Source: Reuters PESHAWAR, May 31 (Reuters) - An explosion near a roadside bazaar in the Mohmand tribal region of northwest Pakistan killed at least three people on Saturday, a witness said. A local government …
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Pakistan News
WASHINGTON: Expectations regarding fall in oil prices and US economy gaining pace pushed the US stocks this week ending in the positive zone.Dow Jones industrial average rising this week by 1.3 percent and SP-500 index by 1.75 percent closed at 12,638 and 1,400 points respectively. Analysts attributed this buoyancy to the recent decline in oil prices and hopes for US economy making a turnabout. In the month of May, Nasdaq surged by 4.5 percent and SP by 1 percent, while Dow recorded decline by 1.4 percent on monthly basis.
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Defence ties between Pakistan and the United States will remain strong through the next administration despite tough talk from US presidential candidates looking to review the relationship, a top Pakistan military official said.
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ISLAMABAD - Despite repeated denials by the beleaguered President Pervez Musharraf over the last three days, Pakistan remained abuzz on Saturday with rumours of his almost inevitable stepping down.
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KARACHI: Dollar at the onset of the open market today was seen being sold in the ready market and telegraphic transfer at Rs68.00 and Rs68.50. Other currencies as against rupee exchanged rates are: British Pound at Rs134.75, Euro at Rs106, Japanese Yen at Rs0.606, Emirates Dirham at Rs18.60, Saudi Riyal at Rs18.20, while Canadian dollar was sold at Rs68.45.
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