SINGAPORE (ICIS)--Indonesia's economy is expected to slow down this year
but in the long term, its growing middle-class population, as well as
efforts by its new government to boost growth, is expected to bolster
the country’s demand for petrochemicals, especially polyolefins, an
economist said on Wednesday. SEE MORE President Barack Obama pledged deeper U.S. cuts in greenhouse-gas
emissions and China will for the first time set a target for capping
carbon emissions under an agreement between the world’s two biggest
economies.
SEE MORE HA NOI (VNS) — The Ministry of Finance is proposing the cutting of
the export duty on gold jewellery from 25 to 30 per cent to 0 to 2 per
cent. SEE MORE Gold held above the lowest level in more than four years on speculation
the price decline spurred physical purchases even as investment demand
waned. SEE MORE West Texas Intermediate fell for a second day as forecasts for a sixth
weekly gain in U.S. crude stockpiles bolstered speculation that rising
supply is outpacing demand. Brent slid in London. SEE MORE
