Gold price plummets by Rs. 675 per tola

After decrease in the international Gold prices, local price of the commodity also decreased by Rs. 675 per tola, News Trends reported on Wednesday.

According to Sindh Sarafa Association per tola price of Gold has reached Rs.44,900 after the decrease whereas commodity price for 10 gram has decreased by Rs. 579 to reach Rs. 38,485.

On the other hand despite decreased international Silver prices, the local Siver prices maintained their level at Rs.975 per tola. Many fluctuations are being witnessed in the global Gold prices.

Asian stock markets gain amid strong earnings

TOKYO: Most Asian stock markets climbed Wednesday as optimism from strong corporate earnings in the region and elsewhere outweighed fading U.

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Asian stock markets gain amid strong earnings

Afghan govt: Bus hits bomb, killing 25

KABUL: A packed bus hit a roadside bomb in southern Afghanistan on Wednesday, killing 25 people aboard, as NATO announced another U.

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Afghan govt: Bus hits bomb, killing 25

10 bodies, five injured shifted to hospital

ISLAMABAD: An airliner carrying 157 passengers and crew members crashed in Margalla hills after losing contact with the control tower of Islamabad airport.

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10 bodies, five injured shifted to hospital

China currency undervalued but policy sound: IMF

BEIJING: The International Monetary Fund said China’s yuan is undervalued in an assessment Wednesday of its controversial currency controls and praised Beijing’s response to the global crisis.

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China currency undervalued but policy sound: IMF

Oil hovers around 79 dollars in Asia

SINGAPORE: Oil prices dipped in Asian trade after an overnight surge as investors await European banking stress test results for indications of the global economic outlook, analysts said.

New York”s main contract, light sweet crude for September delivery, was down 28 cents at 79.02 dollars a barrel, while London”s Brent North Sea crude for September dropped 38 cents to 77.44 dollars.

World stocks rise on global growth upgrade

LONDON: World markets climbed Thursday on hopes that the global economy will recover faster than expected and as investors prepared for a European Central Bank interest rate meeting.

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World stocks rise on global growth upgrade

Asian markets gloomy over global recovery

TOKYO: Asian stock markets were mixed Tuesday on growing worries the global economic recovery is running out of momentum.

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Asian markets gloomy over global recovery

Oil hovers above $75 as investors eye demand

SINGAPORE: Oil prices hovered above $75 a barrel Tuesday in Asia as traders mulled whether the recovery of the global economy is strong enough to sustain improving crude demand.

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Oil hovers above $75 as investors eye demand

Obama admin to unveil new security strategy

WASHINGTON: President Barack Obama’s administration is to unveil a new national security strategy Thursday making the threat of homegrown extremism an integral part of security policy and stepping back from Bush era war on terror terminology.

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Obama admin to unveil new security strategy

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