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April 26, 2007 Thursday Rabi-us-Sani 08, 1428 Formation of autonomous statistical body put off KARACHI, April 25: Formation of an autonomous and professional statistical organisation has been put off for at least three years as government now plans to organise a countrywide population census in October next.... Moody’s upgrades ratings of 4 banks KARACHI, April 25: Moody’s has upgraded ratings of four Pakistani big banks reflecting their increasingly stronger financial fundamentals.... Pakistan not to get much from the deal: ABN Amro-Barclays merger KARACHI, April 25: Pakistan will be the least beneficiary of proposed merger of ABN Amro and Barclays banks. However, India would get more jobs and the rest of the world would see a cut in jobs.... Several companies announce results KARACHI, April 25: With the current reporting season in full bloom, several companies commanding investor interest announced their results on Wednesday.... EU-Pakistan commission being revived ISLAMABAD, April 25: The European Union-Pakistan Joint Commission is being revived after over 10 years amid warming of ties between the two and accompanies an enhanced 200 million euros EU assistance package for poverty-alleviation and human resource development.... UN report seeks removal of snags in exports ISLAMABAD, April 25: Lack of compliance to international standards and endemic corruption in government departments are the potential impediments to the growth of exports in the country, reveals a United Nations Industrial Development Organisation (Unido) report.... Fed sees moderate expansion WASHINGTON, April 25: The US economy is seeing an expansion that is “only modest or moderate” with softness in real estate, manufacturing and auto sales in many regions, the Federal Reserve said in its Beige Book on Wednesday.... Kuwait to invest in refinery, LPG terminal at Gwadar ISLAMABAD, April 25: Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon has appreciated Kuwaiti Midrock Company''s $2 billion investment in lube oil refinery, naphtha cracker and petrochemical complex at Port Qasim.... Stocks finish with clipped gains on CFS worries KARACHI, April 25: The share market on Wednesday maintained a positive outlook but worries over enhancement of CFS financing limit took their toll slowing down the overnight run-up.... CBR to clear Rs11.4bn refunds by June ISLAMABAD, April 25: Chairman Central Board of Revenue (CBR) M Abdullah Yousuf on Wednesday asked the commissioners of income tax and directors general of large taxpayer units (LTUs) to clear pending refunds of Rs11.4... Karachi Port operations KARACHI, April 25: Six ships carrying general cargo, containers and to load rice are due to arrive at the outer anchorage on Thursday, according to KPT sources.... Port Qasim KARACHI, April 25: Brisk berthing activity was observed at the port where six ships to load and offload containers, rice, edible oil and iron ore were accommodated berths during the last 24 hours.... Trading in new crop resumes KARACHI, April 25: The trading in the new crop resumed on the cotton market on Wednesday as a local spinner finalised a maiden forward deal with a lower Sindh ginner.... Euro close to record high against dollar LONDON, April 25: The euro came within striking distance of its record level against the dollar on Wednesday, with analysts predicting a breakthrough of the historic 1.3666-dollar... SECP elected to corporate register forum ISLAMABAD, April 25: The Securities and Exchange Commission of Pakistan (SECP) has been elected as the member of the executive committee of the Corporate Register Forum (CRF), a global association for administration of corporate and securities registers.The... Canada backs US on IPR enforcement in China OTTAWA, April 25: Canada has asked to participate as a third party in World Trade Organisation consultations on China''s enforcement of intellectual property rights, Trade Minister David Emerson said on Wednesday.... Boeing profits up 28 per cent CHICAGO, April 25: Boeing Co. said on Wednesday its first-quarter profits lifted 28 per cent from a year ago to $877 million and that future results will be helped by strong demand for its “Dreamliner” airplane.... Ratings KARACHI, April 25: JCR-VIS Credit rating Company Limited has assigned a preliminary medium to long-term rating of ‘A’ (Single A) with a ‘stable’ outlook to the proposed secured and privately placed issue of term finance certificates (TFCs) of Kashf Foundation.... European shares higher LON DON, April 25: Europe''s main stock markets headed higher on Wednesday as investors reacted to news of a takeover battle for control of Dutch banking titan ABN Amro, dealers said.... Asian stocks mixed HONG KONG, April 25: Asian stocks closed mixed on Wednesday with investors continuing to consolidate as the current corporate earnings season gets underway....

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