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| August 26, 2006 | Saturday | Sha'aban 1, 1427 |
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Trade imbalance figures vary by 35pc: State Bank, FBS data
KARACHI, Aug 25: A difference of almost 35 per cent in calculation of Pakistan’s trade imbalance by the Federal Bureau of Statistics and the central bank for the year 2005-06 has... 
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UNDP report urges trade for human development
KARACHI, Aug 25: Economic growth does not ensure human development and poverty eradication by itself. Latest economic data of countries of Asia Pacific, the fastest growing region of the world, proves....
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TCP to release 0.1m tons sugar before Ramazan
ISLAMABAD, Aug 25: Prime Minister Shaukat Aziz has approved procedures for releasing sugar stock of over 891,000 tons lying with the Trading Corporation of Pakistan for the last two months to stabilise its price ahead of Ramazan....
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US signs trade pact with Asean
KUALA LUMPUR, Aug 25: The United States on Friday signed a trade and investment pact with Southeast Asia in a bid to bolster its influence in the region which is growing closer to China....
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Stocks shed 370 points as turmoil persists
KARACHI, Aug 25: The KSE 100-share index on Friday plunged by another 370.44 points as a leading broker continued to unload his long positions both on the ready and forward counters, which could lead to a possible market crash....
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Govt working on energy plan
KARACHI, Aug 25: Adviser to the prime minister on finance Salman Shah has said the government is working on a comprehensive energy plan for 2030 which is under implementation, as energy drives the future economic growth of the country....
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Measures to upgrade farm sector
ISLAMABAD, Aug 25: Prime Minister Shaukat Aziz said on Friday as the agriculture sector was the backbone of country''s economy the government had adopted a holistic approach to improve farm productivity, introduce value addition and augment income of farmers....
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Italian banks’ merger
ROME, Aug 25: Boards of directors at Italian banks Banca Intesa and San Paolo IMI were expected to approve a merger of the two lenders at separate meetings on Saturday in...
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$ firm after clue-less speech of Fed chief
LONDON, Aug 25: The dollar held stable against the euro on Friday after a speech by Federal Reserve chief Ben Bernanke failed to provide any clues about the future direction of US interest rates....
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Oil prices up on supply fears
LONDON, Aug 25: World oil prices rose on Friday on supply concerns caused by the threat of a tropical storm near the US and fears that Iran may disrupt exports if...
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UK economy grows at fastest rate in Q2
LONDON, Aug 25: Britain’s economy grew at its fastest rate in two years during the second quarter, compared with the first three months of 2006, unrevised official data showed on Friday....
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Active trading on cotton market
KARACHI, Aug 25: Trading activity on the cotton market on Friday modestly picked up as spinners and mills resumed their normal covering operations against forward sales....
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Karachi Port operations
KARACHI, Aug 25: Three ships carrying containers and general cargo are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
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Port Qasim
KARACHI, Aug 25: Two container ships were accommodated berths at QICT during the last 24 hours, said a PQA press release on Friday....
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Record coal handling
KARACHI, Aug 25: The Karachi Port set another record by handling 38,346 tons of coal during the last 64 hours. Coal had been discharged from Stove Tradition....
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TCP earning
KARACHI, Aug 25: The Trading Corporation of Pakistan earned an all-time record profit of Rs576 million (pre-audit) during the financial year 2005-06. The financial turnover for the year also reached a record level of Rs26 billion....
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Palm oil
KUALA LUMPUR, Aug 25: Exports of Malaysian palm oil products for August 1-25 stood at 1,113,624 tons, up 17 per cent from 954,687 tons shipped between July 1 and 25, cargo surveyor Societe General de Surveillance said on Friday....
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Asian stocks close mixed
HONG KONG, Aug 25: Asian stocks closed mixed on Friday with investors taking to the sidelines ahead of a key-note address by US Federal Reserve chairman Ben Bernanke....
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European stock markets up
LONDON, Aug 25: European stock markets crept upwards on Friday in cautious trade ahead of a speech by US Federal Reserve chief Ben Bernanke, and after modest overnight gains on Wall Street, dealers said....
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Gold prices higher
LONDON, Aug 25: Gold was left to drift in London trade on Friday as dealers waited for a speech by the US Federal Reserve chairman for clues on interest rates....
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