Word: benchmarking
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...dark record of targeting political agitators, most recently in 1992 when its forces massacred unarmed demonstrators in Bangkok. And the specter of another coup perennially hangs over a nation that has suffered multiple military takeovers over the past half-century. As evidence of the prevailing nervous mood, Thailand's benchmark stock index has plummeted nearly 25% since the PAD began its protest movement...
...world is purchased through private deals, given the massive undertaking of physically delivering millions of barrels. However, a series of private deals cannot establish a market price. Because pricing in the futures market is transparent, in that trade activity is publicly available, it establishes the widely accepted benchmark for the price of oil. In other words, the futures market serves as the price discovery mechanism for the oil the world consumes...
...months, however, doing nothing was not a realistic option. Policymakers must fight inflation now in hopes that they can get it under control quickly and promote growth again in the near future. Most central banks in Asia have started raising interest rates. The Reserve Bank of India increased its benchmark rate twice last month to a six-year high of 8.5%. Indonesia's central bank raised its rate for three consecutive months. Governments "have to keep expectations [about inflation] anchored," says Andrew Freris, senior investment strategist for Asia at BNP Paribas Private Banking in Hong Kong. "For the next...
...When a product amount drops below a benchmark like "1 pound" or "1 gallon" consumers often take note, according to Gourville. But after that, it's much easier for manufacturers to further whittle down amounts. It's all about taking away consumers' ability to compare apples to apples. The best way to compare food products if you're not sure if sizes have changed is to look at the "unit price," which breaks down the cost per ounce or per quart...
...differing lengths. While the GAO said electrical production was lagging, the Pentagon asserted that this was a function of escalating demand for power. Electrical output, it said, now tops what the country was generating before the invasion. The Pentagon also zinged the GAO for using, as an oil-production benchmark, the "arbitrary goal" of 3 million bbl. a day set by the U.S.-run occupation authority immediately following the invasion. More importantly, the Pentagon said, is that petroleum exports are at their highest level since the fall of Saddam Hussein's government...