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Oil slips on U.S. demand concerns, Europe debt woes - 0 views

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    SINGAPORE: Oil fell on Thursday as rising fuel stocks and falling demand in top consumer the United States reinforced fears that crumbling economic growth and Europe's debt crisis would dent energy use, while a stronger dollar pressured prices.
Halal Tamweel

ADB projected moderate economic growth - 0 views

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    KARACHI: The Asian Development Bank (ADB) has presented a modest economic growth forecast of 3.7 percent for Pakistan for FY12, lower than government's target of 4.5 percent.
Halal Tamweel

Brisk trading activities witness at Pakistan Cotton - 0 views

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    KARACHI: Pakistan cotton market observed brisk trading on Wednesday amid firm prices. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 on Wednesday while physical prices were recorded at Rs 7,600, dealers said.
Halal Tamweel

First Imrooz Modaraba declares its Closing Period - 0 views

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    KARACHI: First Imrooz Modaraba has declared the "Closed Period" from September 14, 2011 to September 21, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange on Thursday.
Halal Tamweel

Pakistan gold prices fell down - 0 views

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    KARACHI: Gold rates in Pakistan fell on Wednesday in major bullion markets of the cities with a decrease in international market.
Riffat Mughal

Barclays to focus on Islamic liquidity - 0 views

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    DUBAI: Barclays Capital will focus on growing its liquidity management and risk management businesses as the Islamic bond market continues to struggle because of global economic worries, its head of Islamic products said.
Halal Tamweel

Brent crude stays firm above $105 on eu's move - 0 views

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    SINGAPORE: Brent crude stayed firm above $105.50, boosted by Europe's move to shore up ailing banks and expectations that the U.S. economy may not be sliding into recession.
Halal Tamweel

NEPRA approves wind power tariffs - 0 views

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    ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.
Halal Tamweel

Pakistan cotton rates up - 0 views

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    KARACHI: Following footprints of New York (NY) cotton in the international market Pakistan cotton prices also moved upwards on Thursday.
Halal Tamweel

Asian stocks rise, euro steady on Europe bank moves - 0 views

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    SINGAPORE: Asian stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis.
Halal Tamweel

Range-bound trading likely at KMI - 0 views

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    KARACHI: Market is expected to remain range bound as the investors will adopt precautionary measures and prefer to be sideline ahead of monetary policy.
Riffat Mughal

Lotte eyes increase in import tariffs - 0 views

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    SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.
Riffat Mughal

Active trade at cotton market after policy rate slash - 0 views

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    KARACHI: Traders participated in active trading on Monday over the news that State Bank of Pakistan has reduced policy rate by 150 basis points to 12 percent.
Riffat Mughal

KMI: Market to continue rally - 0 views

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    KARACHI: Market would continue the rally today as investors' renewed buying interest could be witness in high dividend-yielding stocks.
Riffat Mughal

Brent stays near $109 on Europe optimism, Kuwait strike - 0 views

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    SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.
Riffat Mughal

Sept trade deficit narrows to $1.786bln - 0 views

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    KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.
Riffat Mughal

Pakistan gold prices up - 0 views

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    KARACHI: Pakistan gold rates up on Monday in major bullion markets of the cities with increase in international gold market.
Riffat Mughal

Greece loan talks advance as EU delays summit - 0 views

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    ATHENS/BERLIN: The European Union postponed a summit by a week on Monday to allow time for a broader solution to Greece's debt crisis, after Athens said it had concluded talks with international lenders on an aid payment needed to avert default.
Riffat Mughal

Brisk trading at cotton market - 0 views

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    KARACHI: Brisk trading witnessed at Karachi cotton market on Saturday while spot rate remained unchanged. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 6,250 while physical prices were above Rs 6,600 and Rs 6,700 per maund, dealers said.
Riffat Mughal

OGDC to restart operations in rain affected areas - 0 views

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    KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
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