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Oil extends losses on weak US demand

Source: Geo News | 22-10-2013

US crude oil prices stayed below $100 in Asian trade Tuesday as investors digested a steep increase in stockpiles following slow refinery activity, analysts said.

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

November, was down 21 cents at $99.01 a barrel in mid-morning trade, extending its slide after sinking to three-month lows on Monday.

Brent North Sea crude for December delivery gained nine cents to $109.73.

Australian unemployment worst in a decade

Source: Dunya News | 13-02-2014

Australia s unemployment rate in January jumped to 6.0 percent -- its worst in a decade -- with the economy shedding 3,700 jobs amid a turbulent transition away from mining, data showed Thursday. The Australian Bureau of Statistics said the jobless rate increased from 5.8 percent in December, with some 7,100 full-time positions lost, which were only..... Read more

KSE adds 69 points

Source: The Nation | 15-02-2013

Positive trend continued at local equity market on Thursday and the KSE 100-index touched new height after addition of 69 points.“PTCL’s result generated investors’ interest in all telecom stocks. PTCL closed at its upper limit while Telecard, WorldCall and Wateen Telecom also performed well as investors are expecting better results a..... Read more

Asian shares rise

Source: Dunya News | 16-04-2014

Asian markets mostly rose Wednesday following a second straight rally on Wall Street, while Chinese economic growth came in slightly above forecasts in the first three months of the year. Japan s Nikkei led regional gains thanks to a weaker yen after the head of the country s central bank said it was on course to meet its inflation target next year. Tokyo ..... Read more

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