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Thursday, September 09, 2010, Ramadan 29, 1431 A.H
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Oil falls below $74 on EU debt worries
SINGAPORE (Agencies): Oil prices skidded below $74 a barrel Wednesday in Asia as traders followed regional stocks down on reports European banks may be saddled with more debt than previously estimated. Benchmark... Full Story
PSO seeks up to 200,000t gasoline for Oct-Dec
ISLAMABAD (Agencies): Pakistan State Oil (PSO) is seeking up to 200,000 tonnes of 87-octane gasoline for October-December 2010 delivery to meet robust domestic demand and plug a supply shortfall, traders... Full Story
Dollar hits 15-yr low vs yen, euro struggles
TOKYO (Agencies): The yen struck a fresh 15-year high against the dollar and edged closer to a nine-year peak against the euro on Wednesday on a flare-up in worries over euro zone banks, prompting market... Full Story
Gold eyes record high as risk appetite retreats
LONDON (Agencies): Gold prices rose towards record highs in Europe on Wednesday as concerns over the European banking system weighed on appetite for assets seen as higher risk, like stocks, and diverted... Full Story
Pakistan has rice available for export: dealers
ISLAMABAD (Agencies): Pakistan will have up to 3 million tonnes of rice available for export this year despite the worst floods in its modern history that damaged nearly 28 percent of the crop, traders... Full Story
Dubai living now more affordable
DUBAI (Agencies): Dubai now ranks as a more affordable city in the world for expatriates due to a sharp decline in cost of living in the emirate, thanks to falling property rents, according to a global... Full Story
Toyota recalls 116,000 vehicles
SYDNEY (Agencies): Toyota Wednesday announced a safety recall of more than 116,000 four-wheel-drive HiLux vehicles in Australia, following concerns that the vehicles might be damaged if used frequently... Full Story
5.3m jobs affected by the floods: ILO
ISLAMABAD (Agencies): More than 5.3 million jobs may have been lost or affected as a result of the worst ever floods in the history of Pakistan that devastated more than 70 districts of Pakistan, the International... Full Story
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