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  • Global oil market now close to balance – IEA

    The global oil market was close to balance, after nearly three years of excess supply, as production cuts by top exporters offset a longer-term decline in demand in the richest nations, the International Energy Agency said yesterday. The agency...

  • Trump won’t rule out second Yellen term

    Trump won’t rule out second Yellen term

    President Donald Trump signalled on Wednesday he could be moving closer to the mainstream on monetary policy, saying he had not ruled out reappointment of Janet Yellen to a new four-year term as Fed chair as he considers his choices for the...

  • Further declines in MSE Share Index

    Further declines in MSE Share Index

    The MSE Share Index trended lower for the second consecutive session as it shed a further 0.18% to 4,705.291 points as the share price of GO, MIA, RS2 and Lombard eased lower. The only positive performing equity today was HSBC whilst BOV and...

  • Award to recognise customer-focused businesses

    Award to recognise customer-focused businesses

    Local companies that believe they have an unmatched and exemplary relationship with their customers have been invited to nominate themselves for an international business award. The ICERTIAS Customers’ Friend programme seeks to gather companies...

  • Adding risk/return in the Pharma sector

    Sanofi S.A. is a French multinational pharmaceutical company headquartered in Gentilly, France. The company was formed as Sanofi-Aventis in 2004 by the merger of Aventis and Sanofi-Synthélabo, which were each the product of several previous mergers.

  • PG plc – First IPO since 2013

    PG plc – First IPO since 2013

    On March 29, PG plc issued a Formal Notice confirming an offer of 27 million shares of €1 each by Paul Gauci. This is a positive development for the equity market since it is the first Initial Public Offering (IPO) in four years (the last public...

  • Wall Street reform rules may be eliminated – Trump

    President Donald Trump told a group of chief executives that his administration was revamping the Wall Street reform law known as Dodd-Frank and might eliminate the rules and replace them with “something else”. At the beginning of his...

  • Development aid up – but not to poorest countries

    Development aid reached a new peak of $142.6 billion in 2016, an increase of 8.9 per cent from 2015 after adjusting for exchange rates and inflation. A rise in aid spent on refugees in donor countries boosted the total – but even stripping out...

  • Investors favour safe bets amid political fears

    Safe-haven gold and US Treasuries prices held steady yesterday while US stocks edged lower as investors fretted about global geopolitical risk and the upcoming US corporate earnings season. US Treasury yields were little changed as demand tied to...

  • Shipping movements

    These ships are expected in Malta: The Joanna from Alexandria to Algiers (CMA CGM Malta Agency Ltd), the Helmut from Valencia to Tunis (Thomas Smith Shipping Ltd) and the MV Eurocargo Venezia from Genoa to Catania (Sullivan Maritime) today. The...

  • Trading activity at 2-month low

    Trading activity at 2-month low

    Following the sharpest daily uplift in two weeks yesterday, the MSE Share Index eased by 0.17% to 4,713.786 points today as the declines in the share prices of five equities outweighed the gains in BOV. Meanwhile, MIA and Malita Investments closed...

  • Investment management in a nutshell

    Investment management in a nutshell

    Investment management can take an active or passive approach to generating investment returns. The latter, however, would generally consist of replicating a reference benchmark with equal weightings and asset holdings. Examples of passive...

  • Toshiba files results unapproved by auditor and warns of ‘going concern’ risk

    Toshiba files results unapproved by auditor and warns of ‘going concern’ risk

    Toshiba Corp. filed twice-delayed business results yesterday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate. “There are material events and conditions...

  • Saudis, oil majors discuss gas investments ahead of giant IPO

    Saudis, oil majors discuss gas investments ahead of giant IPO

    Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the top crude-exporting country’s drive to diversify investments before the listing of national energy giant Saudi...

  • Freezing accounts across borders

    Under the domestic laws of most member states, a creditor is permitted to request the court to issue warrants against its debtor to safeguard a money claim. A creditor seeking to recover a debt will most commonly try to do so by taking out...

  • Investors play safe around the world as Syria tensions rise

    Nervous investors sought shelter in gold, Treasuries and the yen yesterday as tensions between the United States and Russia over Syria took centre-stage after comments by US Secretary of State Rex Tillerson. United States indexes were lower while...

  • Understanding asset allocation decision-making

    Investors with global portfolios of equities and bonds are generally aware that their asset allocation decisions, the proportions of funds they invest in the different asset classes, their regional exposures as well as the degree of currency...

  • BOJ paints brighter picture of regional Japan, Trump uncertainty niggles

    BOJ paints brighter picture of regional Japan, Trump uncertainty niggles

    The Bank of Japan offered its most optimistic view of the country’s regional economies in nearly a decade, even as some firms warned that uncertainty over US President Donald Trump’s trade policies could affect their capital expenditure plans. BOJ...

  • Tesla overtakes GM to become most valuable US car maker

    Tesla overtakes GM to become most valuable US car maker

    For the first time in the era of the modern automobile, the most valuable US car maker is not based in Detroit. Silicon Valley's Tesla Inc overtook General Motors yesterday to become the US car maker with the largest market capitalisation as the...

  • Regulators investigate Barclays CEO over whistleblowing case

    Regulators investigate Barclays CEO over whistleblowing case

    British regulators are investigating Barclays chief executive Jes Staley and the bank itself over the handling of a whistleblowing incident, the bank said yesterday. The investigation by the Financial Conduct Authority and the Prudential...