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Oil prices fall close to $50
Oil prices dropped on Wednesday, with Brent crude falling close to $50 a barrel, as weak energy demand continued to plague the market, traders said.
Brent North Sea crude for delivery in January was down seven cents at $51.77 a barrel in late af
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Foreign investment down
Net foreign investment inflows to Pakistan fell almost 30 per cent to $1.14 billion in the first four months of fiscal year 2008-09 (July-October).
Foreign private investment fell 30.17 per cent to $1.16 billion in the July to October period,
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Kuwait sets up fund to buy stocks
The government on Tuesday decided to set up a special fund to buy shares on the Kuwait Stock Exchange in a bid to bolster the flagging bourse, the cabinet said.
The government asked Kuwait Investment Authority, which manages the emirate’s esti
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Port Qasim
Three ships were allotted berths at the Qasim International Container Terminal and Multipurpose Terminal, respectively, during the last 24 hours to load and offload containers, cement and wheat.
In the meantime, another container ship also ar
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Karachi market rates
The following were Tuesday commodity market rates in rupees.
Oilseeds
RAPESEED (per 40 kg): Dadulane 1,400 to 1,450; Mirpurlane 1,750 to 1,770; Nawabshah 1,800 to 1,850; Castor Seed (Sindh) 1350 to 1450.
EDIBLE OILS (per 40 kg): Coconut
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