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| December 29, 2007 | Saturday | Zilhaj 18, 1428 |
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Benazir’s death leads to economic uncertainty
LAHORE, Dec 28: Fears of a serious economic downturn loom large on the horizons as the country plunges into yet another period of uncertainty triggered by the tragic assassination of Pakistan People’s Party chairperson Benazir Bhutto on Thursday.... 
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Global stocks shaken by killing
LONDON, Dec 28: Global stock markets fell on Friday as the killing of former prime minister of Pakistan, Benazir Bhutto, reverberated around the world, while investors took profits before the year-end, dealers said....
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Euro approaches $1.47
LONDON, Dec 28: The euro neared $1.47 on Friday amid persistent speculation that poor US economic data could force the US Federal Reserve to cut rates in 2008, dealers said....
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Indian inflation cools to 3.45pc
NEW DELHI, Dec 28: India’s inflation rate fell two-tenths of a percentage point to 3.45 per cent, official data showed on Friday, but analysts held out little hope of an early interest rate cut....
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Japan witnesses fastest rise in consumer prices
TOKYO, Dec 28: Japan on Friday reported its fastest rise in core consumer prices in almost a decade as sky-rocketing energy costs help to lift Asia’s largest economy out of years of deflation....
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External trade comes to standstill : Losses worth millions feared
KARACHI, Dec 28: Country’s external trade came to a grinding halt on Friday as post-Benazir Bhutto assassination violence paralysed life in the city, and all sorts of business and industrial activities,...
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Philippine’s Merchandise imports up
MANILA, Dec 28: Philippine merchandise imports rose 9.6 per cent year-on-year to 5.1 billion dollars in October due largely to the sharp rise in oil imports and capital goods, the National Statistics Office said on Friday....
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SEOUL, Dec 28: South Korea’s current account surplus fell in November due mainly to high oil prices, the central bank said on Friday.
The surplus in November reached 1.8 billion dollars compared with a revised 2.5-billion-dollar surplus the previous month, the Bank of Korea said in a preliminary report....
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Oil up on supply worries
NEW YORK, Dec 28: Oil rose on Friday on US supply concerns, the slumping dollar and mounting global tensions....
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Gold rises
LONDON, Dec 28: Gold rose to a one-month high on Friday, boosted by dollar weakness, stronger oil prices and worries over geopolitical risks....
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Thai exports grow
BANGKOK, Dec 28: Thailand’s current account surplus in November rose sharply from a year earlier, supported by record growth in exports, the central bank said Friday....
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Japan to host G7 talks on subprime
TOKYO, Dec 28: Japan said on Friday it will host a meeting of finance ministers and central bankers of the Group of Seven leading nations in February to discuss the US subprime mortgage crisis and high energy prices....
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