2014年8月24日 星期日

2014-08-25 Pakistan Business

  Pakistan Today   
Govt taking steps to promote Islamic banking: expert  Pakistan Today
The government is taking meaningful steps to promote Islamic finance which will soon transform Pakistan as a world leader in this sector, an industry expert said on Sunday. Currently, Pakistan ranks ninth globally in terms of development of the Islamic ...


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  The Nation   
Protests damaging country's image, economy: Bossan  Daily Times
MULTAN/ISLAMABAD: Federal Minister for National Food Security and Research Sikandar Hayat Bossan said the politics of protests was damaging the country. Addressing an open court at Union Council 127 Qasim Bela, Sikandar Bossan said the country ...

Political crisis: Pakistan to lose ranking in various indexes   International News Network

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  Pakistan Today   
Pakistan resumes crude oil export to India after a decade  Pakistan Today
After a gap of 10 years, Pakistan has resumed export of crude oil to India with the output touching an all-time high, an Indian media report said on Sunday. The output in June reached highest at 98,000 barrels per day (bpd), an increase of 22 per cent from last ...

Pakistan resumes crude oil export after a decade From Sajjad Hussain   Financial Express
Pakistan resumes crude oil export after a decade   IBNLive

all 9 news articles »   

  Reuters   
Fed under pressure to increase interest rate  Gulf Daily News
WASHINGTON: Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the US economy and lay the groundwork for the central bank's first interest rate increase in nearly a ...

At A Glance Takeaways From Jackson Hole 2014   Wall Street Journal (blog)
Intense debate swirls over US interest rate advance   Irish Independent
What does Jackson Hole mean for Asia's businesses?   BBC News
AsiaOne   
Sky News Australia   
Reuters Canada   
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  Business Recorder   
Metlifecare profit up  Radio New Zealand
Metlifecare's profit rose 42 percent in the year ended June, due to improved efficiencies and other benefits associated with changes to its property portfolio. The company is New Zealand's second largest retirement village provider. The $69 million profit, at the ...

Metlifecare boosts earnings 37%, at top end of guidance, appoints Kim Ellis as ...   National Business Review (subscription)
Metlifecare ramps up development   Stuff.co.nz
NZ's Heartland year profit rises   Reuters
New Zealand Herald   
Business Recorder   
Voxy   
all 14 news articles »   


Volatility witnessed  Business Recorder
The Karachi share market remained volatile during the last week ended on August 22, 2014 as the market participants continued to remain anxious over the ongoing sit-ins in Islamabad. Followed by prevailing political uncertainty in the country, the ...

KSE to act on political developments next week   Daily Times

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  Pakistan Today   
Tax evasion scandal detected in city  Pakistan Today
A tax evasion and duties scandal involving millions of rupees was detected after the seizure of 14 imported containers. Official sources said on Sunday that it was brought to notice of DG Customs Intelligence and Investigation, Lutfullah Virk, that a gang had ...


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  Gulf Times   
Jordan debt surges 5.2% to touch $28bn in H1  Gulf Times
Jordan's gross domestic and foreign debt rose 5.2% to 20bn dinars ($28bn) in the first six months of the year from the end of last year as the kingdom tapped more foreign funds to help its economy cope with an influx of Syrian refugees, finance ministry ...

Jordan's debt rises 5.2% to USD28bn in H1   Zawya (registration)

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Retail investors pay price as hedge funds dominate ETFs  Business Recorder
Junk-bond ETFs created for retail investors have been hijacked by hedge funds using them to make broad bets on bond prices, causing roller-coaster distortions in the high-yield market. Funds designed for retail investors have morphed into hedging tools that ...

Avoid hedge funds' ETF termite problem   InvestmentNews

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Fitch downgrades Ukraine local currency  Business Recorder
Fitch Ratings on Friday downgraded Ukraine's local currency sovereign credit rating one notch to CCC from B-minus, citing an ongoing political transition and fighting with Russian-backed separatists for wreaking havoc on its economy. "Instability in the east ...

Fitch: Ukraine's Credit Rating Falls From B- to CCC   Israel Diamond Portal

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