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| July 27, 2008 | Sunday | Rajab 23, 1429 |
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Composition of Thar coal board questioned
KARACHI, July 26: The issue of productive exploitation of coal reserves of Sindh for setting up of coal-fired electric generation projects in the province seems to have been put again in... 
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Fabric shortage hurting exports
FAISALABAD, July 26: The five-day strike observed by the Faisalabad Chamber of Commerce and Industry (FCCI) from July 11 to July 15 has created serious problems for the textile exporters who...
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‘Oil price can drop if Iran concerns allayed’
ALGIERS, July 26: The price of oil could drop to between 70 and 80 dollars a barrel if the dollar strengthens and concerns over Iran are reduced, Opec chief Chakib Khelil said on Saturday....
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Auto makers asked to work out market projections
ISLAMABAD, July 26: Chief Executive Officer of Engineering Development Board Asad Elahi has stressed upon the motorcycle manufacturers to work out future market projections, keeping in view the provision of export markets....
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Finance, telecom help fetch $5.1bn in FDI
KARACHI, July 26: Increased attraction for financial business, telecommunications and oil and gas exploration collectively pushed foreign direct investment even higher than last year despite continued political uncertainties and poor economic performance....
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Doha round seems to be back on track
ISLAMABAD, July 26: After a near collapse, the Doha development round seems to be back on track as 153 WTO member countries thrashed out a compromise package for agriculture and industrial goods, a senior Pakistani diplomat said....
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CCP to investigate commodities cartels
ISLAMABAD, July 26: The government has referred “oil, sugar, fertilisers and CNG cartels matter” to the Competition Commission of Pakistan (CCP) for an investigation....
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Investment under CFS falls further
KARACHI, July 26: The investment under continuous funding system (CFS) including MK-2 on the Karachi Stock Exchange last week posted a fresh modest fall of 69 basis points at Rs27 billion despite a strong recovery staged by the share market....
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Oil retreating amid complex market fundamentals
RIYADH, July 26: For a change, and indeed a welcome one, oil markets are on the retreat. In two weeks crude knocked off nearly 14 per cent off the record peak registered earlier....
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Ministers fight to nail WTO trade deal
GENEVA, July 26: Ministers battled to nail down the last portion of a new global free trade pact on Saturday, as delegates voiced optimism but some emerging economies threatened to dash fragile hopes of a breakthrough....
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Prices of pulses, sugar go up
KARACHI, July 26: Prices of pulses and sugar have gone up owing to increase in their international prices and local transportation fares after a substantial rise in petrol and diesel rates....
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Cotton prices ease amid slow trading
KARACHI, July 26: Physical activity on the cotton market slowed down on Saturday despite lower offerings by the ginners as spinners anticipated further fall in prices....
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Karachi Port operations
KARACHI, July 26: Five ships carrying containers and to load cement are due to arrive at the outer anchorage on Sunday, according to KPT sources....
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Mohibullah takes over as TDAP chief
KARACHI, July 26: Syed Mohibullah Shah has taken over as the chief executive of Trade Development Authority of...
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Karachi market rates
KARACHI, July 26: The following were Saturday commodity market rates in rupees....
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Oil prices slide, metals hurt by stronger greenback
LONDON, July 26: Oil prices fell further this week, leaving them about $20 off record highs, while there were also losses for metals futures....
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NY cotton firmer
NEW YORK, July 26: Cotton futures finished near a month high Friday on follow-through investment fund buying and brokers said the strong tone to fiber contracts would spill over into next week....
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Wall Street hesitates, awaits clearer economic picture
NEW YORK, July 26: Wall Street investors hesitant, fresh data in the coming week could help provide a clearer picture of whether the US economy is in recovery mode or an extended downward spiral....
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Gold ends higher in New York
NEW YORK, July 26: Gold ended higher on Friday as weakness from US equities boosted bullion’s alternative investment appeal, despite pressure from lower oil prices and a stronger dollar....
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Dollar dips against euro despite buoyant data
NEW YORK, July 26: The dollar dipped against the euro on Friday as investors sought a safe haven despite economic reports that offered signs of a possible US recovery underway....
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