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Archive for  December 2012

  • Malaysian palm oil futures edged lower on Friday and posted their third straight monthly loss, with investors staying cautious after top analysts warned that record high stocks would weigh on prices in the new year.

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  • Arabica coffee futures sank more than 4 percent on Friday, giving up the week's steep gains, as investor selling triggered automatic sell orders, with the commodity marking its biggest two-month decline in a year. Cocoa

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  • Gold rose on Thursday, recovering in part from the previous session's slide, as better performance in equity markets and underlying uncertainties surrounding the US fiscal crisis increased bullion's investment appeal. Spot gold was up 0.5

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  • Gold edged up on Friday, but prices were on track for their biggest weekly drop since the start of the month with an uncertainty about crucial US talks to avert a fiscal crisis continuing to

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  • Gold edged up on Friday, on course to squeeze out a gain for November, but progress was capped as the market took its cue from hesitant sentiment in stock markets on mixed signals around talks

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  • US wheat futures plunged more than 2 percent on Friday and are on track to post their worst two-month stretch in a year as weak US exports and large deliveries fuelled selling following the run-up

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  • Gold held steady early on Friday, on course to post a slight gain for November, but trading conditions were choppy as the market moved in line with stocks and other so-called risk assets, buffeted by

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Bandits take away Rs 4.9 million from bank

    Robbers looted over Rs 4.9 million from a private bank's branch situated in Administrative Society in Tipu Sultan Area in the jurisdiction of Tipu Sultan Police Station. According to details, a group of six bandits

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on PIAF terms: LHC decision a milestone for economic revival

    Pakistan Industrial and Traders Associations Front (PIAF) on Friday termed the LHC decision a milestone for the economic revival of the country. The PIAF Chairman Sohail Lashari in a statement said that the government should

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Battling economic challenges: education, women empowerment core government responsibilities, says Prime Minister

    The country is battling with difficult economic challenges, but these will not deter it from its core responsibility of education and women empowerment, Prime Minister Raja Pervez Ashraf said on Friday. Speaking at the convocation

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