Ringgit Falls Against US Dollar on Higher Demand for Greenback
Federal Reserve’s Hawkish Stance and US Government Shutdown Concerns Weigh on Ringgit The ringgit has fallen against the US dollar on higher demand for the greenback as US 10-year bond yields hit new highs. Analysts say the Federal Reserve’s hawkish stance and concerns over a possible US government shutdown are weighing on the ringgit. However, […]
Costco’s Cheap Fuel Prices Boost Sales and Earnings
Analysts Expect Strong Q4 Results Costco is preparing to report its quarterly results on Tuesday after the market closes, and many are looking to see how the wholesale retail giant’s cheap fuel prices have impacted consumers’ spending habits. With major economic challenges, such as rising gas prices, student loan repayments, and higher interest rates, putting […]