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Oil prices mixed ahead of US crude inventory report

Source: Geo News | 07-08-2013

SINGAPORE: Oil prices were mixed in Asian trade Wednesday as investors awaited the latest US crude stockpiles data for clues about demand from the world's biggest oil consumer, analysts said.

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

September, was up six cents at $105.36 a barrel in mid-morning Asian trade, and Brent North Sea crude for September shed 10 cents to $108.08.

Energy: Power generation capacity expected to jump 46% by 2018

Source: Tribune | 08-04-2013

After five years of unbearably long daily power outages, Pakistan’s private sector has had enough: over the next five years, they plan on investing over $14.3 billion in increasing the nation’s power production capacity by nearly 46%, and they are doing so by investing in the cheapest possible sources of electricity. According to data rele..... Read more

Dollar, euro hold steady in Asia

Source: Geo News | 02-07-2013

TOKYO: The dollar and euro dipped against the yen in Asia Tuesday after enjoying a pick-up in New York on upbeat manufacturing data in the United States and Europe. Strength in the world's biggest economy is a key factor behind the timeline for the US Federal Reserve to wind down its massive stimulus drive, a move that would likely push the dollar h..... Read more

Rs 100b released under PSDP so far

Source: The Nation | 18-12-2012

The Planning Commission of Pakistan has so far released Rs 100 billion under its Public Sector Development Programme (PSDP) against the total allocation of Rs.233 billion for the fiscal year 2012-13. Out of total, Rs 55.4 billion have been released for 345 infrastructure development projects while Rs 41.5 billion for 687 social sector projects, a..... Read more

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