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Oil prices mixed, eyes on Ukraine crisis

Source: Geo News | 04-03-2014

Oil prices were mixed in Asian trade Tuesday as investors cautiously watch events in Ukraine, with western powers threatening sanctions against Russia for its military intervention in the region.

The United States said it has suspended defence cooperation with Russia and the UN Security Council began a meeting on the crisis.

US benchmark West Texas Intermediate (WTI) for April delivery, eased 13 cents to $104.79 in mid-morning trade on profit-taking as after hitting its highest levels this year in New York on Monday.

Brent North Sea crude for April climbed two cents to $111.22.

SBP unveils 10-point strategy for financial system growth

Source: The Nation | 08-01-2013

The State Bank of Pakistan (SBP) Governor Yaseen Anwar has outlined the Central Bank’s 10-point banking strategy for the growth of the financial system in the country. Speaking on the ‘Role of Financial Institutions and Capital Markets in Pakistan’s Economy’ at PAF Air War College, Karachi on Monday, he said this strateg..... Read more

Pakistan, IMF finalise talks on fresh bailout package

Source: Geo News | 03-07-2013

ISLAMABAD: The second round of ongoing talks between Pakistan and a visiting delegation of the International Monitory Fund (IMF) on fresh bailout package concluded on Wednesday and Islamabad is likely to formally seek $5 billion package today, sources said. Finance Minister Ishaq Dar and IMF delegation headed by Jeffery Frank held final round of talk..... Read more

SECP, probing bodies agree to devise strategy

Source: The Nation | 09-01-2013

The representatives of Securities and Exchange Commission of Pakistan, State Bank of Pakistan, National Accountability Bureau, Federal Investigation Agency, Financial Monitoring Unit and the federal and provincial police on Tuesday agreed to devise a comprehensive strategy to combat illegal business activities, including Ponzi and pyramid schemes, carried ou..... Read more

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