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| November 13, 2001 | Tuesday | Shaba’an 26, 1422 |
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Import of textile machinery on rise
KARACHI, Nov 12: Investors are active in textile, construction and mining sectors as amply indicated by the official trade figures of last four months. These figures show that the import of... 
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Stocks, dollar slump after US plane crash
LONDON, Nov 12: Stock markets slumped and the dollar tumbled on Monday as news of a plane crash in New York sparked fears of a new wave of terrorist attacks....
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CBR revamping under way: World Bank told
ISLAMABAD, Nov 12: The Central Board of Revenue (CBR) told the World Bank here on Monday that the restructuring of the organization was being curried out rapidly with the aim to...
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Small savers out to sell $ in kerb
KARACHI, Nov 12: The persistent fall of the dollar in the open market has not only forced currency speculators to sell dollars: it has also led the individuals i.e. the small...
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Essential item prices for Ramazan fixed
KARACHI, Nov 12: Wholesalers and the city government have fixed higher prices of essential items for Ramazan as compared to previous holy month, in which gram and its related products and...
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Fischer takes Europe’s fiscal policy to task
WASHINGTON, Nov 12: Europe should be more flexible in its fiscal policy to help stimulate economic growth there at a time when the global economy is slowing, the International Monetary Fund’s...
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US aid package fails to enthuse investors
KARACHI, Nov 12: The US aid package of $1bn seems to have failed to enthuse investors as they hastened to take profits at the early rise before institutional traders indulged in...
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ICP declares cash dividends
KARACHI, Nov 12: Investment Corporation of Pakistan (ICP) on Monday declared cash dividends on all but two of the 26 closed- end Mutual Funds under its management. The Board, which met...
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New WTO member China to pressure commodity markets
LONDON, Nov 12: China, which has completed a 15-year quest to join the World Trade Organization, is set to be an unpredictable influence on Europe’s commodity markets, maintaining its “wild card”...
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Dollar inches up against major currencies
TOKYO, Nov 12: The dollar edged upward against major currencies on Monday in sluggish trading amid a dearth of fresh leads, dealers said....
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Long-term credit to banks stressed
FAISALABAD, Nov 12: Kalim-ur-Rehman, President, Askari Commercial Bank Limited, has stressed upon the need of long-term credit to the commercial banks for reinvestment in long gestation industrial projects for ultimate revival...
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‘EU to stand firm on farm subsidies’
DOHA, Nov 12: The European Union is holding fast to its rejection of any WTO agreement that calls for an end to agricultural export subsidies, French Trade Minister Francois Huwart said...
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Amended WTO trade text readied
DOHA, Nov 12: The head of the WTO general council is later on Monday to present an amended draft declaration to WTO ministers who are meeting here to forge an agenda...
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JAL to merge with JAS next year
TOKYO, Nov 12: Asia’s biggest carrier Japan Airlines Co. Ltd. (JAL) and domestic rival Japan Air System Co. Ltd. said Monday they will merge next year in a bid to boost...
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NWFP farmers unwilling to file farm IT returns
PESHAWAR Nov 12: The NWFP government drive for agriculture income tax returns has turned out to be a poor show, as landed gentry of the province is unwilling to file returns,...
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Prices ease on cotton market
KARACHI, Nov 12: Cotton market on Monday eased from the recent highs as spinners were not inclined to chase prices beyond their export parity levels but ginners were out to unload...
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No fund for cane research
KARACHI, Nov 12: No fund has been provided for research and development of sugarcane despite repeated assurances by the federal government to allocate 15 per cent of the total sugarcane cess...
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Grindlays Modaraba announces dividend
KARACHI, Nov 12: First Grindlays Modaraba, member of Standard Chartered Group in Pakistan, recently held its Second Review Meeting for 2001 for its certificate holders, a press statement by the Modaraba...
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Kenya tea prices mixed
MOMBASA, Nov 12: Kenya tea prices were irregular on Monday, with selected lines weighed down by slack demand due a global oversupply of tea, but other plainer sorts having good demand...
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Moore sees differences at WTO talks
DOHA, Nov 12: Major differences must be overcome if trade ministers are to agree on the agenda for a new round of market liberalization talks, Mike Moore, the director-general of the...
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