On the downside, dsm, the dutch Chemicals Group misses full year targets. The ceo sounding cautious on emerging markets. Europe is more or less flat. United states has some modest growth. And emerging economy growth is slowing down somewhat. So lets be realistic. The picture even worst for alston. The power giant cut its target on weak utilities demand. Plus, the pboc dumped billions of dollars worth of cash into the Financial System bringing down money market rates and easing money market fears ahead of the Lunar New Year holiday. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and warm welcome to the program. We kick off with the latest iea forecast with global demand. Theyve slightly raised the estimate of Global Oil Demand, unexpectedly strong u. S. Deliveries, partly offset by china and elsewhere. For 2013, as a whole, growth estimated at around 1. 2 Million Barrels a day accelerating to 1. 3 Million Barrels a day in 2014 as the
The flow of foreign capital invested in real estate in the first four months of the year has been impressive, but the domestic market has not yet fully recovered.
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