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| December 26, 2008 | Friday | Zilhaj 27, 1429 |
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Introduction of blended petrol on the cards
ISLAMABAD, Dec 25: The Planning Commission has moved a summary to the cabinet headed by Prime Minister Yousuf Raza Gilani to make necessary arrangements for blending of 10 per cent ethanol... 
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Davos moot to focus on global crisis
RAWALPINDI, Dec 25: The World Economic Forum-2009, opening in Davos on Jan 28, will focus on promoting stability in the financial system and reviving economic growth as global economy currently faces crisis....
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PIDE launches business survey
ISLAMABAD, Dec 25: The Pakistan Institute of Development Economics (PIDE) has launched a survey, titled Business Barometer, to provide independent biannual information about the state of economic activities in Pakistan....
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Japanese steelmaker steps up output cuts
TOKYO, Dec 25: World number-three steelmaker JFE Steel Co stepped up planned output cuts on Thursday in the face of plunging demand and became the first Japanese player to shut a blast furnace as the downturn bites....
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Vietnam inflation reaches 23pc
HANOI, Dec 25: Vietnam’s consumer prices rose by 23 per cent in 2008, sharply up from eight per cent in 2007, the state-run General Statistics Office (GSO) said on Thursday....
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Asian stocks mixed in light trade
TOKYO, Dec 25: Most Asian stock markets were closed on Thursday for Christmas and the remainder were mixed in thin trade, with Tokyo shares creeping up cautiously after a festive rally on Wall Street....
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FPCCI polls
LAHORE, Dec 25: The biennial elections of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 2009-2010 will commence on Dec 31 instead of Dec 26 and complete on Jan 31....
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Japan saving rate drops
TOKYO, Dec 25: Japan’s savings rate fell to a record low of 2.2 per cent in the year that ended in March, government data showed on Thursday, signalling a deterioration in household finances....
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Steps urged to fight impact of recession
KARACHI, Dec 25: Trade and industry is suggesting to the government to inject economic boosters to fight recession and to develop economy....
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GCC suspends free trade talks with EU
RIYADH, Dec 25: The Gulf Cooperation Council (GCC) has suspended further talks over the free-trade agreement with the European Union because of the continuing impasse in the 20-year old negotiations....
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Japan, Vietnam sign free trade pact
TOKYO, Dec 25: Japan and Vietnam signed an economic partnership pact on Thursday with a promise to cut tariffs on some 92 per cent of goods and services traded between the two nations within a decade....
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Russian reserves rise $15.4bn
MOSCOW, Dec 25: Russia’s foreign exchange reserves grew last week by $15.4 billion, the central bank said Thursday, in the first rise for several weeks amid a fall in the value of the ruble....
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Thailand to spend $450m to revive tourism
BANGKOK, Dec 25: Thailand’s government plans a 15.6 billion baht ($450m) package for reviving its important tourist sector, badly hit by a crippling week-long airport blockade, the Tourism Minister said on Thursday....
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UAE Implements oil output cut after S. Arabia
TOKYO/DUBAI, Dec 25: The UAE joined Saudi Arabia in deepening oil supply curbs on Thursday to comply with producer group Opec’s biggest ever output cut last week, telling refiners it would tighten shipping limits on exports of its main grades...
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