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Canada trade deficit hits record Can$4.1 bln in March

Ottawa: Canada’s trade deficit with the world widened from Can$2.9 billion (US$2.3 billion) in February to a record Can$4.1 billion (US$3.2 billion) in March, official data released Thursday showed. The deficit was more than double what analysts had forecasts, and marked a month of record trade with countries other than ...

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Dubai stocks dive to 27-month low

Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels. The Dubai Financial Market Index ended the day’s trading down 1.83 percent on 2,947.99 points breaching the 3,000-point psychological barrier. The Dubai bourse, the most ...

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Govt cuts sales tax on petroleum products

The federal government has decided to reduce the sales tax on petroleum products, according to a notification issued Monday. General sales tax on petrol has been slashed by six percent and five percent on kerosene oil and light diesel. The GST on high speed diesel was kept unchanged at 27.5%. ...

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Canada’s stock market set to reopen after rare shutdown

Canada’s stock exchange, the world’s sixth largest, is set to reopen on Monday after its operator said over the weekend that it fixed the error that halted the market for several hours on Friday afternoon. The rare outage on Friday disrupted Canada’s stock trading, sending investors to rival platforms, and ...

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Economy class introduced in Green Line express

RAWALPINDI: Pakistan Railways has introduced economy class in Green Line express. The railway department has also reduced 10 percent fares of business class for the Green Line passengers recently. According to Divisional Commercial Officer (DCO) Pakistan Railways, Raza Ali Habib, 24 seats of economy class with 18 berths would be ...

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