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Oil prices mixed in Asian trade

Source: Geo News | 02-07-2013

SINGAPORE: Oil prices were mixed in Asia Tuesday as upbeat US manufacturing data boosted hopes for stronger demand in the world's

top crude consumer, analysts said, while fears are growing over political unrest in Egypt.

New York's main contract, West Texas Intermediate light sweet crude for

delivery in August, was down 10 cents at $97.89 a barrel after surging in US trade, while Brent North Sea crude for August gained one cent to $103.01.

Index futures: Stock exchanges to feature equity derivatives

Source: Tribune | 12-03-2013

Representatives of the Karachi, Lahore and Islamabad stock exchanges signed an agreement on Monday to formally commence trading in stock index futures contracts, with banking, oil and gas, and the Karachi Stock Exchange (KSE)-30 Index as underlying indices. “The derivatives market constitutes 70% of the total trading volume in India. In Pakistan, it..... Read more

PM assures Etisalat CEO of govt assistance

Source: The Nation | 20-12-2012

Prime Minister Raja Pervez Ashraf has said that Pakistan and United Arab Emirates (UAE) enjoy excellent brotherly relations, which can be strengthened further by economic cooperation. Prime Minister expressed these views Wednesday while talking to Etisalat delegation led by Abdul Karim Ahmad Julfar, Group Chief Executive Officer, at the PM House. T..... Read more

Asian shares rally ahead of Fed policy decision

Source: Geo News | 30-10-2013

Asian markets rose on Wednesday and the dollar held up against the yen after another record finish on Wall Street, but trade was cautious ahead of a Federal Reserve policy decision. With few trading cues to drive business, investors took a recent batch of weak US data as enough evidence to suggest the central bank will keep its stimulus programme in place..... Read more

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