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| November 04, 2008 | Tuesday | Ziqa'ad 5, 1429 |
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Opec losing control over oil markets
RIYADH, Nov 3: Are the oil markets on the edge of a bottomless pit? Despite the lowering prices, global consumption is far from recovering, straining the markets further.... 
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Dollar edges higher against euro
LONDON, Nov 3: The dollar edged higher against the euro on Monday in volatile trading ahead of the US presidential vote, but gains were limited by mounting fears of recession in the world’s largest economy....
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Fire at UBL City branch extinguished
KARACHI, Nov 3: A fire broke out on Monday at 8.30am on the 5th Floor of the City Branch of UBL on I I Chundrigar Road....
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Accord for first family takaful
KARACHI, Nov 3: BankIslami signed a strategic cooperation agreement with Pak-Qatar Family Takaful Limited (PQFTL) and FWU AG on Monday....
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Stocks turn in improved performance
KARACHI, Nov 3: Stocks resumed trading on an optimistic note on Monday amid hopes that the Rs20 billion market support fund may be active during the next couple of sessions preceding the removal of floor from under the KSE 100-share index....
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Brisk trading on cotton market
KARACHI, Nov 3: Trading on the cotton market on Monday resumed on a steady note as spinners and mills continued to build up long positions at the current levels amid a briskly traded session.Ginners...
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Karachi Port operations
KARACHI, Nov 3: Eleven vessels including three cement loaders to load 50,000 tons of cement are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
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ROZ committee meets
PESHAWAR, Nov 3: A meeting of Committee for Reconstruction Opportunity Zones (ROZ) was held here at the office of Sarhad Development Authority (SDA) here on Monday....
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Port Qasim
KARACHI, Nov 3: Five ships to load/offload containers, cement, palm oil, wheat and phosphoric acid were accommodated berths during the last 24 hours, said a PQA press release on Monday....
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Bestway posts profit
KARACHI, Nov 3: Bestway Cement has posted a profit-after-tax of Rs319.649 million for the first quarter of 2008-09 but did not announce dividend....
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Siemens gives 600pc dividend
KARACHI, Nov 3: Siemens Pakistan has posted a profit-after-tax of more than Rs1.769 billion for the year 2007-08 and announced a final cash dividend of 600 per cent....
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Adviser
KARACHI, Nov 3: Dr Mirza Ikhtiar Baig, a leading industrialist, has been appointed adviser to government of Pakistan for ministry of textile industries by the prime minister, says a press release....
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Gold rises on weaker dollar
LONDON, Nov 3: Gold rose on Monday, having posted its biggest monthly decline in a quarter century in October, as safe-haven buying resurfaced after the euro firmed against the US dollar and oil reversed losses....
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Asian stock markets mostly higher
HONG KONG, Nov 3: Asian stocks were mainly higher on Monday amid hopes that weeks of market volatility were coming to an end despite fears that a global recession still loomed large....
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China advised not to import sugar
BEIJING, Nov 3: A senior Chinese government official urged the country not to import sugar in the next 11 months due to expectations of a large domestic surplus, according to a report posted by an industry Web site....
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Karachi market rates
KARACHI, Nov 3: The following were Monday commodity market rates in rupees....
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