News Highlight Tuesday, April 16, 2024

Global lender recommends tax policy reforms – Neutral
https://epaper.brecorder.com/2024/04/16/1-page/990521-news.html

WB quantifies Pakistan’s financing needs – Neutral
https://epaper.brecorder.com/2024/04/16/1-page/990523-news.html

Saudi FM arrives amid growing ME tensions – Neutral
https://epaper.brecorder.com/2024/04/16/1-page/990518-news.html

SBP-held foreign exchange reserves see slight decline, stand at $8.04bn – Neutral
https://www.brecorder.com/news/40298585/sbp-held-foreign-exchange-reserves-see-slight-decline-stand-at-804bn

Mideast tensions cloud SBP rate cut hopes with potential oil price surge – Neutral
https://www.thenews.com.pk/print/1178705-mideast-tensions-cloud-sbp-rate-cut-hopes-with-potential-oil-price-surge

Petrol price hiked by Rs4.53, diesel’s by Rs8.14 – Negative
https://epaper.brecorder.com/2024/04/16/1-page/990515-news.html

Petroleum products; Foreign suppliers allowed to maintain inventories in bulk – Neutral
https://epaper.brecorder.com/2024/04/16/16-page/990626-news.html

KE’s TDS arrears; MoF asks PD to provide year-wise details – Neutral
https://epaper.brecorder.com/2024/04/16/1-page/990527-news.html

969MW Neelum-Jhelum project in trouble, again – Negative
https://www.dawn.com/news/1827702/969mw-neelum-jhelum-project-in-trouble-again

Leak of corporate data: Cyber-attack hits Pak Suzuki Motor Company – Neutral
https://www.brecorder.com/news/40298563/leak-of-corporate-data-cyber-attack-hits-pak-suzuki-motor-company

Bank Alfalah submits public intention to acquire majority stake in Samba Bank – Positive
https://www.brecorder.com/news/40298533/bank-alfalah-moves-forward-with-samba-bank-acquisition

‘Defunct’ SME Bank; ECC approves over Rs4.11bn to clear employees’ dues – Neutral
https://epaper.brecorder.com/2024/04/16/1-page/990517-news.html

Major crops at risk; Significant challenges may hit agri growth target – Neutral
https://epaper.brecorder.com/2024/04/16/16-page/990625-news.html

PTI, JUI-F find ‘ideological coordination’ regarding anti-govt movement
https://www.thenews.com.pk/latest/1178686-pti-jui-f-find-ideological-coordination-regarding-anti-govt-movement

Asian Stocks Track US Declines, Eyes on China GDP: Markets Wrap
https://www.bloomberg.com/news/articles/2024-04-15/stock-market-today-dow-s-p-live-updates?srnd=homepage-asia

Oil prices rise as Israel weighs response to Iran attack
https://www.reuters.com/business/energy/oil-prices-rise-israel-weighs-response-iran-attack-2024-04-16/