A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — ReutersCrude oil prices rose more than 5% on Monday.Trump says US Navy controls the Strait of Hormuz.Oil, products exports through Hormuz fell to 3m bpd last week. Oil…
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SOEs witness 300% surge in FY25 net losses; 25 post Rs832bn in aggregate losses
A man counts rupee notes at a currency exchange shop in Peshawar on September 12, 2023. — Reuters Net losses climb to Rs123bn in FY25 compared to Rs30.6bn in FY24.NHA incurs highest loss of Rs294.9bn followed by Qesco’s Rs112bn.Pakistan Railways report loss of…
Goods transporters suspend nationwide strike for 40 days after govt assurances
Trucks are seen parked during a strike called by the Goods Transporters Association on Maripur Road in Karachi. — Online/FileToll tax review committee to be formed: Aleem Khan.Petroleum pricing to be revised every 15 days or monthly, assures govt.10-wheeler trucks to be allowed…
PSX closes marginally up on institutional buying, reforms
Stockbroker monitors share prices during a trading session at the Pakistan Stock Exchange in Karachi, January 21, 2025. — INP
KSE-100 Index closes at 147,005.32 points, up 75.48 points, or 0.05%.Index hits intraday high of 147,976.98 points, gaining 1,047.14 points, or…