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Political uncertainty following the country's 2008 general election and the 2008 Permatang Pauh by-election, falling crude oil prices in the late-2000s, and the lack of intervention by the Central Bank of Malaysia to increase already low interest rates (which remained at 3.5% between April 2006 and November 2008) led to a slight fall of the ...
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.
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.
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 ...
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.
Overview. Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
Excluding autos and gas, retail sales declined by 0.1% last month; expectations had been for a 0.1% increase. Nonstore retailers, which includes online sales, led the declines, falling 1.2% from ...
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.
Smaug opened to a strong RM7,200,077, about a 34% increase over The Hobbit: An Unexpected Journey in 2012. On second weekend, Smaug dropped 60.1%, which was steeper than Journey 's 52.3% last year. However, it was still 28.1% ahead of its predecessor at the same time frame which grossed RM10,125,911.