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Oil prices mixed in Asia on China, Ukraine woes

Source: Geo News | 14-03-2014

Oil prices were mixed in Asian trade Friday as investors digest the implications of weaker economic data from China and keep an eye on a controversial referendum in Crimea on joining Russia.

New York´s main contract, West Texas Intermediate for April delivery, eased two cents to $98.18 in mid-morning trade, while Brent North Sea crude rose 11 cents to $107.50 for its April contract.

Govt announces subsidy on POL products to partially cancel out hike

Source: Geo News | 01-07-2013

ISLAMABAD: Minister for Finance, Senator Ishaq Dar Sunday announced subsidy on petroleum products, partially cancelling out the hike in their prices, Geo News reported. He approved a hike of Rs2 per liter in the price of petrol as against the earlier announcement of Rs2.66 increase. Similarly, the rate of diesel has been revised and now the new price..... Read more

Pakistani stocks close lower, rupee weakens

Source: Dawn News | 08-02-2013

Pakistan’s stock market closed lower on Thursday with investors cashing in shares after the market hit an all time high the previous day before. The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.14 percent, or 25.20 points, lower at 17,383.32.There was a higher volumes of trading of shares in the Pakistan Telecommunication..... Read more

$520m to be repaid to IMF next month

Source: The Nation | 29-01-2013

Pakistan’s foreign exchange reserves would further deplete in next month, as Islamabad would repay $520 million to the International Monetary Fund (IMF) under the standby arrangement programme (SBA) in February 2013, it was learnt on Monday.Pakistan has repaid $2.52 billion to the IMF in seventh installments since February 2012 under SBA. Sources said ..... Read more

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