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| Oil rises but stays below 72 dollars |
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| LONDON (Agencies): Oil rose almost $1 a barrel on Monday to above $72 as prices rebounded from the previous session’s decline to a near two-month low, supported by a weaker U.S. dollar.
Crude also recovered... Full Story |
| Euro takes breather in Asian trade |
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| TOKYO (Agencies): The euro hovered above an eight-month low in Asian trade on Monday after eurozone finance chiefs reassured their Group of Seven counterparts over Greece's deepening debt troubles, dealers... Full Story |
| Stocks up; volume low after Friday bombs |
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| KARACHI (Agencies): Pakistani stocks ended higher on Monday after positive remarks by the World Bank and India's move for a resumption of talks with Pakistan but dealers said volume was low as investors... Full Story |
| Weekly inflation falls by 0.11 per cent |
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| Monitoring Desk
ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended on February 04, for the lowest income group up to Rs.3,000, has registered decrease of 0.11 percent over the previous... Full Story |
| Gold climbs back above $1,070/oz |
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| LONDON (Agencies): Gold rose in Europe on Monday, rebounding from Friday’s three-month low, as the dollar weakened against the euro, encouraging investors to buy into the metal at lower prices.
Spot gold... Full Story |
| China targets 3% inflation in 2010 |
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| NEW DELHI (Agencies): China aims to limit inflation to about 3 percent in 2010 and is likely to raise banks’ reserve requirements and, eventually, interest rates further to control price pressures, the... Full Story |
| Asian stocks mostly down on European debt woes |
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| HONG KONG (Agencies): Concerns over Europe's debts woes continued to weigh on most Asian markets Monday while weaker-than-expected US jobs data also led to fears over the pace of recovery in the world's... Full Story |
| German tax cheat gets $10m |
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| VADUZ (Agencies): A court has ordered a former subsidiary of Liechtenstein's LGT bank to pay over euro7.3 million ($10 million) to a client for failing to inform him that his confidential details had been... Full Story |
| Kuwait Cb cuts repurchase rates |
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| KUWAIT CITY (Agencies): The Central Bank of Kuwait on Monday cut its one-week and one-month repurchase rates by 25 basis points each in a bid to expand money supply, a day after reducing the benchmark... Full Story |
| Greece readies tax change |
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| ATHENS (Agencies): Hopes that that Greece won't be allowed to default on its crushing debt load weighed against fears the country's crisis would spread through the 16-country euro zone, as the government... Full Story |
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