News Highlights Friday, October 4, 2024

Pakistan eyes China, Gulf investment – Neutral
https://tribune.com.pk/story/2500529/pakistan-eyes-china-gulf-investment

SIFC umbrella: Pakistan expects $27bn for projects over five years, says Ahsan – Neutral
https://www.thenews.com.pk/print/1236647-sifc-umbrella-pakistan-expects-27bn-for-projects-over-five-years-ahsan

SBP forex reserves surge by $1.17b, reach 2.5-year high – Positive
https://tribune.com.pk/story/2500456/sbp-forex-reserves-surge-by-117b-reach-25-year-high

IPPs talks status remains under wraps – Neutral
https://epaper.brecorder.com/2024/10/04/1-page/1009738-news.html

Industries assured of power supply – Neutral
https://tribune.com.pk/story/2500532/industries-assured-of-power-supply

Rs250m spent without selling a single Disco – Neutral
https://www.dawn.com/news/1862948/rs250m-spent-without-selling-a-single-disco

Cement sales decline – Negative
https://www.dawn.com/news/1862946/cement-sales-decline

Tariq Glass to invest Rs1bn in Baluchistan Glass – Positive
https://mettisglobal.news/tariq-glass-to-invest-rs1bn-in-baluchistan-glass/

Govt hopes to earn $200m from meat exports to Malaysia – Positive
https://www.dawn.com/news/1862916/govt-hopes-to-earn-200m-from-meat-exports-to-malaysia

Manufacturing HIV drug in Pakistan: Ferozsons partners with US-based Gilead – Positive
https://www.brecorder.com/news/40325266/manufacturing-hiv-drug-in-pakistan-ferozsons-partners-with-us-based-gilead

Cotton imports set to surge as output drops 60pc – Negative
https://www.dawn.com/news/1862949/cotton-imports-set-to-surge-as-output-drops-60pc

SC annuls its verdict on Article 63(A) interpretation: Way cleared for constitutional amendments
https://www.thenews.com.pk/print/1236597-sc-annuls-its-verdict-on-article-63a-interpretation-way-cleared-for-constitutional-amendments

PTI vows to hold protest demo at D-Chowk
https://epaper.brecorder.com/2024/10/04/16-page/1009856-news.html

Asia shares fall, oil set for weekly gains on Mideast risks
https://www.reuters.com/markets/global-markets-wrapup-1-2024-10-04/

IMF says escalation of Middle East conflict poses significant economic risks
https://www.reuters.com/world/middle-east/imf-says-escalation-middle-east-conflict-poses-significant-economic-risks-2024-10-03/