MCB Bank Limited is pleased to announce its financial results for the quarter ended March 31, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed and approved the Bank’s financial stateme
Nestlé Pakistan net sales for the three-month period ended March 31, 2026, amounted to PKR 54 billion, representing a healthy growth of 7.2 percent, said the results announced at a meeting of the Board of Directors. The sales performance was driven by accelerated investment behind the brands, and targeted trade executions, capitalizing on Ramazan and Eid occasions, the meeting was informed whic
Asia shares struggled on Friday and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled US-Iran peace talks gave investors little to cheer. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% and was set to end the week with a 0.8% gain, while Japan’s Nikkei added 0.45% and stocks in South Korea, China and Hong Kong fell. Nasdaq futures a
Pakistan’s central bank is expected to hold its key policy rate at 10.5% at its upcoming meeting, according to a Reuters poll, though some analysts warn that rising oil prices from the Iran-US conflict could prompt the first rate hike in nearly two years. Six of the 10 analysts surveyed expect the State Bank of Pakistan (SBP) to keep the rate unchanged in its next meeting on Monday, while three
Market analysts expect the State Bank of Pakistan (SBP) to keep the policy rate unchanged at 10.5% in its upcoming Monetary Policy Committee (MPC) meeting to be held on Monday. “The world is negotiating peace amid uncertainty; therefore, at a time like this, we believe policy must continue to lean toward discipline over impulse. We expect the SBP to keep the policy rate unchanged at 10.5% in th