23 July 2012 10:53 [Source: ICIS news]
SINGAPORE (ICIS)--Asian petrochemical shares closed sharply lower on Monday as crude futures slumped by more than $3/bbl on concerns that ?xml:namespace>
The euro took a beating, falling to multi-year lows against major currencies like the US dollar and the Japanese yen, following news that two regions in
In Thailand, PTT Global Chemical was down 4.12% and Siam Cement fell 1.85% and Integrated Refinery and Petrochemical Complex (IRPC) was down 3.70%, as the SET index was down 23.65 points or 1.96% to close at 1,184.90.
Export ties make
Over the weekend, the eurozone decided to grant financial assistance of up to €100bn to
Meanwhile, the country faces difficulty on reining in the budget deficit, with two of its regions seeking bailout from the central government.
“Trimming the budget won’t be easy [for
($1 = €0.83)
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