March 11, 2006	Saturday	Safar 10, 1427

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FTZs on border with Kabul not feasible: Lack of security KARACHI, March 10: The idea of setting up free trade zones FTZ) by Pakistan and Afghanistan in border areas is bound to be a non-starter for want of security, a proper...		KPT cargo handling rises by 44 per cent KARACHI, March 10: The Karachi Port has registered 44 per cent growth in cargo handling during eight months (July-Feb) of the current fiscal owing to rapid rise in country’s external trade (imports and exports)....
Tuwairqi Steel ground-breaking by month-end KARACHI, March 10: The ground-breaking ceremony of $130 million Al Tuwairqi Steel Mills Limited (TSML) will be held at the end of this month. The first phase of the one-million-ton per...		EU voting on dumping duty deferred again ISLAMABAD, March 10: The European Commission has again deferred voting to finalize definitive anti-dumping duty on import of bedlinen from Pakistan following reservation from some member countries....
Stocks shed 329 points on weekend profit-taking KARACHI, March 10: Stocks on Friday came in for renewed selling under the lead of blue chips as a section of leading investors including institutional traders continued to take profits at the higher levels....		Pakistan’s energy needs growing ISLAMABAD, March 10: Prime Minister Shaukat Aziz said on Friday energy needs of the country were increasing by 10-12 per cent per annum....
National market system proposed ISLAMABAD, March 10: The Islamabad Stock Exchange has proposed implementation of the national market system (NMS) with a view to ending market fragmentation to the advantage of all stakeholders....		US, UAE postpone trade talks WASHINGTON, March 10: Free-trade talks between the United States and United Arab Emirates on Friday fell victim to a political furore among United States lawmakers over a UAE company’s aborted takeover of US ports....
Oil climbs to $61.27 in London LONDON, March 10: World oil prices extended gains on Friday as the market tracked events in Iran amid fears that the country could cut its crude exports if hit by economic sanctions over its nuclear programme....		ADB says India can achieve 10pc growth NEW DELHI, March 10: India’s economy could achieve growth of 10 per cent if the government keeps up reforms and improves the nation’s rickety infrastructure, the Asian Development Bank said on Friday....
Committee to submit draft LPG policy ISLAMABAD, March 10: The Inter-Ministerial Committee will shortly submit a draft LPG Policy 2006 to the cabinet for approval. This was decided in the second meeting of the committee headed by...		Lint prices resist further fall KARACHI, March 10: The cotton market on Friday resisted fresh decline but physical business remained at low ebb as leading spinners were again conspicuous by their absence....
US adds 243,000 jobs in February WASHINGTON, March 10: US employers added 243,000 new jobs in February, the Labour Department said on Friday in a report that suggested robust economic growth but also sparked worries about rising inflation pressures....		LSE rejects Nasdaq bid LONDON, March 10: The London Stock Exchange on Friday said it had received a preliminary cash bid from the Nasdaq Stock Exchange in New York but added that the offer worth 950 pence per share “substantially undervalues” the company....
Asian stocks mixed HONG KONG, March 10: Asian stocks closed mixed on Friday with Tokyo registering further gains after the Bank of Japan announced a return to a more conventional monetary policy....		Habib Bank, Microsoft sign deal KARACHI, Mar 10: Habib Bank Limited on Friday signed an enterprise agreement with Microsoft Pakistan for using cutting edge and innovative technology to ensure security in bank transactions and develop effective systems for the organization....
India rupee MUMBAI, March 10: The Indian rupee ended slightly lower on Friday as selling by state-run banks, possibly on behalf of the central bank, got the upper hand over foreign investment inflows, dealers said....		Gold prices steady LONDON, March 10: Gold steadied above recent lows in quiet trade on Friday, with the market watching moves in the dollar and oil and awaiting US jobs data later....
Port Qasim KARACHI, March 10: Three ships carrying containers and chemicals were berthed at...		Karachi Port operations KARACHI, March 10: Four ships carrying containers and to load rice are expected to arrive at the outer anchorage on Saturday, according to KPT sources....