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| October 02, 2007 | Tuesday | Ramazan 19, 1428 |
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LPG price to go up by Rs5 per kg
LAHORE, Oct 1: Liquefied petroleum gas (LPG) prices are expected to go up by over Rs5 per kg due to increase in its international price from $572 to $655 per ton, says LPG Distributors Association chairman Irfan Khokhar.... 
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Govt plans to rationalise port charges
ISLAMABAD, Oct 1: The government is considering improving the efficiency of ports by introducing various measures, including rationalising port charges....
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Pressure for OMV-MOL merger
VIENNA, Oct 1: Austrian Economy Minister Martin Bartenstein and shareholders in Hungarian oil group MOL all turned up the pressure on Monday on Hungarian oil group MOL to accept a multi-billion-euro tie-up with its Austrian counterpart OMV....
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Dollar hits new lows against euro
LONDON, Oct 1: The dollar touched a fresh record low against the European single currency on Monday ahead of key US data this week that could open the way to another cut in US interest rates and depress the dollar further....
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Rs24bn fresh currency notes issued for Eid
KARACHI, Oct 1: The State Bank has taken special care of the people by providing them fresh currency notes worth billions of rupees for spending on the occasion of Eidul Fitr...
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Global industrial growth falls
LONDON, Oct 1: Global manufacturing growth fell sharply in September as new orders growth cooled dramatically, a global indicator based on national surveys of manufacturers showed on Monday....
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Bulls go wild, index gains 385 points
KARACHI, Oct 1: Stocks on Monday reacted bullish apparently to the perception of continuation of the current financial and economic policies as the way for Musharraf’s re-election as president for the...
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Indian trade gap widens
NEW DELHI, Oct 1: India’s trade deficit widened to $6.88 billion in August from $5 billion a month earlier as imports surged, official data showed on Monday....
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Greenspan says credit crisis may be ending
LONDON, Oct 1: The former Federal Reserve chairman Alan Greenspan suggested here on Monday that the global credit crisis triggered in August might be coming to an end....
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‘US loan crisis will not affect growth’
PARIS, Oct 1: New IMF chief Dominique Strauss-Kahn said on Monday the crisis in the US “subprime” loan sector should not have a dramatic impact on growth in the world economy....
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Prices of onion, tomato rise; pulses decline
KARACHI, Oct 1: Prices of essential items showed a mixed trend during the last one month depicting increase in prices of onion and tomato mainly and decline in prices of pulses, flour varieties, poultry, fresh milk etc....
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Oil prices slip from record highs
LONDON, Oct 1: World oil prices fell further from recent record levels on Monday as traders took profits and looked to negative US economic data that could herald lower crude demand from the United States....
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Karachi Port operations
KARACHI, Oct 1: Six ships carrying containers and to load cement and clinker are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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All cotton lots lifted in firm trading
KARACHI, Oct 1: Trading on the cotton market on Monday resumed on a firm note as spinners and mills were not inclined to sit on the sidelines and lifted all the lots offered for sale by the ginners....
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Port Qasim
KARACHI, Oct 1: Brisk shipping activity was witnessed at the port where four ships to load, unload containers, cement and edible oil were given berths at QICT, and MPT terminal, respectively, during the last 24 hours, says a PQA press release....
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ABN Amro finalises sale of LaSalle
AMSTERDAM, Oct 1: Dutch bank ABN Amro, in the midst of a titanic takeover battle, said on Monday that it had finalised the sale of its US subsidiary LaSalle to Bank of America for $21 billion....
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LSE completes Borsa Italiana takeover
LONDON, Oct 1: The London Stock Exchange on Monday completed its purchase of Borsa Italiana, cementing its position as Europe’s biggest equity market amid its tussle with transatlantic operator NYSE Euronext....
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Gold prices up
LONDON, Oct 1: Gold hit a 28-year high on Monday as a weak dollar made the metal more attractive to investors, while platinum approached an all-time peak on heavy speculative buying....
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Asian stocks higher
HONG KONG, Oct 1: Asian stocks closed mostly higher Monday with Singapore ending at a record high as a regional rally fuelled by last month’s sharp cut in US borrowing costs continued....
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European shares slip
LONDON, Oct 1: Europe’s main stock markets mostly fell on Monday as the European banking sector was dragged lower by a profit warning from Swiss giant UBS....
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Palm oil prices mixed
JAKARTA, Oct 1: Indonesian palm oil prices were mixed on Monday with little fresh demand-supply news while a government decision to subsidise cooking oil still put pressure on the olein market....
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