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Business

  • QE expectations gathering momentum

    Over recent weeks, European fixed income markets have been performing relatively well on balance. Issues including geopolitical risks, shifting expectations on US yields and concern on growth in emerging markets have not had any major impact. The...

  • The old importance of tinkering

    Our current education system leaves very little time for thinking and learning through experience. We instill that success is only something that is measured by summative assessments, by certificates achieved and doing well in tests. The reality...

  • Company briefs

    The Youth Specialisation Studies Scheme (YSSS) offers an opportunity for students to avail themselves of a soft loan at subsidised interest rates, aimed at assisting them to take up specialised courses that are not available in Malta. The scheme...

  • GRTU in defence of cheaper financing for small businesses

    The GRTU has been arguing for years that the local banks impose exorbitant charges and interest rates. This was confirmed by the governor of the Central Bank himself just two weeks ago, when he emphasised that lending rates in Malta are among the...

  • Concerns on China, Ukraine keep sentiment muted

    Increasing concerns over liquidity and earnings in China have put the brakes on equity markets in the region. The Nikkei and Shanghai indices began the week under pressure and fell almost one per cent each by Tuesday, despite Wall Street shares...

  • Company briefs

    Microsoft Malta and AIESEC invite youths aged 18 to 24 years to attend the Youth-Spark Live Event on April 29 at the Microsoft Innovation Centre at Skyparks. This event is being organised by Microsoft together with AIESEC and other partners to...

  • Local businesses are increasingly going the M&A way – KPMG

    Discussions on potential mergers or business transactions are increasingly making their way into corporate corridors. So what is spurring the concept? We believe it is a variety of factors. In the first instance, there are the dynamics of an ever...

  • UK economy picking up speed

    Britain’s economic recovery is gaining momentum but Bank of England policy-makers held different views about the amount of slack in the economy and the medium-term inflation outlook, minutes from their April 9 meeting showed. The bank reckons the...

  • Trading activity drops to two-week low

    Trading activity in the equity market dropped to a two-week low today of €77,134 with the MSE Share Index retreating for the second consecutive session with a 0.2 per cent drop to 3,509.628 points. Today’s decline was mainly due to the 0.8 per...

  • Japan overhauls world’s biggest public pension fund

    Japan overhauled the world’s biggest public pension fund yesterday, appointing new committee members, in a push towards Prime Minister Shinzo Abe’s goal of a more aggressive investment strategy. The government announced a reshuffle of the...

  • Shares rise on corporate results as the euro gains

    Global equity markets rose yesterday, powered by solid US corporate earnings and deal-making activity among European drugmakers, while the euro edged above break-even. On Wall Street, the S&P 500 and the Nasdaq were on track for a sixth straight...

  • Novartis transforms drug business with new deals

    Swiss drugmaker Novartis is transforming its business by exchanging certain assets with GlaxoSmithKline and divesting its animal health business to Eli Lilly in deals worth billions of dollars. The revamp, announced yesterday, is the result of a...

  • Daily currency report

    Many investors will return from the long Easter break to study data on eurozone consumer confidence which could support the euro which is now trading at one-and-a-half-month lows against a bullish sterling. The pound also remains near four-year...

  • MSE Share Index retreats from 1-month high

    After reaching a one-month high during last Thursday’s session, the MSE Share Index retreated by 0.3 per cent to 3,515.355 points as most of the active equities closed lower during this morning’s session. Among the large equities, the share price...

  • China shoe strike spreads and enters second week

    One of China’s biggest strikes in years stretched into a second week yesterday, and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in neighbouring Jiangxi province. Workers at the...

  • Money market report for the week ended April 18

    On Monday, April 14, the European Central Bank announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, April 15, and attracted bids from euro area eligible counterparties of €112.17 billion, €7.55 billion...

  • New EU law to help investors pick good corporate citizens

    Investors looking for companies with good environmental, social and governance track records will find the job easier after European politicians ruled that thousands of firms must reveal their performance as corporate citizens. Trillions of...

  • Japan exports growth slows sharply

    Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policymakers into early action as a national sales tax hike puts more strain on...

  • Italian growth could top 0.8% – minister

    Italian Economy Minister Pier Carlo Padoan said in interview he believed that growth in 2014 could be more than 0.8 per cent but that he could not say by how much. In the interview in the Corriere della Sera, Padoan was asked if growth could come...

  • Apple, Google vie to offer exclusive game apps

    Apple Inc. and Google Inc. are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter. Both the companies...

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