Laser Photonics shares rise following new orders
Investing.com — Shares of Laser Photonics Corporation (NASDAQ: LASE) climbed 3% after the company’s subsidiary, Control Micro Systems (CMS), announced receiving follow-on orders from clients in the pharmaceutical and electronics manufacturing sectors. The orders, which include a UV Laser Drilling System
Brazil’s inflation slows less than expected; central bank likely to raise rates
Investing.com — Brazil’s annual inflation rate in early January decelerated less than economists had anticipated, according to official data released on Friday. This development strengthens the probability of the central bank increasing interest rates by 100 basis points in the
UBS sees CNY at risk amid US-China trade policy uncertainty
On Friday, UBS expressed concerns over the potential volatility of the Chinese Yuan (CNY), citing ongoing uncertainties surrounding US-China trade policies. Despite President Donald Trump’s administration not implementing the highly anticipated aggressive trade tariffs on day one, the rhetoric of
EM portfolios add $274 billion of foreign inflows in 2024, IIF says
By Rodrigo Campos NEW YORK (Reuters) – Foreign investors added $273.5 billion to their emerging market equity and debt portfolios last year, nearly $100 billion more than in 2023, according to a bank trade group’s preliminary data published on Friday. The $273.5
Brazil central bank to raise rates another 100bps in January: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by