| 13 January 2004 | Tuesday | 20 Ziqa'ad 1424 |
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Inflation shoots up during six months: Higher cash holding
KARACHI, Jan 12: Inflation measured by the Consumer Price Index shot up to 3.08 per cent year-on-year in the first half of this fiscal year against the full year target of 3.9 per cent. ... 
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Planners eye $13bn Newly-found markets to help boost exports
KARACHI, Jan 12: Pakistan's exports during the next six months appear well poised to exceed $12 billion mark mainly because of newly-found markets in Afghanistan ...
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Export target achievable: EPB chief
KARACHI, Jan 12: Pakistan has export potential and will achieve $12.1 billion exports target in the fiscal year 2003-04. It will be for fourth consecutive year in the country's exports growth - for the first time in last 50 years, when exports and imports went up and down. ...
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Saudi group plans to set up billet plant
KARACHI, Jan 12: The largest billet making Saudi company Al-Tuwairqi Group of Companies on Monday discussed possibilities for setting up a billet making plant in Pakistan with the officials of Pakistan Steel. ...
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Aptma team meets HBL president
KARACHI, Jan 12: All Pakistan Textile Mills Association (APTMA) on Monday called upon the Habib Bank to liberalize the financing enabling the textile industry to face post-quota world challenges. ...
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OGDCL book closure
KARACHI, Jan 12: The Karachi Stock Exchange appreciates the decision taken by Oil & Gas Development Company Limited (OGDCL) for extension in dates of book closure for entitlement of interim dividend, said Moin Fudda, says a press release. ...
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UBL, SSGC shares' sale soon
KARACHI, Jan 12: The government will shortly offer the shares of the United Bank, Sui Southern Gas Company, Pakistan Petroleum, and Kot Addu Power Plant for sale. ...
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Faletti's Hotel pre-bid moot held
ISLAMABAD, Jan 12: Privatization Commission held the first round of pre-bid conference for the prospective bidders for the sale of Faletti's Hotel, Lahore on "as is where is" basis here Monday under the chairmanship of Ahmad Waqar, secretary, Privatization Commission. ...
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US bid to relaunch world trade talks
WASHINGTON, Jan 12: The United States, detailing a surprise bid to relaunch stalled world trade talks, warned the European Union on Monday it must accept an end to farm export subsidies as the price of success. ...
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Oil prices rebound on US stock worries
LONDON, Jan 12: IPE Brent crude oil reversed mid-session losses on Monday, regaining positive ground as traders fretted over cold weather and US crude inventories. ...
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Ginners unload part of long positions
KARACHI, Jan 12: Cotton prices on Monday eased from the recent higher levels as some of the ginners unloaded in part their long unsold positions followed by bearish signals from international markets. ...
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Late selling restricts gain on stock market
KARACHI, Jan 12: The KSE 100-share index on Monday breached through the psychological barrier of 4,600 points for the second time in its trading history but failed to sustain it owing to late selling in some leading base shares. ...
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