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  • EU rules on NPLs to give banks eight years to write down secured loans - source

    EU rules on NPLs to give banks eight years to write down secured loans - source

    A draft proposal by the European Commission to tackle the bloc's stock of bad bank loans gives lenders eight years to write down impaired debts backed by collateral, a source familiar with the matter said on Friday. Confirming a press report in...

  • The Fixed Income asset class and market volatility

    The Fixed Income asset class and market volatility

    Investors who are continuously on the ball in terms of monitoring the current market movements, by now have most probably tested their nerves due to the recent volatility, as market expectations of inflation have risen drastically. As I have...

  • The art of subjectivity

    The art of subjectivity

    One of the training and developing programmes I enjoy greatly delivering is one which relates to the leadership of change. This is because it provides me with the opportunity to emphasise the importance of balancing the technical dimension of any...

  • China's Huawei set to lead global charge to 5G networks

    China's Huawei set to lead global charge to 5G networks

    China's Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite US allegations it poses a security...

  • How General Electric gambled on fossil fuel power and lost

    How General Electric gambled on fossil fuel power and lost

    Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power’s revenue and profit would rise. Showing...

  • South Korea regulator flags better deal for cryptocurrency industry

    South Korea regulator flags better deal for cryptocurrency industry

    A better deal for South Korea’s cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology. The regulator said...

  • New US dollar correspondent bank

    The Bank of New York Mellon has been appointed as BNF Bank’s international partner, authorised to provide international funds transfer payment services to US dollar on its behalf. The Bank of New York Mellon is a leading American worldwide banking...

  • Equity markets rise, yields drop

    World stock markets advanced yesterday, with US shares rebounding from a day earlier and bond yields easing off highs, following more cautious talk about the potential for interest rate increases this year. Oil prices also rose as the US dollar...

  • MIA announces approval of master plan

    MIA announces approval of master plan

    The MSE Equity Price Index extended Wednesday's decline of 0.33 per cent by a further 0.45 per cent to 4,457.252 points as most active equities moved lower. Meanwhile, HSBC was the only positive performer whilst RS2 Software plc closed the day...

  • Brexit bill could by £4-£5 billion in transition runs into 2021

    Brexit bill could by £4-£5 billion in transition runs into 2021

    Britain could be stung with an extra £4-£5 billion Brexit "divorce bill" if a post-withdrawal transition period runs into 2021, MPs have warned. The European Scrutiny Committee said prolonging the "status quo" transition beyond the EU's preferred...

  • German court to decide on fate of 15 million diesel cars

    German court to decide on fate of 15 million diesel cars

    Germany's highest administrative court in Leipzig will on Thursday decide the fate of 15 million diesel vehicles in the country when it rules on whether cities in Europe's largest car market can ban heavily polluting cars. Diesel-engine cars have...

  • Permanent addiction to interest payments

    At a recent presentation to Maltese equity investors I sarcastically depicted the typical reaction from a local investor when confronted by the option of capital growth versus interest payments. Everyone laughed and probably most understood, but I...

  • The start of the financial reporting season

    The start of the financial reporting season

    Earlier this week the financial reporting season commenced with the publication of the annual financial statements of HSBC Bank Malta plc while Malta International Airport plc released its results yesterday. The purpose of this article is not to...

  • Investment and finance stakeholders promote Malta in Paris, Lille

    Investment and finance stakeholders promote Malta in Paris, Lille

    Representatives from Malta Enterprise, Finance Malta, the Maltese French Chamber of Commerce and the Malta Tourism Authority were in France on January 30-31 to address business events organised by the Embassy of Malta. French entrepreneurs and...

  • Promoting financial literacy

    For the fourth year running, the Malta Bankers’ Association (MBA) is organising a series of events and activities in preparation for the European Money Week, being held between March 12-18. Money Week is an initiative of the European Banking...

  • Index brings wave of relief to bond markets

    German bond yields hit two-week lows yesterday as weaker-than-expected business activity data from the euro area eased concern that ultra-easy monetary policy in the bloc could end sooner rather than later. Long-term borrowing costs across the...

  • Shipping movements

    The following ships are expected in Malta: The CMA CGM Puget from Algeciras to Salerno, the Okee Ann Mari from Aliaga to Bejaia (both CMA CGM Malta Agency Ltd), MV Eurocargo Venezia from Genoa to Genoa (Sullivan Maritime), the Antwerp from Algiers...

  • Britain wants to discuss length of Brexit transition with EU - document

    Britain wants to discuss length of Brexit transition with EU - document

    Britain wants to discuss with the European Union the length of any post-Brexit transition period, saying its government agrees it should be around two years but must be long enough to prepare "new processes" and "new systems". Britain is due to...

  • Final version of $10 trillion Trans-Pacific trade deal released

    Final version of $10 trillion Trans-Pacific trade deal released

    The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific's fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the United...

  • Are you ready for new data protection laws?

    Are you ready for new data protection laws?

    Data protection law hasn’t undergone a significant update since the EU brought in legislation in 1995 – just six years after the birth of the World Wide Web. But GDPR is about to shake things up. Now, 23 years later, the new law – known as the...