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  • Awarded for excellence

    Awarded for excellence

    The Global Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial community. The awards were created to recognise companies of all sizes which are prominent in...

  • Sterling holds above $1.32 with all eyes on Brexit

    The British pound rose back above $1.32 yesterday as investors eyed receding no-deal risks on another day of high drama in the long-running Brexit saga. Europe's stock markets turned higher in afternoon trading, while Wall Street also climbed at...

  • Shipping movements - March 28, 2019

    The following ships are expected in Malta: The CMA CGM Rio Grande from Algeciras to Genoa, the BF Nilou from Misurata to Tunis, the APL Minnesota from Suez Canal to La Spezia (all CMA CGM Malta Agency Ltd), the JSP Sleipner from Algiers to...

  • Banks get regulatory help to assess risk of Fintech customers

    Banks get regulatory help to assess risk of Fintech customers

    Malta's financial regulator has launched a consultation document designed to help credit institutions, payment providers and electronic money institutions better understand how to handle account opening requests from Fintech firms.  The document,...

  • What does an inverted yield curve mean?

    What does an inverted yield curve mean?

    An inverted yield curve is an interest rate environment through which longer-term debt instruments have a lower yield than short-term debt instruments of the same credit quality. This type of yield curve is considered to be a predictor of economic...

  • Global leader in customer service

    KPMG has been named a global  ‘leader’ among customer service consulting providers in a new report by ALM intelligence.  The ALM Vanguard report ranks customer service consulting firms based on their capabilities to create client impact through...

  • Fimbank announces $10.2m after-tax profit for 2018

    The Fimbank Group’s consolidated audited financial statements show that for the year ended December 31, 2018, the group registered an after-tax profit of $10.2 million, compared to an after-tax profit of $7.7 million in 2017.  As disclosed in the...

  • Customer open event launched

    Cisco has announced the launch of the Cisco Experience customer event annual open event. The motto of this year’s event is ‘The bridge to possible’, which describes how Cisco has –since the beginning of the internet to date – been creating...

  • Middle office services: giving outsourcing added value

    Middle office services: giving outsourcing added value

    As Maltese regulated companies turn to third-parties for back- and middle-office support such as risk management and compliance, choosing the right partner becomes increasingly critical.  In particular, the middle office landscape has begun...

  • Low volumes across the equity market

    Low volumes across the equity market

    The MSE Equity Price Index extended its recent positive run as it added a further 0.04% to a new two-year high of 4,763.681 points. The gain was driven by Mapfre Middlesea which was the only equity to end the day higher. On the other hand, six...

  • EU presents plan for safe 5G amid Huawei suspicions

    EU presents plan for safe 5G amid Huawei suspicions

    The European Commission on Tuesday presented its plan to ensure the secure introduction of 5G telecoms networks, with suspicions hanging over Chinese giant Huawei. The United States has accused the firm of posing a security risk to western...

  • European Parliament adopts copyright reform in blow to big tech

    European Parliament adopts copyright reform in blow to big tech

    The European Parliament on Tuesday adopted controversial copyright reforms championed by news publishers and the music business, delivering a blow to the tech giants that lobbied furiously against it. Despite an intense debate in parliament, MEPs...

  • Final push at European Parliament for EU copyright reform

    Final push at European Parliament for EU copyright reform

    The European Parliament votes Tuesday on controversial copyright reforms championed by news publishers and the music business but criticised by big tech and internet freedom activists. The run-up to the vote has seen waves of lobbying and protests...

  • Central Banks and their impacts on markets

    Central Banks and their impacts on markets

    Central bank dovishness is, more often than not, interpreted as a sign that the region’s economy is primarily sub-par (below expectations) in terms of growth prospects, lending itself to an underlying issue faced by central banks worldwide, and...

  • Blockchain for beginners

    Blockchain for beginners

    New to the world of Blockchain and cryptocurrency? Anyone interested in blockchain will this week have a chance to learn from industry experts in a talk being held at Palazzo De La Salle in Valletta on Thursday. Designed for absolute beginners to...

  • Money market report for week ending March 22

    ECB monetary operations On March 18, the European Central Bank (ECB) announced its weekly main refinancing operations (MRO). The operation was conducted on March 19 and attracted bids from euro area eligible counterparties of €5.62 billion, €0.47...

  • World stock markets slide on global growth fears

    Stock markets slid yesterday, with Asia taking the heaviest hit, as investors took flight on mounting fears of a sharp global economic slowdown. Investors shrugged off news that an investigation found no evidence of collusion between US President...

  • MSE Equity Price Index climbs to 2-year high

    MSE Equity Price Index climbs to 2-year high

    The MSE Equity Price Index opened the week in positive territory as it advanced by 0.6% to a two-year high of 4,761.841 points. The gain was largely driven by the increases in the share prices of BOV and IHI which, coupled with the positive...

  • EU fines Nike €12.4m over football merchandise

    EU fines Nike €12.4m over football merchandise

    The EU's powerful competition authority Monday imposed a €12.5 million fine on US sports apparel giant Nike for restricting cross-border sales in Europe of jerseys and scarves of top football teams. According to the European Commission, Nike...

  • BMW Shares – tough times ahead

    BMW Shares – tough times ahead

    We downgraded our stance on BMW from a Buy to a Hold and reduced our price target from €94 to €75.60. The 2018 results were disappointing but persistent headwinds in 2019 are making the valuation of the group difficult to determine. Management are...