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| September 28, 2008 | Sunday | Ramazan 27, 1429 |
Markets take the brunt of terror scare
KARACHI, Sept 27: Traders offered a mixed view on the quantum of Eid-related sales. Some say the first 20 days of Ramazan recorded normal sales, while others declare that overall growth in sales is less than last year’s....
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Inflation dampens Lahori shoppers’ spirit
LAHORE, Sept 27: The energy and food price inflation can be blamed for taking the shine off Eid shopping in the Punjab capital this year....
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Markets wear deserted look in Quetta
QUETTA, Sept 27: The local markets are usually at the busiest in the last 10 days of Ramazan, but shopping for Eid festival, which is just four days away, has yet...
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Anxious shopkeepers await customers in Peshawar
PESHAWAR, Sept 27: There is still a buzz in shopping centres ahead of Eidul Fitr as if all is well in this part of the country....
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Price hike upsets Eid budgets in Faisalabad
FAISALABAD, Sept 27: Customers on a shopping spree at different markets of this textile capital of Pakistan have urged the government to form price control committees for non-food items, like food...
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Sale volumes reduce to half in Multan
MULTAN, Sept 27: The business community in Multan is worried at slow business activity. This year’s Eid business volume has been estimated to be 40 to 50 per cent less than last year due to multiple reasons, Dawn has learnt....
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Power failures irk shoppers
KARACHI, Sept 27: Fragile KESC system, which often breaks down in this cosmopolitan city, increased consumption of electricity during Eid days, power thefts and unannounced load-shedding by the power utility have...
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Shopping a challenge for middle, lower class
KARACHI, Sept 27: With no respite in inflation sans any real increase in household incomes and devaluation of the rupee turning imported items more costly, the middle and lower middle class...
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Govt to launch new Rozgar scheme next month
KARACHI, Sept 27: The President’s Rozgar Scheme launched by Musharraf-Shaukat government under the auspices of public sector National Bank of Pakistan in 2006-07 is being given a new name, People’s Rozgar...
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CDC to go public next year
KARACHI, Sept 27: The Central Depository Company (CDC) would seek listing at the three stock exchanges in the country in January 2009....
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Easier conditions on cotton market
KARACHI, Sept 27: Cotton prices on Saturday eased further as ginners lowered their asking prices followed by reports of steady phutti arrivals into the ginneries....
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ADB gets tax relief
ISLAMABAD, Sept 27: Federal Board of Revenue (FBR) has exempted the Asian Development Bank (ADB) from payment of all taxes, including payment and collection of withholding taxes....
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Fortis banking chief steps up as stand-in CEO exits
BRUSSELS, Sept 27: With the former chief executive, the deputy and the financial chief ousted, Fortis has turned to their head of banking in a bid to restore confidence after its shares crashed to a 15-year low....
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Commodity prices respond to US bailout plan
LONDON, Sept 27: Commodity traders from across the globe largely took their cues this week from movement over an emergency US bailout plan....
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NY cotton settles down
NEW YORK, Sept 27: Cotton futures closed sharply lower Friday on investor liquidation and the market’s next move will depend greatly on whether a bank bailout deal will be reached in the US Congress this weekend, brokers said....
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Wall Street bucks downtrend on hopes of US financial rescue
NEW YORK, Sept 27: Global markets saw more tension on Friday as the White House and Congress wrangled over a proposed bailout of the ailing financial sector, but Wall Street shares managed to finish mainly higher....
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China’s Wen calls for global cooperation on financial crisis
TIANJIN, Sept 27: Cina’s Prime Minister Wen Jiabao Saturday called for international cooperation to resolve the global financial crisis, saying China’s contribution would be to maintain its own economic stability....
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Oil prices fall amid uncertainty
NEW YORK, Sept 27: Oil prices fell on Friday amid uncertainty over the fate of a proposed US government bank bailout mired in wrangling between the White House and Congress....
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Karachi market rates
KARACHI, Sept 27: The following were Saturday commodity market rates in rupees....
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Palm oil prices may fall another 10pc
MUMBAI, Sept 27: Malaysian crude palm oil futures, down by a quarter this year, may dip 10 per cent by December as the retreat of funds from the market and economic...
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US wheat ends down
CHICAGO, Sept 27: US wheat futures closed lower in thin trade on Friday, following declines in most other commodities, as talks in Washington over a planned bailout of the financial sector bogged down, traders said....
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