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Karachi stock market crashes

Source: Geo News | 02-09-2013

KARACHI: Karachi Stock Exchange (KSE) on Monday, the first day of the week witnessed a huge crash on some rumours with the ‘very go’ of the trading this morning, Geo News reported.

The investors were seen selling in panic their overbought shares, while the buyers appeared reluctant and preferred to remain on the sideline that soon sent the market sagging.

The benchmark KSE-100 index on one occasion during the trading was seen down by 403 points to peg at 21757 marks.

Oil prices mixed in Asian trade

Source: Geo News | 23-12-2013

Oil prices were mixed in Asian trade Monday as investors focused on upbeat US economic growth data, raising hopes of resurgent demand in the world´s top crude consumer. New York´s main contract, West Texas Intermediate for February delivery, was down five cents at $99.27 in mid-morning trade while Brent North Sea crude for February gained five..... Read more

Dollar rises amid speculation about US economy

Source: Geo News | 02-09-2013

TOKYO: The dollar rose against the yen on Monday as trading remained cautious amid speculation about the timing of an end to the massive US stimulus programme. The US decision to hold off from a military attack on Syria also helped risk appetite and led to selling of the safe-haven Japanese currency, traders said. The dollar gained to 98.60 yen in a..... Read more

Environment dept facing funds shortage

Source: The Nation | 29-03-2013

Environment department is facing shortage of funds but doing its best to save environment and to provide healthy atmosphere to citizens. This was stated by Sher Alam Mehsud, Secretary Environment, during his visit to Federation of Pakistan Chambers of Commerce and Industry Regional Office. He announced a committee to solve industry related issues. He in..... Read more

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