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| August 15, 2007 | Wednesday | Sha’aban 1, 1428 |
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Sindh to train 6,500 in modern trades
KARACHI, Aug 14: A total of 6,500 workers will be trained in modern trades in Sindh under the Prime Minister Programme for Special Initiative to be launched in December this year.... 
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World stock markets tumble again
LONDON, Aug 14: World stock markets fell again on Tuesday, as another giant swing in sentiment sent markets in Europe and the United States tumbling during another day of volatile trading....
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GCC set to continue growth momentum
RIYADH, Aug 14: The GCC is set to continue its growth momentum. After registering a robust GDP growth over the last two years, the regional economies were projected to grow at...
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European GDP growth disappoints investors
BRUSSELS, Aug 14: The European Union and its member states released a raft of disappointing economic growth figures on Tuesday, just as investors were seeking good news in the maelstrom of the financial markets....
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Oil prices surge on high global demand forecast
LONDON, Aug 14: Global oil prices rose on Tuesday after crude producers'' cartel Opec upgraded its estimate for 2007 world oil demand growth, despite the current turmoil gripping world financial markets....
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WTO sees trade growth slowing in 2007
GENEVA, Aug 14: World economic and trade growth could slow this year as a result of shaky markets and large macroeconomic imbalances, the World Trade Organisation (WTO) said in its 2007 annual report released on Tuesday....
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15 Pakistan firms eyeing India cement market
NEW DELHI, Aug 14: Fifteen Pakistani firms have sought approvals to sell cement to India, which is facing a shortage to feed hectic construction activity in the rapidly growing economy, a minister said in parliament on Tuesday....
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Myanmar selects PetroChina for gas sale
NEW DELHI, Aug 14: Myanmar has picked PetroChina to sell gas to China via a pipeline from two blocks in which Indian firms have stakes, India’s junior oil minister said on Tuesday, dashing the hopes of bringing the gas to India....
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China allows listed firms to issue bonds
BEIJING, Aug 14: China’s securities regulator gave long-awaited approval on Tuesday for listed firms to issue corporate bonds on a trial basis, a milestone for the country’s budding bond market....
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Euro, sterling dive against dollar
LONDON, Aug 14: The European single currency fell below $1.36 on Tuesday as the greenback was boosted by its status as a safe haven in times of financial instability, dealers said....
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Fertiliser price up by Rs50 per bag
LAHORE, August 14: Fertiliser companies and dealers have increased price of Di-Ammonium Phosphate (DAP) bag by another Rs40. This is fifth increase in last eight months....
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US trade gap narrows to $58.1bn
WASHINGTON, Aug 14: The US trade deficit unexpectedly narrowed in June as a weaker dollar and overseas growth boosted exports to a record, offsetting record imports lifted by higher oil prices...
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US recalls 9m Chinese toys
WASHINGTON, Aug 14: The US product safety board and major toy company Mattel on Tuesday recalled nine million toys that were made in China, citing fears about small parts and lead-based paints....
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UK inflation
LONDON, Aug 14: Britain''s 12-month inflation rate fell by the biggest amount in more than five years during July, data showed on Tuesday, and relieving pressure on the Bank of England to keep hiking interest rates....
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