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January 27, 2008 Sunday Muharram 17, 1429 WTO states hope end to impasse by April DAVOS, Jan 26: WTO members are hoping to agree on the most difficult parts of the stalled Doha round of trade talks in April, the Swiss economy minister said Saturday, raising new hopes of a breakthrough.... Shipping lines to impose $100 surcharge KARACHI, Jan 26: Foreign shipping lines have decided to impose $100 per Teu terminal congestion surcharge on all imports from February 1....   20 kitchen items Register increase ISLAMABAD, Jan 26: The weekly inflation measured through the Sensitive Price Index (SPI) soared by 12.33 per cent in the week ending on Jan 25, over the same week last year,... Concern over rising gold price LAHORE, Jan 26: The continuous surge in gold prices has put the jewellery industry in shambles, which needs proper remedial measures by the government otherwise thousands of goldsmiths would be deprived of their livelihood.... Russia consolidating grip on gas supply routes RIYADH: President Putin is enjoying his last hurrah on the global energy chessboard. While the world seemed to be waiting, rather nervously and impatiently, for Opec to make its next move,... Demutualisation: brokers count their blessings KARACHI, Jan 26: When the idea of demutualisation of stock exchanges in Pakistan was first floated as far back as in December 2002, the stockbrokers instantly went up in arms.... Exporters asked to be careful with US buyers KARACHI, Jan 26: Exporters of textile and clothing have been advised to be cautious while dealing with US importers, who are presently defaulting owing to all-round recession, particularly in textile apparel sectors.... Tapping of potential tax sectors urged ISLAMABAD, Jan 26: Federal Board of Revenue chairman M Abdullah Yousuf has directed the tax officials to tap full potential of various sectors to recover the shortfall of around Rs36 billion recorded in the first half of the current fiscal year.... Seafood exporters to go on strike from Feb 4 KARACHI, Jan 26: The seafood exporters have decided to go on strike on February 4 to protest against the attitude of the administration of the Marine Fisheries Department (MFD).The... Review of Basel II DAVOS, Jan 26: Brazil’s central bank chief Henrique de Campos Meirelles said on Saturday the time was now right for a review of the international Basel II framework on how much capital banks should hold to match risks they face.... Davos moot Wraps up with warnings DAVOS, Jan 26: The head of the IMF hammered home the problems facing the world economy in Davos on Saturday, sounding a final gloomy note as the annual gathering of the world’s elite wrapped up.... US investorshope Fed will do more NEW YORK, Jan 26: US stocks regained some stability in the past week with investors hoping the Federal Reserve will deliver fresh interest rate cuts in days, but analysts warned that markets would remain volatile.... Dubai to have largest ME expo centre DUBAI, Jan 26: South Korea’s Samsung is to build the Middle East’s largest exhibition centre in Dubai, adding to its projects in the Gulf emirate that include the world’s tallest tower, the company said on Saturday.... Karachi Port operations KARACHI, Jan 26: Nine ships carrying steel coils, crude oil and to load cement and ethanol are due to arrive at the outer anchorage on Sunday, according to KPT sources.... Port Qasim KARACHI, Jan 26: Four ships carrying containers, furnace oil and LPG were accommodated berths during the last 24 hours, said a PQA press release on Saturday.... Company news KARACHI, Jan 26: Samsung Electronics has redefined the role of HDTVs play in the home with its forward looking LCD HDTV Series 6 and 7. The new device will greatly enhance the picture quality, says a press release.... Trading gets firm on cotton market KARACHI, Jan 26: Cotton market finished the weekend session on firm note as ginners held on to their unsold positions followed by analyst predictions of further improvement in prices during the next couple of weeks.... Karachi market rates KARACHI, Jan 26: The following were Saturday’s commodity market rates in rupees.... Dollar firm on US stimulus package NEW YORK, Jan 26: The dollar rose on the euro on Friday, continuing to find support from a quick accord on an economic stimulus plan between the White House and Congress.... Saudi banks bidding for ABN’s stake RIYADH, Jan 26: The Saudi central bank is examining bids from local banks and private investors for ABN Amro’s 40 per cent stake in Saudi Hollandi Bank, Hollandi’s chairman said in published remarks.... Record highs for gold, platinum after volatile week LONDON, Jan 26: Volatility gripped commodity markets this week as fears of a US recession gave way to hope for the world’s biggest economy....

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