January 7, 2006	Saturday	Zilhaj 6, 1426

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Continuous gas supply to power plants ordered: Textile units ISLAMABAD, Jan 6: Prime Minister Shaukat Aziz has allowed uninterrupted gas supply to 118 textile factories, which were closed down recently after suspension of supply by the SNGPL owing to shortage of gas in the winter season....		SBP gets access to database of banks KARACHI, Jan 6: The State Bank for the first time in the banking history got an access to all database of banks that enabled the central bank to have an in-depth...
Rs153m budget approved: Expo Pakistan 2006 KARACHI, Jan 6: The first meeting of the steering committee of Expo Pakistan 2006, presided over by Minister for Commerce Humayun Akhtar Khan, on Friday approved a break-even budget of Rs153...		India for steps to protect IPRs NEW DELHI, Jan 6: Indian Prime Minister Manmohan Singh on Friday said that the country must take steps to protect the intellectual property of weavers, artisans and designers....
Stocks fail to sustain gain above 9,900-level KARACHI, Jan 6: Stocks on Friday suffered a mild reaction on weekend selling on the blue chips counters but underlying sentiment remained uppishly inclined owing to fresh heavy buying in bank shares....		Cotton market wears deserted look KARACHI, Jan 6: Trading activity on the cotton market failed to pick up as spinners and mills kept to the sidelines most of the time partly to higher asking prices by ginners and partly to delivery problems....
Majority stake to change hands: Japan Power KARACHI, Jan 6: Japan Power Generation Limited -— a stock market listed company -— is a target of acquisition of its majority shareholding....		Sindh farmers grow aromatic rice variety KARACHI, Jan 6: The Union of Small and Medium Enterprises (Unisame) felicitated the growers and millers of Sindh, particularly of Bagharjee area, near Sukkur, for successfully growing and milling aromatic varieties of rice, which have now achieved international recognition....
Early resolution of issues directed: PS pre-bid moot ISLAMABAD, Jan 6: Minister for Privatization and Investment Dr Abdul Hafeez Shaikh has directed the Inter-Ministerial Committee to ensure the early resolution of all the issues before the holding of pre-bid...		Chinese oil firms keen to invest in Pakistan BEIJING, Jan 6: Two major oil companies of China showed their willingness to invest in Pakistan, strengthening mutually beneficial cooperative partnership....
Dollar falls LONDON, Jan 6: The dollar fell to a three-month low against the euro here on Friday on news that the US economy produced far fewer jobs than had been expected in...		Remittances without NOC allowed KARACHI, Jan 6: The State Bank on Friday allowed remittances up to $100,000 for utilization of information technology services without NOC from Pakistan Software Export Board (PSEB)....
Indian oil reserves NEW DELHI, Jan 6: The Indian cabinet on Friday approved building strategic crude oil reserves to enhance the country’s energy security, the country’s defence minister said....		China may diversify forex reserves from US dollar BEIJING, Jan 6: China has suggested it may diversify its foreign reserve holdings away from a current heavy focus on the US dollar although analysts said Friday Beijing does not intend a major change in policy....
Gold edges higher in Europe LONDON, Jan 6: Gold rebounded in Europe on Friday after dipping in Asian trade, with players looking to currency markets for direction, dealers said....		Palm oil lower KUALA LUMPUR, Jan 6: Malaysian crude palm oil futures surrendered earlier gains to close lower on Friday, weighed down by the ringgit’s strength against the dollar....
Asian stocks mixed HONG KONG, Jan 6: Asian stocks closed mixed Friday as investors paused for breath after another week of record finishes and multi-year highs brought in the new year, dealers said....		Karachi Port operations KARACHI, Jan 6: Four ships carrying urea, coal and containers are due to arrive at the outer anchorage on Saturday, according to KPT sources....