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In 2006, Bursa Malaysia partnered with FTSE to provide a suite of indices for the Malaysian market, to enhance the KLCI. FTSE Bursa Malaysia KLCI was one of the indices created to replace the KLCI. The new index was adopted on 6 July 2009, with the opening value taken from the closing value of the old KLCI on 3 July 2009.
Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
The increase in oil prices caused export revenues from shipping to drop by 25% within a few years. Sweden at this time had the world's second largest ship building industry (after Japan), and the spillover effects devastated shipbuilders (Swedish shipbuilders lost some 3 billion SEK in 1974), which in turn led to problems in Sweden's steel ...
May 28, 2024 at 9:52 AM. Stocks closed last week with mixed results as debate about when, or if, the Federal Reserve will cut interest rates continued to be top of mind for investors. For the week ...
Malaysia's central bank kept its key interest rate at 3.25 percent on Thursday, as expected, while eyeing a slowdown in economic growth and planned public spending cuts by the new government.
MISC Berhad ( MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
The G7 price cap on Russian crude oil, imposed in December 2022, aims to reduce Russia's revenues available for its war in Ukraine by allowing Western-supplied insurance and other services only on ...
The freight derivatives market for dry cargo vessels saw a big increase in traded volumes in 2021. Dry forward freight agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in the dry market hit an all-time high of 409,255, up 25% on the previous year.
The 2020–2023 global chip shortage was a worldwide chip shortage affecting more than 169 industries. [1] The crisis led to major price increases, long queues, and reselling among consumers and manufacturers for automobiles, graphics cards, video game consoles, computers, household appliances, and other consumer electronics that require ...
Online advertisers may see as much as a 78% price increase in paid-search rates once the search alliance between Yahoo (YHOO) and Microsoft (MSFT) is wrapped up, according to a report released ...