November 4, 2005	Friday	Shawwal 1, 1426

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Rs20-25bn withdrawn in Ramazan: Shopping, donations KARACHI, Nov 3: Despite lack of enthusiasm this year for Eid shopping in the wake of disastrous earthquake in the country, the trend of withdrawal of cash from banks was high in the last 15 days before this Muslim festival....		Moscow urged to build oil pipeline to China BEIJING, Nov 3: Chinese Premier Wen Jiabao on Thursday urged his visiting Russian counterpart to work toward an early agreement on an oil pipeline from Russian oil fields in Siberia to China....
63pc classified as ‘transitory poor’ KARACHI, Nov 3: As many as 63 per cent of poor in Pakistan have been interestingly classified as ‘transitory poor’ by a study conducted by the Centre for Research on Poverty and Income Distribution (CRPID)....		WB asks China to look for new growth model BEIJING, Nov 3: The World Bank said on Thursday China’s economy is likely to remain strong next year but warned it is time to look for new growth models that will let more people get a fair share of the pie....
Furniture, gold spot sales drop KARACHI, Nov 3: As the Eid shopping gained momentum in the last one week after hitting rock bottom due to pervading gloom triggered by heavy quake casualties, almost the same trend...		Oil prices rise on cold snap concerns LONDON, Nov 3: World oil prices rose on Thursday, climbing above $60 in New York on concern about a potential northern hemisphere cold snap despite current warm weather in the United States and Europe, analysts said....
Asian stocks mostly higher in limited trade HONG KONG, Nov 3: Asian stocks followed Wall Street’s lead and closed mostly higher on Thursday in limited trade with five of the region’s markets closed for public holidays, dealers said....		ECB holds interest rates steady FRANKFURT, Nov 3: The European Central Bank held its key interest rates steady as expected on Thursday, but could be preparing to raise them soon in view of growing inflationary dangers in the single currency area....
US takes Turkey to WTO in rice trade row WASHINGTON, Nov 3: The US government on Wednesday took action against Turkey at the World Trade Organization in a row over Turkish restrictions on rice imports....		4-day closure of banks to hit exports KARACHI: Site Association of Industry Chairman Mirza Ikhtiar Baig said on Thursday exporters might suffer losses in terms of expiry of letters of credits (LCs) because of a four-day closure of banks as export orders could not be executed....