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  • Dress down for charity

    Dress down for charity

    Thomas Smith staff presented €2,000 to the Multiple Sclerosis Society, raised throughout last year in return for wearing casual attire to work. Every Friday is a Dress Down Day at Thomas Smith Group. Randomly selected employees then nominate and...

  • The Economist speakers in Malta

    The Economist speakers in Malta

    Michel Cordina, head of commercial banking at HSBC Malta (left), with Chris Munz, representing The Economist Events, preview The World in 2017 special edition ahead of The World in 2017 gala dinner. Mr Cordina said: “HSBC Malta continues the...

  • EU needs special rules to protect it from British financial risk - Barnier

    EU needs special rules to protect it from British financial risk - Barnier

    The European Union's Brexit negotiator Michel Barnier said on Saturday that the EU would need "special vigilance" in letting British financial firms access the bloc because of the large risk London could pose to the EU's financial...

  • Malta Stock Exchange capital markets plans taking shape

    Malta Stock Exchange capital markets plans taking shape

    The Malta Stock Exchange intends to complete three-quarters of its Capital Markets Strategic Plan by September – but it is clear that some of the points remain contentious. The plan was launched by the MSE last October and as a result of the...

  • Samsung leader quizzed for 22 hours over South Korea corruption scandal

    Samsung leader quizzed for 22 hours over South Korea corruption scandal

    Samsung Group leader Jay Y. Lee left the South Korean special prosecutor’s office early yesterday after more than 22 hours of questioning on bribery suspicions in an influence-peddling scandal that could topple President Park Geun-hye. Lee left...

  • Index climbs a further one per cent

    The Malta Stock Exchange index registered another weekly gain as it appreciated by one per cent , to close the week at 4,690.277 points – a level last seen in March 2008, that is, almost nine years ago. Elsewhere, the corporate bond market and the...

  • US stocks gain on bank earnings as dollar, yields rise

    European and US stocks advanced yesterday, on track to close the week on a firmer note, while the dollar recovered as investors were encouraged by upbeat bank earnings and positive US economic data. Investors largely shrugged off the biggest fall...

  • Diesel cheating inquiries widen to Renault and Fiat

    European carmakers were drawn into widening investigations into diesel emissions cheating yesterday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. Volkswagen’s admission that...

  • Daily currency report

    With the ECB meeting on most people’s radars now (January 19) and the European data showing some signs of both inflation and growth, focus is on comments from German officials putting pressure on Mario Draghi, president of the European Central...

  • BOV, HSBC lift share index higher

    The share index posted its fourth consecutive daily positive performance as it advanced by a further 0.39% to a fresh near nine-year high of 4,690.277 points. Week-on-week, the local equity index gained nearly 1% mainly on the back of the uplifts...

  • 2017 - a threat or opportunity for EM currency bonds

    In 2016 emerging market (EM) hard currency bonds registered a strong performance. Bofa Merill Lynch emerging market index posted a total return of 17.3 per cent, despite the fact that investors were aware that the Federal Reserve (Fed), continued...

  • Football sector investments are higher risk, Dutch regulator warns banks

    Football sector investments are higher risk, Dutch regulator warns banks

    The Dutch central bank (DNB) has warned that financial institutions need to do more to guard against corrupt practices when dealing with clients from the football sector. The financial regulator said today that an investigation it had carried out...

  • The iPhone is 10 years old

    This week Apple celebrated the first 10 years of iPhone. They need to build hype around the event as they have had a bad 2016, by their own standards. However, irrespective of the hype, it is worth looking at what this product has done to our...

  • German economy grows at fastest rate in five years

    German economy grows at fastest rate in five years

    The German economy, the major driver of eurozone growth, expanded by 1.9 per cent in 2016, the strongest rate in five years, a preliminary estimate from the Federal Statistics Office showed yesterday, Europe’s largest economy is benefiting from...

  • Britain’s finance industry drops demands for passporting after Brexit

    Britain’s finance industry drops demands for passporting after Brexit

    Britain’s finance industry has given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products. Banks, insurers and asset...

  • Trump’s tax cuts may pressure US’s top credit rating: Fitch

    Trump’s tax cuts may pressure US’s top credit rating: Fitch

    US President-elect Donald Trump’s plans to slash taxes could threaten the country’s triple-A credit rating over the medium term, the head of EMEA sovereign ratings at the Fitch agency said yesterday. “We do see increasing medium-term pressures (on...

  • US stocks slide while greenback drops as Trump optimism wanes

    Wall Street stocks fell nearly one per cent and the US dollar dropped to a five-week low yesterday after President-elect Donald Trump’s eagerly awaited news briefing the previous day ignored his fiscal policies, which are expected to boost the...

  • Share index reaches 9-year high

    The share index posted its third consecutive daily positive performance as it advanced by a further 0.12% to a fresh near nine-year high of 4,672.271 points. Trading activity was spread across seven equities, three of which registered marginal...

  • 2016 a pivot in history

    2016 a pivot in history

    2016 ended on an optimistic note; thank God, as it had really started badly. I left the blocks in 2016 in an ideal position by anticipating the correction to come and keeping a sizable horde of cash on the side to invest at the right time. That...

  • Eurozone banking watchdog ‘not concerned’ over Monte Paschi rescue

    Eurozone banking watchdog ‘not concerned’ over Monte Paschi rescue

    The head of the eurozone banking watchdog said yesterday she had no concerns about how EU bank failure rules had been applied in the public rescue of Italy’s Banca Monte dei Paschi di Siena. The Italian government and the EU supervisory...