News Highlight Wednesday, April 24, 2024

Washington warns Islamabad against ‘potential risk of sanctions’ amid Iran deals – Negative
https://www.thenews.com.pk/latest/1181404-washington-warns-islamabad-against-potential-risk-of-sanctions-amid-iran-deals

Pakistan central bank likely to delay rate cut until June: Citi – Neutral
https://www.thenews.com.pk/print/1181549-pakistan-central-bank-likely-to-delay-rate-cut-until-june-citi

Pakistan seeks $3.5bn financing from KSA for Diamer-Bhasha dam – Neutral
https://www.thenews.com.pk/print/1181722-pakistan-seeks-3-5bn-financing-from-ksa-for-diamer-bhasha-dam

Pakistan received $9.79b loan from international lenders in nine months – Neutral
https://www.nation.com.pk/24-Apr-2024/pakistan-received-dollar-9-79b-loan-from-international-lenders-in-nine-months

Jul-Mar borrowing stands at $6.899bn – Negative
https://epaper.brecorder.com/2024/04/24/1-page/991240-news.html

No Plan B to IMF bailout: Aurangzeb – Neutral
https://www.thenews.com.pk/print/1181714-no-plan-b-to-imf-bailout-aurangzeb

Forex reserves will reach $9-10bn by June: Aurangzeb – Neutral
https://www.brecorder.com/news/40300052/forex-reserves-will-reach-9-10bn-by-june-aurangzeb

Aurangzeb rules out tax amnesty – Neutral
https://www.thenews.com.pk/print/1181374-aurangzeb-rules-out-tax-amnesty

Fuel price deregulation plan; Refiners warn $6bn upgrades at risk – Negative
https://epaper.brecorder.com/2024/04/24/1-page/991243-news.html

OGRA Announces Increase in RLNG Prices for April 2024 – Negative
https://propakistani.pk/2024/04/23/ogra-announces-increase-in-rlng-prices-for-april-2024/

Gas crisis looms as line pack pressure hits dangerous level – Negative
https://www.thenews.com.pk/print/1181378-gas-crisis-looms-as-line-pack-pressure-hits-dangerous-level

Fatima Fertilizers Announces Big Increase in Urea Prices – Positive
https://propakistani.pk/2024/04/23/fatima-fertilizers-announces-big-increase-in-urea-prices/

Rice exports grew by 83.37%, in 09 months – Positive
https://pakobserver.net/rice-exports-grew-by-83-37-in-09-months/

IT industry to support MoITT in achieving $3.5bn export target – Neutral
https://epaper.brecorder.com/2024/04/24/4-page/991268-news.html

Supertax on rich; SC concerned at ‘no final decision’ by high courts – Neutral
https://epaper.brecorder.com/2024/04/24/1-page/991235-news.html

Expenditure cut steps likely in FY25 budget – Neutral
https://epaper.brecorder.com/2024/04/24/1-page/991237-news.html

US State Dept presents grim picture of rights abuses
https://epaper.brecorder.com/2024/04/24/1-page/991229-news.html

IHC full court decides to give ‘institutional response’ to meddling
https://www.thenews.com.pk/print/1181545-sc-requested-to-direct-govts-to-implement-nap

Iran threatens to annihilate Israel should it launch a major attack
https://epaper.brecorder.com/2024/04/24/12-page/991323-news.html

Senate Sends Aid Package with Iran Oil Sanctions to Biden
https://www.bloomberg.com/news/articles/2024-04-24/senate-sends-aid-package-with-iran-oil-sanctions-to-biden-s-desk?srnd=homepage-asia

Asian Stocks Track US Tech Gains, Eyes on Weak Yen: Markets Wrap
https://www.bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates?srnd=undefined

Oil prices inch up after data shows unexpected drop in U.S. crude stocks
https://www.reuters.com/business/energy/oil-prices-inch-up-after-data-shows-unexpected-drop-us-crude-stocks-2024-04-24/