Is the current rave music hitting the club scene by DJ3LAU featuring MAX.
Well you might WANT MORE of Top Glove, especially after reading what it's boss have got to say :
For export-oriented businesses like Top Glove, a limp currency is seen as a “welcome bonus”, executive chairman Tan Sri Dr Lim Wee Chai said in an e-mailed reply to questions from Channel NewsAsia.
“About 95 per cent of our revenue is denominated in USD while most of our costs are in ringgit, hence a stronger USD or a weaker ringgit has generally always augured well for us in terms of revenue and margins,” he said.
Looks like Top Glove might soon be in for a re rating.
Well the US Federal Reserve meets on December 14 to decide if there is going to be an interest rate hike or not .The Guardian newspaper seems to suggest , that the meeting will do just THAT considering the state of the US economy. Read Below :
The final US jobs report of 2016 recorded 178,000 new jobs added, close to economists’ expectations of 180,000 for November. The unemployment rate dropped to 4.6% from 4.9% in October and was the lowest since August 2007, before the global financial crisis struck.
