News Highlights Wednesday, August 28, 2024

Riyadh offers 15% equity investment in Reko Diq – Positive
https://tribune.com.pk/story/2491310/riyadh-offers-15-equity-investment-in-reko-diq

Govt fails to secure $9b loan rollovers – Negative
https://tribune.com.pk/story/2491581/govt-fails-to-secure-9b-loan-rollovers

Pakistan seeks up to $20bn in G2G investment – Neutral
https://www.thenews.com.pk/print/1224582-pakistan-seeks-up-to-20bn-in-g2g-investment

Govt eyes $4bn from Mideast banks: SBP – Neutral
https://epaper.brecorder.com/2024/08/28/1-page/1005004-news.html

$8bn CPEC debt re-profiling plan being prepared – Neutral
https://epaper.brecorder.com/2024/08/28/1-page/1005006-news.html

Petroleum Div distances itself from no-gas policy to CPPs – Neutral
https://www.dawn.com/news/1855186/petroleum-div-distances-itself-from-no-gas-policy-to-cpps

Discos, KE domains; Nepra sets up panel to probe Jan-Jun overbilling – Neutral
https://epaper.brecorder.com/2024/08/28/1-page/1005003-news.html

Senate body calls for forensic audit of IPPs – Neutral
https://epaper.brecorder.com/2024/08/28/12-page/1005127-news.html

Privatisation of power utilities sought – Neutral
https://tribune.com.pk/story/2491590/privatisation-of-power-utilities-sought

Auditor general of Pakistan pinpoints Rs4.5tr leakages in power sector – Negative
https://www.dawn.com/news/1855024/auditor-general-of-pakistan-pinpoints-rs45tr-leakages-in-power-sector

Interest rate cuts fail to stimulate private sector borrowing – Neutral
https://www.dawn.com/news/1855189/interest-rate-cuts-fail-to-stimulate-private-sector-borrowing

Sports goods sector promised tax relief – Positive
https://tribune.com.pk/story/2491264/sports-goods-sector-promised-tax-relief

Govt to support bill seeking increase in number of SC judges?
https://epaper.brecorder.com/2024/08/28/12-page/1005123-news.html

Balochistan plunges deeper into militancy vortex
https://www.dawn.com/news/1855006/balochistan-plunges-deeper-into-militancy-vortex

Oil Edges Up After Technical Drop as US Stockpiles Seen Falling
https://www.bloomberg.com/news/articles/2024-08-27/latest-oil-market-news-and-analysis-for-aug-28

Stocks in Asia Edge Lower as Traders Await Nvidia: Markets Wrap
https://www.bloomberg.com/news/articles/2024-08-27/stock-market-today-dow-s-p-live-updates?srnd=phx-markets