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| November 9, 2002 | Saturday | Ramazan 3,1423 |
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US reluctant to grant any concession: Textile, apparel
KARACHI, Nov 8: US Commerce Department has denied any understanding has been reached with Pakistan over textile duty and quota breaks during last week’s visit of US Under Secretary of State... 
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Margin financing to replace COT
ISLAMABAD, Nov 8: The Consultative Group on Capital Markets has recommended the gradual phasing out of carryover trade (COT) financing and its replacement with margin financing and the futures markets over...
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Uncertainty impacts on govt efficiency
KARACHI, Nov 8: The initial signs that government secretariat is losing its momentum in decision-making process have surfaced and it is explained by apparent deadlock in parliamentary politics, sources here said....
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Iraq fears stalk US economy
WASHINGTON, Nov 8: Fears of a war on Iraq may already be reining in the US economy by delaying business investment plans and stepping up risk premiums on stocks and corporate...
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Rs124.8bn revenue target achieved: July-Oct
ISLAMABAD, Nov 8: The Central Board of Revenue has claimed to have achieved the revenue target of Rs124.8 billion set for the first four months (July-October) of the current financial year,...
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Remittances keep credit demand low
KARACHI, Nov 8: They call it internal fund management and take pride in the fact that it has reduced their appetite for bank credit. But for many it is just a...
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Shifa International Hospitals
KARACHI, Nov 8: A project, predominantly, of the expatriate Pakistani doctors, Shifa International Hospitals is not exactly a cash cow. Except possibly for the last three years, the hospital has been...
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Retail price on imported goods
ISLAMABAD, Nov 8: The Ministry of Commerce has notified that the condition of printing of retail price on imported goods will be effective from January 1, 2003....
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Malaysia buys Pakistani, Indian wheat
SINGAPORE, Nov 8: Malaysia has signed a deal to import 30,000 tons of Indian wheat for December shipment and more contracts are likely to be finalized soon, regional traders said on...
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Stocks finish weekend session with fractional decline
KARACHI, Nov 8: Stocks on Friday turned lower as investors took profits at the inflated levels in the absence of strong demand from the genuine investors and the institutional traders....
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Japan farm subsidies distort trade: WTO report
GENEVA, Nov 8: Japan’s extensive subsidies for its farmers and high tariffs on agricultural imports distort trade and push up food prices in that country’s shops, a World Trade Organisation (WTO)...
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Global investment fund assets fall
LONDON, Nov 8: Total investment fund assets worldwide dropped at the end of this year’s second quarter as stock markets remained weak, although assets held in bond and money market funds...
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Clarification
ISLAMABAD, Nov 8: The Polypropylene Products Limited has clarified a new items that appeared in Dawn saying that the ‘firm faces legal action’....
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MobilCom
FRANKFURT, Nov 8: France Telecom has agreed to take on the seven billion euros in debt held by its German mobile phone affiliate MobilCom, the mediator in charge of MobilCom’s rescue...
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Global distrust in big business
GENEVA, Nov 8: Big business ranks as the least-trusted institution in the world alongside national parliaments, according to an international public opinion poll released by the World Economic Forum on Friday....
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ABAD flays KESC charges
KARACHI, Nov 8: Association of Builders and Developers (ABAD), in collaboration with and trade and industrial associations, intend to form an action committee to resolve some pressing issues with Karachi Electric...
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TCP cotton sales
KARACHI, Nov 8: The Price Evaluation Committee of Trading Corporation of Pakistan (TCP) on Friday sold 19,500 bales of cotton to local companies....
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Brisk trading on cotton market
KARACHI, Nov 8: Active trading was witnessed on the cotton market on Friday as spinners and mills were not inclined to sit on the sidelines followed by predictions of further increase...
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Malaysian palm oil prices weaker
KUALA LUMPUR, Nov 8: Malaysian crude palm oil market lost ground in late trade on Friday, bowing to pressure from declines in soy futures and profit taking ahead of the release...
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BHP Billiton sees 36pc output hike
PERTH, Nov 8: BHP Billiton Ltd on Friday predicted it would boost its petroleum production by 38 per cent over the next five years as it brings new projects on-stream from...
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