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Oil extends losses as Syria strike fears ease

Source: Geo News | 30-08-2013

SINGAPORE: Oil prices fell in Asian trade Friday as fears eased of an imminent Western military strike against Syria for its alleged use of chemical weapons, analysts said.

New York's main contract, West Texas Intermediate (WTI) for delivery in

October, was down $1.41 at $107.39 a barrel in mid-morning trade, and Brent

North Sea crude for October shed $1.26 to $113.90.

Pakistan stocks end a rangebound session on a flat note

Source: Geo News | 23-11-2013

Pakistan's apex bourse, Karachi Stock Exchange (KSE), ended a rangebound session on a flat note here on Friday. The benchmark KSE-100 Index jumped 0.27 percent, or 63.39 points, to 23,847.57. The countrywide protest against Rawlpindi tragedy kept the capital market on a tight leash, the dealers said. On the rollover day Engro Corporation and Pakista..... Read more

Govt mulls new plan to avert looming economic crisis

Source: The Nation | 07-02-2013

After failure to materialise the much controversial and much publicised “Tax Amnesty Scheme”, the cash-starved government is giving a serious thought to launch an alternate plan to steer the country out of looming economic crisis.The economic experts are of the view that the government’s fresh move would hardly meet the desired targets as a..... Read more

Nepra determines upfront tariff for coal-based power plants

Source: The Nation | 08-02-2013

In a bid to control the increasing per unit power prices and ongoing electricity crisis in the country, the National Electric Power Regulatory Authority (Nepra) has determined upfront tariff for coal-based power plants which however would be effective only after getting final opinion from the stakeholders. In accordance with a draft notification of Nepra ..... Read more

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