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TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.

KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday.

KARACHI: Pakistan Petroleum Limited (PPL) confirmed here on Wednesday that it is interested to make an entry into an Exploration and Production business activities in Iran, according to the notice sent to the Karachi Stock Exchange (KSE).

SINGAPORE: Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone drove investors to seek safety in bullion.

KARACHI: The market is expected to remain range bound as the market is looking for positive triggers and concerns regarding the colossal damage to crops and infrastructure with diminished ability to seek foreign assistance poses questions about macroeconomic stability in months to come.

KUALA LUMPUR: Alkhair International Islamic Bank (M) Bhd is in discussion with Bank Negara to get approval to start talking with potential acquisition targets, which will allow Alkhair to tap into the ringgit business in the country.

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KARACHI: Oil and Gas Development Company Limited (OGDC), a public listed oil and gas exploration company, has showed interest to enter into joint venture with Iranian companies.