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  • Compensation scheme feedback should be sent by December 5

    There are only a few days left for feedback to be sent to the Malta Financial Services Authority on its proposals for the amendment of the Investor Compensation Scheme. The amendments aim to bring regulations more in line with the Investor...

  • Index turns positive with just five equities gaining ground

    The Malta Stock Exchange index halted the recent slump as most equities with as the major banks share price soared. This meant that the index closed the week 0.6 per cent higher at 4,470.812 points. Bank of Valletta plc, HSBC Bank Malta plc, RS2...

  • Contactless and mobile technology driving shopping payments

    Contactless and mobile technology driving  shopping payments

    Whether online or in-store, buying gifts or enjoying Christmas revelry, shoppers around Europe are foregoing cash, opting for the speed and convenience of new payment methods. With more than 165 million contactless cards and 3.4 million...

  • Bond yields fall on US jobs data, euro flat before Italy vote

    Bond yields fell yesterday as solid US jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock and currency markets were cautious ahead of an Italian constitutional reform vote tomorrow. Crude...

  • Company briefs

    The Malta Digital Cluster has been launched to create collaboration between academia, researchers, private sector entities and the public sector to take advantage of growth and new opportunities. The Malta Digital Cluster, launched by Malta Life...

  • Daily currency report

    The strong US dollar got off to a weak start to December as its spectacular rally over recent weeks gave way to a pullback ahead of another round of major risk events. A bright outlook for the US economy and hawkish hopes for the Federal Reserve...

  • Tigne’ Mall recaptures all-time high

    The share index offset yesterday’s 0.16% decline as it rebounded by 0.19% to a four-day high of 4,470.812 points. As a result, in contrast to the losses registered in the previous two weeks, the local equity benchmark gained 0.63% during the last...

  • November - a hemorrhage month for bond investors

    Over the past months, investment professionals have questioned whether the 30-year old bull market is heading towards an end. Undoubtedly, the month of November proved to be one of the main concerns for bond investors, as yields across the board...

  • Cuba after Fidel Castro

    Last week I wrote about the developing scenario in the international economic environment following the election of Donald Trump as President of the United States. That developing scenario did not take into account the death of Cuban leader maximo...

  • China manufacturing heats up in November, inflation pressure builds

    China manufacturing heats up in November, inflation pressure builds

    Activity in China’s manufacturing sector grew more than expected in November, expanding at its strongest pace in more than two years, as the world’s second-largest economy picks up momentum heading into what promises to be a tumultuous 2017. After...

  • New chief officer for GO Business

    New chief officer for GO Business

    Christian Sammut has been appointed chief officer of telecoms company GO Business with effect from January 1.  The role is in addition to his current role of Chief Executive Officer of BM IT Limited, which is a fully owned subsidiary within the GO...

  • Philip Morris looks beyond cigarettes with launch of alternative products

    Philip Morris looks beyond cigarettes with launch of alternative products

    Philip Morris International, the world’s largest international tobacco company, said it could eventually stub out cigarette sales as it launched an alternative product in Britain. Underlining the regulatory pressures facing the tobacco industry, a...

  • Economic recovery being held back by low businessconfidence – Eurochambres

    Despite a slight drop in general business confidence, businesses expect a minor upturn in their prospects for 2017, according to the 24th annual Eurochambres Economic Survey (EES2017), based on responses from over 50,000 businesses from 24...

  • Malta fourth lowest R&D expenditure

    Malta fourth lowest R&D expenditure

    Malta had the fourth lowest R&D expenditure of the EU in 2015, at almost a third of the EU average. In 2005, Malta’s R&D expenditure was only 0.53 per cent of GDP – but while this went up to 0.77 per cent by 2015, it still lags well behind the EU...

  • Brent crude at 16-month high

    Brent crude futures surged to a 16-month high yesterday on the heels of Opec’s agreement a day earlier to cut output, while Treasury yields continued to climb following the weakest monthly performance for global bonds in almost 13 years. The...

  • FIMBank share price slips to a near 6-month low

    The share index edged 0.16% lower to 4,462.256 points today as the declines registered in six equities outweighed the gains in HSBC (+0.6%) and RS2 (+0.2%). Meanwhile, 6PM and Tigne’ Mall closed the day unchanged. Trading volumes improved as...

  • Common investment mistakes to watch out for

    Common investment mistakes to watch out for

    Very recently, Shane Oliver, head of Investment Strategy and Chief economist at AMP Capital, listed seven common mistakes investors have a habit of going into. According to Oliver Shane investors very often commit investment mistakes because they...

  • EU globalisation fears most acute in Austria and France

    EU globalisation fears most acute in Austria and France

    Fear of globalisation is the most important factor in pushing European citizens towards populist right-wing parties and those fears are most acute in Austria and France, a survey by Germany’s Bertelsmann Foundation showed yesterday. The study...

  • Populism has weakened European integration – Draghi

    The spread of populist movements was threatening European integration and efforts to find joint responses to immigration, security and other shared concerns, ECB president Mario Draghi said in an interview published yesterday. In some of his...

  • Lufthansa says pilot strikes cost it €10m-€15m a day

    Strikes by German pilots, which entered their sixth day this year, ere costing the German carrier about €10-15 million a day, a spokesman said yesterday. A further 890 flights were cancelled yesterday, with the walkout affecting short- and...