ECB rates becoming more effective again: Draghi
[Reuters] 18 Jun, 2013
JERUSALEM (Reuters) - The European Central Bank is "ready to act" if need be to aid the euro zone economy and recent signs of market stabilization mea ...
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Asian shares ease as Fed meeting keeps markets on edge
[Reuters] 18 Jun, 2013
TOKYO (Reuters) - Asian shares eased on Tuesday as investors waited for Federal Reserve Chairman Ben Bernanke to clarify the U.S. central bank's ...
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Judges case: ATC summons 18 prosecution witnesses
[Business Recorder] 18 Jun, 2013
ISLAMABAD: An anti-terrorism court (ATC) on Tuesday summoned 18 prosecution witnesses in the judges detention case against former military ruler Perve ...
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Court appoints lead plaintiff in shareholder lawsuit against SAC
[Reuters] 18 Jun, 2013
(Reuters) - A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a co ...
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Asian shares slide as upcoming Fed meeting jangles nerves
[Reuters] 18 Jun, 2013
TOKYO (Reuters) - Asian shares slid on Tuesday as investors waited on tenterhooks for news of the U.S. Federal Open Market Committee's plans for ...
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Global shares bound higher as Fed meeting nears, dollar firms
[Reuters] 18 Jun, 2013
LONDON (Reuters) - The dollar edged up against the yen and euro while European and Asian shares recouped a large slice of last week's losses on M ...
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Karachi ports handle 276,074 tons of cargo
[The News] 18 Jun, 2013
The Karachi Port and Port Qasim handled a cargo volume of 276,074 tons in the last 24 hours, which included 187,050 tons of imports and 89,024 tons of
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KSE sheds 325 points on correction
[The News] 18 Jun, 2013
The Karachi Stock Exchange 100-Index on Monday underwent correction for a second consecutive session, shedding 325 points on profit-taking across the
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Japanese PM Abes true test; rising govt bond yields
[The News] 18 Jun, 2013
TOKYO: Abenomics massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bo
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Cotton ginning begins
[The News] 18 Jun, 2013
LAHORE: Cotton ginning has started in the country with the arrival of cotton in the province of Sindh.
A cotton ginning factory in Shahdadpur, San
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Waste firm to be bought for $1.26bn
[The News] 18 Jun, 2013
HONG KONG: Cheung Kong (Holdings) Ltd, controlled by Asia s richest man Li Ka-shing, said it will buy Dutch waste processing firm RAV Water Treatment
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Govt, IPPs closer to deal on late payments
[The News] 18 Jun, 2013
LAHORE: The government and independent power producers (IPPs) are likely to reach a give and take deal to overcome their current payments crisis.
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KCCI demands budget review
[The News] 18 Jun, 2013
KARACHI: The Karachi Chamber of Commerce and Industry has asked the federal government to review the budget and repeal measures taken in it which are
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Bangladesh-US trade deal
[The News] 18 Jun, 2013
DHAKA: Bangladesh on Monday approved a trade agreement with the United States as it comes under intense pressure from Washington to improve labour rig
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Revised Trade Policy by end of July
[The News] 18 Jun, 2013
KARACHI: Dissatisfied with the Pakistan Peoples Party (PPP) framed trade policy, the PML-N government has initiated seeking input of the business comm
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LNG scam book to be launched
[The News] 18 Jun, 2013
ISLAMABAD: The proclaimed LNG scam a treatise in perspective, written by G. A. Sabri, retired secretary petroleum and chairman of the Price Negot
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US shale benefits Asian market
[The News] 18 Jun, 2013
LONDON: Even without a relaxation of the ban on US crude oil exports, the ripples of the shale revolution have already reached Asia.Nowhere is that mo
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Current account posts $1.95bn deficit
[The News] 18 Jun, 2013
KARACHI: Pakistan ran up a current account deficit of $1.952 billion in 11 months (July-May) of the current fiscal year due to heavy external debt rep
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