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Brent stays above $110, boosted by Mideast tensions, Europe bailout - 0 views

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Brent stays above $110 boosted by Mideast tensions Europe bailout

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.</div>

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Asian shares fall on caution over euro zone bailout progress - 0 views

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Asian shares fall on caution over euro zone bailout progress

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

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.

<div class="cArrow"> </div><div class="cContentInner">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.</div>

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Dubai Islamic eyes bond sale for unit Tamweel - 0 views

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Dubai Islamic eyes bond sale for unit Tamweel

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.

<div class="cArrow"> </div><div class="cContentInner">DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.</div>

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Commuters suffer due to CNG closure - 0 views

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Commuters suffer due to CNG closure

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

KARACHI: Commuters in Sindh region suffered on Wednesday morning due to CNG stations closure as the supply was halted from 11 pm from Tuesday night.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Commuters in Sindh region suffered on Wednesday morning due to CNG stations closure as the supply was halted from 11 pm from Tuesday night.</div>

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Moderate session witnessed at cotton market - 0 views

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Moderate session witnessed at cotton market

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

KARACHI: Pakistan cotton prices moved upward on Tuesday and moderate trading session was witnessed.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan cotton prices moved upward on Tuesday and moderate trading session was witnessed. </div>

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Rupee slide continues for third day, records at 88.45 to dlr - 0 views

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Rupee slide continues for third day records at 88.45 to dlr

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

KARACHI: The Pakistani rupee's slide continued for a third day on Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to the dollar.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The Pakistani rupee's slide continued for a third day on Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to the dollar.</div>

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India's economy at its weakest pace; posts GDP of 6.9pct during July-Sept - 0 views

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India's economy at its weakest pace; posts GDP of 6.9pct during July-Sept

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

NEW DELHI: India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.

<div class="cArrow"> </div><div class="cContentInner">NEW DELHI: India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.</div>

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China cotton importers reduce bookings, await quotas -report - 0 views

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China cotton importers reduce bookings await quotas -report

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

BEIJING: Chinese cotton importers are refraining from booking shipments before April because of uncertainty over the timing and volume of sliding-tariff quotas for 2012, according to a report on an industry web site on Wednesday.

<div class="cArrow"> </div><div class="cContentInner">BEIJING: Chinese cotton importers are refraining from booking shipments before April because of uncertainty over the timing and volume of sliding-tariff quotas for 2012, according to a report on an industry web site on Wednesday.</div>

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APTMA condemns NATO attack - 0 views

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APTMA condemns NATO attack

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

PESHAWAR: Chairman, All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has expressed his deep sense of sorrow on the loss of precious lives of the defenders of the borders of Pakistan in the NATO attack.

<div class="cArrow"> </div><div class="cContentInner">PESHAWAR: Chairman, All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has expressed his deep sense of sorrow on the loss of precious lives of the defenders of the borders of Pakistan in the NATO attack.</div>

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No further extension of date for filing IT, ST returns: FBR - 0 views

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No further extension of date for filing IT ST returns: FBR

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

ISLAMABAD: The Tax Reform Core Group, in its two-day meeting with the Federal Board of Revenue officials concluded here today, has expressed its extreme reservation over frequent extensions being granted by the Board in filing of Income Tax (IT) and Sales Tax (ST) returns.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: The Tax Reform Core Group, in its two-day meeting with the Federal Board of Revenue officials concluded here today, has expressed its extreme reservation over frequent extensions being granted by the Board in filing of Income Tax (IT) and Sales Tax (ST) returns.</div>

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U.S. wheat drops 0.7 pct; euro zone worries weigh - 0 views

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U.S. wheat drops 0.7 pct; euro zone worries weigh

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

SINGAPORE: U.S. wheat slid on Wednesday amid a broad-based weakness in the commodity markets following a near 4 percent rally in the last session, its biggest one-day gain in more than a month.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: U.S. wheat slid on Wednesday amid a broad-based weakness in the commodity markets following a near 4 percent rally in the last session, its biggest one-day gain in more than a month.</div>

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MFN: Dark side of the picture also exists - 0 views

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MFN: Dark side of the picture also exists

shared by Riffat Mughal on 21 Nov 11 - No Cached

Riffat Mughal on 21 Nov 11

KARACHI: Businessmen both across the border welcomed Pakistan's decision to grant India Most Favored Nation (MFN) status which would definitely work well. But at the same time what are the chances that it would really work in highly political environment between arch rivals?

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Businessmen both across the border welcomed Pakistan's decision to grant India Most Favored Nation (MFN) status which would definitely work well. But at the same time what are the chances that it would really work in highly political environment between arch rivals?</div>

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