs last month, with the White House alleging “discriminatory treatment” by the US neighbour against…
The peso slides as much as 0.3% to 61.995 per US dollar, weakening past the previous record low of 61.850 set in July.
HONG KONG: Technology stocks were back in the crosshairs of investors Wednesday, taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reopen the Strait of Hormuz.
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said during the Asian trading session on Wednesday that inflation is too high and the central bank needs to raise interest rates to bring price pressures down.
The company's struggling shares are launching back into orbit.
