Shahid Javed Burki, former Vice-President of the World Bank and the Former Finance Minister of Pakistan says both nations must prioritize reviving growth.» Read More
MELBOURNE, Oct 9- Australian shares eked out a 0.1 percent gain early on Tuesday, with support from higher iron ore prices countered by concerns about the global growth outlook after the IMF cut its economic forecasts for the second time since April.
CANBERRA, Oct 9- Australian shares are likely to lack strong direction early on Tuesday, with support from higher iron ore prices and an improvement in China's services sector countered by losses in copper prices and concerns about the global growth outlook.
KARACHI, Oct 8- Pakistani stocks closed lower on Monday as investors booked profits after the announcement of the monetary policy. The Karachi Stock Exchange benchmark 100- share index ended 0.65 percent, or 102.38 points, lower at 15,652.01 on total volume of 118.93 million shares.
SINGAPORE, Oct 8- India's Mangalore Refinery and Petrochemicals Ltd sold a lower sulphur gasoil cargo and offered another, its first such cargoes in more than a year, as it moves away from exporting the polluting high sulphur grade, traders said on Monday.
SYDNEY, Oct 8- Australian shares fell 0.3 percent, ending seven straight sessions of gains, dragged down by resource sectors as investors worried that the coming U.S. earnings season will feature weaker results.
SYDNEY, Oct 8- Australian shares fell 0.3 percent on Monday, ending seven straight sessions of gains, dragged down by commodities and mining sectors as investors' attention turned to the coming U.S. earnings season amid concerns of weaker results. 3.2 percent, while Woodside Petroleum. New Zealand's benchmark NZX 50 index.
SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, with mining stocks losing ground while banks gained, and traders were looking for new momentum drivers as the market consolidated last week's rise to 14- month highs.
SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, in line with a dip on Wall Street where a surprise drop in the U.S. unemployment rate was overshadowed by investor concern about the coming earnings season.
MELBOURNE, Oct 8- Australian shares are expected to open roughly unchanged on Monday, buoyed by a surprise drop in the U.S. unemployment rate, with the market set to consolidate gains that took the benchmark index to a 14- month high last week.
LOS ANGELES-- A film dramatizing the death of Osama bin Laden is set to debut next month on the National Geographic Channel, two days before the presidential election. "Seal Team Six: The Raid on Osama bin Laden," from The Weinstein Co. and Voltage Pictures, will air Sunday, Nov. 4, the channel said Thursday.
Cash differential for the 180- centistoke grade fuel oil flipped into negative territory for the first time in nearly six months, being valued at a discount of 50 cents to Singapore spot quotes, according to Reuters assessment. The refiner bought the parcal from Bakri at a premium of $67.00- $68.00 a tonne to Singapore spot quotes.
SYDNEY, Oct 5- Australian shares rose 0.9 percent to their highest close in more than 14 months on Friday, tracking a fourth day of gains on Wall Street on expectations of positive U.S. payrolls data later in the day.
SYDNEY, Oct 5- Australian shares rose 0.9 percent on Friday, lifted by mining and banking stocks as the market was supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.
SYDNEY, Oct 5- Pakistan's regulator has issued new draft rules for the issuance of sukuk or Islamic bonds, as part of a range of initiatives to boost the Islamic banking sector in the country.
VIENNA, Oct 5- Austrian energy group OMV. OMV and its joint venture partners, Italy's Eni and U.S. power company PPL, will invest 107 million euros to drill and complete new wells and build a new pipeline to connect Latif with its Sawan processing plant.
SYDNEY, Oct 5- The Manila- based Asian Development Bank has signed an agreement with the Islamic Financial Services Board to help member countries adopt the IFSB's prudential standards. In contrast, only seven IFSB members come from Indonesia, Pakistan and Bangladesh, the world's three most populous Muslim-majority countries.
SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.
SYDNEY, Oct 5- Australian shares rose 0.5 percent to 14- month highs early on Friday, with mining stocks rising as the market was supported by a fourth day of gains on Wall Street ahead of the U.S. payrolls report later in the day. New Zealand's benchmark NZX 50 index.
SYDNEY, Oct 5- Australian shares are set to rise after a fourth day of gains on Wall Street, as investors await the release of the closely watched U.S. payrolls report later on Friday.
Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.