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  • It’s not only about the security and a guarantee

    It’s not only about the  security and a guarantee

    Last Friday, I came across an article published online titled ‘Only 25 per cent of bonds listed on Stock Exchange are secured’, which stated that “only a quarter of the outstanding bonds listed on the Malta Stock Exchange are secured, with just...

  • Resurgent dollar sends commodities reeling again

    The dollar resumed its rise yesterday, surging to new 13-month highs and upping pressure on commodities, emerging markets and global stocks, though the Turkish lira managed out to eke out a second day of gains. Wall Street futures pointed to a...

  • Blockchain opportunities

    Blockchain opportunities

    FinanceMalta and Blockchain Malta have joined forces to organise a second series of events focusing on the financial opportunities and applications of the emerging technologies pertaining to blockchain and cryptocurrency. The first event in the...

  • Ex-MFSA official is Malta Bankers’ Association’s general secretary

    Karol Gabarretta took over  as general secretary of the Malta Bankers’ Association on July 23. He succeeded James Bonello who retired after 14 years in office. Mr Gabarretta will be representing the association on a number of local bodies, such as...

  • Shipping movements

    The following ships are expected in Malta: The CMA CGM  Blue Whale from Piraeus to Aliaga, the Okee August from Aliaga to Annaba, the CMA CGM Gemini from Genoa to Beirut, the Louisa Schulte from Dekheila to Algiers (all CMA CGM Malta Agency Ltd),...

  • Pay for Britain's top bosses rises 23 per cent

    Pay for Britain's top bosses rises 23 per cent

    Pay packages for the bosses of Britain’s 100 biggest listed firms rose 23 percent over the past year, fuelled by payouts for the CEOs of house builder Persimmon and industrial firm Melrose Industries, a survey showed on Wednesday. Excessive...

  • Shares regain footing as lira pulls out of nosedive

    World share markets fought to regain their footing yesterday, as Turkey’s lira pulled out of its recent nosedive and reassuring data from Germany helped offset the latest wobbles in China’s giant economy. After three weeks of heavy pounding,...

  • BOV share price moves back to its multi-year low

    BOV share price moves back to its multi-year low

    The MSE Equity Price Index trended higher for the first time in four days as it rebounded by 0.46% to 4,306.374 points on Tuesday. Today’s gain was due to the uplift in the share price of IHI which outweighed the declines in BOV and Trident.

  • World equities slip on currency woes in Turkey

    Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure yesterday, while gains in large US technology companies kept benchmark indexes slightly higher. German bond prices, meanwhile, were...

  • Money market report for the week ended August 10

    On August 6, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on August 7 and attracted bids from euro area eligible counterparties of €2.75 billion, €0.20 billion higher than the bid...

  • MSE Equity Price Index drops to 3-month low

    MSE Equity Price Index drops to 3-month low

    The MSE Equity Price Index trended lower for the third consecutive trading session declining by a further 1.27% to a three-month low of 4,286.888 points. Most of today’s decline was due to the drops in the share prices of HSBC (-4.8%) and BOV...

  • Some summer gripes

    Some summer gripes

    Summer is good for most businesses, perhaps even better than Christmas. Tourist numbers continue to increase, more locals take their holidays abroad, and children are off school and nudging their parents to take them to the beach where they can...

  • Shipping movements

    The following ships are expected in Malta: The Eemsdijk from El Khoms to Sousse, the CMA CGM Musset from Kopper to Port Said, the APL Oregon from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MV Euroferry Olympia from Salerno to Salerno,...

  • Fateful death of a salesman

    Fateful death of a salesman

    When Sergio Marchionne, CEO of Fiat Chrysler Automobiles, died last month after a failed surgery in a Zurich hospital, newspapers all over the world lamented the death of a ‘rock star’ – not a moniker one would usually attribute to a hard-working...

  • Do not fear a trade war (part 1) - Josef Portelli

    Do not fear a trade war (part 1) - Josef Portelli

    Anyone following the international news could not have missed the fact that frictionless trade between the world’s major economic powers and access to one another’s domestic markets are under attack. The use of the phrase ‘trade war’ is on the...

  • Tirrenia introduces two new vessels on Genoa-Malta route

    Tirrenia introduces two new vessels on Genoa-Malta route

    Two new vessels will be introduced on the Tirrenia route from Genoa to Malta by the beginning of next year. Just weeks after rival firm Grimaldi accused the parent company Onorato Armatori of having an ageing fleet, the Italian company rebutted by...

  • HSBC records drop in short-term profits

    HSBC records drop in short-term profits

    The MSE Equity Total Return Index surrendered the previous week’s gain having declined by 1.43 per cent last week, closing at 8,605.25 points. In the equity market, a total of 16 securities were active, of which gainers and fallers amounted to six.

  • German industrial output declines in June

    German industrial production declined in June by slightly more than expected, led by a sharp drop in construction output. Total industrial output (which comprises output in manufacturing, energy and construction) fell by 0.9 per cent from May,...

  • Launch of Maritime Seed Award

    Launch of Maritime Seed Award

    Malta Marittima, together with the University of Malta, will be launching the Maritime Seed Award (MarSA) with the support of the University’s Knowledge Transfer Office, Takeoff Business Incubator and Centre for Entrepreneurship and Business...

  • Accountants ‘provide peace of mind’

    Accountants have to be the enabling partners to their clients and stakeholders, and help them harness disruption by providing the necessary peace of mind, William Spiteri Bailey, the newly re-elected president of the Malta Institute of...