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  • Differences between a bond and a bond fund

    There are many misconceptions around the difference between a bond and a bond fund. This article will serve to outline the key differences between both instruments, and what to look out for when investing in each security. By definition, a bond is...

  • Unfair terms in insurance contracts

    An insurance contract must set out in transparent, plain and intelligible language all its terms and conditions so that consumers can clearly infer the economic consequences which derive from it, the Court of Justice of the European Union (CJEU)...

  • Eurozone growth seen as stronger, inflation to pick up

    Eurozone growth seen as stronger, inflation to pick up

    Eurozone economic growth will be stronger than previously expected this year thanks to cheaper oil, a weaker euro, stable global growth and supportive fiscal and monetary policies, the European Commission said yesterday. In its quarterly economic...

  • EU Commission sharply cuts Greek forecasts

    The European Commission slashed Greek economic growth and primary surplus projections yesterday and forecast deeper price falls and a higher public debt as a result of uncertainty that has dogged Athens policy direction since late 2014. The...

  • Australia’s RBA cuts rates, markets wonder if that’s all

    Australia’s RBA cuts rates, markets wonder if that’s all

    Australia’s central bank cut interest rates for the second time this year yesterday, seeking to buttress the economy against sliding mining investment while heading off a harmful increase in the local dollar. The currency did initially drop after...

  • European shares drop as Athens bourse slides

    European shares fell yesterday as renewed concerns over Greece’s finances weighed on the region's stock markets. Athens’s benchmark ATG equity index fell 3.9 per cent on worries over a deadlock in Greece's attempts to strike a deal with its...

  • HSBC profits up 4% as investment bank revenues bounce back

    HSBC profits up 4% as investment bank revenues bounce back

    HSBC said its profits rose 4.0 per cent in the first quarter as investment banking revenues bounced back after a weak end to last year to offset a rise in compliance and regulation costs. HSBC, Europe’s biggest bank, yesterday reported a pretax...

  • Medserv equity rallies to new record

    The share index edged 0.2 per cent higher to 3,814.979 points, lifted by increases in BOV and Medserv. Medserv rallied by 8.4 per cent to close at a fresh all-time high of €2.20 on activity of 16,390. The equity will trade with the entitlement to...

  • Credit markets grind tighter during April

    Credit markets were poised for a strong performance in April were it not for the disappointment in the retreat in yields in the last few trading sessions of the month. Meanwhile, the Emerging Markets high yield universe in dollars extended gains...

  • The SSM... into the future

    It is six months since the EU’s Single Supervisory Mechanism (SSM) became operational. It was, of course, a big step towards a European banking union (EBU), but when will we be able to say that we have effectively created an integrated financial...

  • Tesla faces competition for customers, subsidies

    Tesla faces competition for customers, subsidies

    Tesla Motors Inc’s plan to generate new revenue by repackaging electric car batteries as home and business power storage systems faces stiff competition for both customers and the government subsidies that are critical to the market’s growth. At...

  • Money market report for the week ended May 1

    On Monday, April 27, the European Central Bank announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, April 28, and attracted bids from euro area eligible counterparties of €108.48 billion, €12.75 billion...

  • Greece aims for deal with lenders, IMF hard on reforms – minister

    Greece intends to meet debt payments this month and reach a deal with its international lenders to unlock remaining bailout aid, but the International Monetary Fund insists on tough labour reforms, the country’s Labour Minister said...

  • World Bank’s pension investments clash with institution’s principles

    World Bank’s pension investments clash with institution’s principles

    The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an...

  • Stocks gain on factory data as bund yields rise

    Global equity markets rose yesterday, lifted by the biggest gain in US factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears that had gnawed European...

  • Oil hits yearly high as traders look beyond current supply

    Oil rose towards $67 a barrel yesterday to reach a 2015 high, supported by expectations the supply glut will ease and after weak Chinese factory activity reinforced views that stimulus measures would be rolled out. Activity at China's factories...

  • Eurozone’s factory growth eases in April but prices rise

    Eurozone manufacturing growth eased in April but factories raised prices for the first time in eight months, according to a survey that also showed headcount rose at the fastest pace in nearly four years. Any signs of inflationary pressure will be...

  • MSE Share Index maintains positive momentum as it surpasses 3,800 points

    MSE Share Index maintains positive momentum as it surpasses 3,800 points

    The MSE Share Index registered its fourth consecutive uplift with a further 1% jump to regain the 3,806.235 points level – the highest closing level since mid-February 2011 – as most large cap equities trended in positive territory. Bank of...

  • The best of the DAX is yet to come!

    The German DAX is a total return index of 30 selected German blue chip stocks traded on the Frankfurt Stock Exchange. Year-to-date the index is up 18%. An excellent return for the first four months of the year and this is after a 10% pullback from...

  • Is there hope for Africa?

    Is there hope for Africa?

    The international media rarely gets very excited by what happens in Africa. The pictures about Africa that are projected on our TV screens normally relate to the exodus of almost biblical proportions of sub-Saharan African people trying to flee to...