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TOKYO: Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.

SINGAPORE: Gold slipped 1 percent in volatile trade on Wednesday as the U.S. dollar regained strength on doubts over the progress of Europe's efforts to tackle the region's debt crisis, while this week's brutal correction also kept investors at bay.

TOKYO: Asian shares rose on Thursday, as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.

Karachi: All Pakistan Textile Mills Association (APTMA) has embraced the proposed Liquefied Natural Gas (LNG) Policy 2011 and appreciated the efforts of federal government for taking interest in bringing LNG into the system, said by APTMA Chairman Gohar Ejaz.

SINGAPORE: Gold headed for its biggest weekly gain in a month as equities regained strength after fresh efforts by Europe to resolve its debt crisis eased nagging worries about a global recession, while purchases from jewelers offered additional support.

JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.