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Oil prices slip in Asian trade

Source: GEO News | 12-06-2013

SINGAPORE: Oil prices fell in line with Asian equities on Wednesday following the Bank of Japan's decision to hold off unveiling any fresh economic stimulus, analysts said.

New York's main contract, light sweet crude for delivery in July dropped 61 cents to $94.77 a barrel and Brent North Sea crude for July delivery shed 39 cents to $102.57 in mid-morning trade.

AFP

24-hour trade via Wagah border to begin in few weeks: Dastagir

Source: Geo News | 19-01-2014

The Minister for Commerce, Khurram Dastgir, has said that understanding between Pakistan and India to accelerate steps to promote bilateral trade would benefit both countries. Talking to newsmen at Wagah border on his return from New Delhi on Saturday‚ Dastagir said that during his meeting with his Indian counterpart‚ they agreed to provide no..... Read more

Rally at KSE continues; Index hits new height at 22,080 points

Source: GEO News | 03-06-2013

ARACHI: The bull-run continued at the local bourse, as the benchmark KSE 100-share Index set a new record on Monday by closing at an unprecedented level of 22,080 points after gaining 258 points. The new government’s apparent resolve to bring improvement on the economic front prompted the stock traders to inject more investment into the local eq..... Read more

Neelum-Jhelum Hydropower Project: Officials opposing costly loan agreement removed

Source: Dawn News | 14-03-2013

Two days before the end of its five-year tenure, the government is likely to sign a $500 million commercial loan agreement with a foreign bank to finance the $2.8 billion Neelum-Jhelum Hydropower Project of 969MW capacity. According to an official, the agreement is being finalised at about eight per cent interest that works out to about 15 per cent afte..... Read more

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