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  • Money market report for the week ended July 8

    On Monday, July 4, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, July 5, and attracted bids from euro area eligible counterparties of €44.09 billion, €8.97 billion lower...

  • Oil falls further under $50 on Asia demand concern

    Oil falls further under $50 on Asia demand concern

    Oil fell yesterday over signs that US shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs. Brent crude was trading at $46.26 per barrel at 1042 London...

  • Planemakers shrug off economy worries as travel demand grows

    Planemakers shrug off economy worries as travel demand grows

    Top planemakers shrugged off worries about a faltering global economy on the opening day of the Farnborough Airshow yesterday, with Airbus announcing a $4.4 billion order and Boeing raising its 20-year forecast for jet demand. Airbus said it had...

  • S&P 500 hits record high

    The US benchmark S&P 500 stock index set a record intraday high yesterday as last week’s strong monthly US jobs report worked its way into financial markets, and European shares rose as a single candidate emerged to succeed David Cameron as...

  • High trading activity in RS2 shares

    High trading activity in RS2 shares

    The MSE Share Index started the week on a positive note as it edged marginally higher to 4,568.844 points on strong volumes. Indeed, the total value of equities traded today reached €1.41 million – the highest level of daily trading activity in...

  • A choppy week for equity markets

    Last week was another volatile week for equity markets. We started off with the Fed minutes showing the Fed would put its breaks of rate hikes this year and we ended it with a huge surprise in the US jobs number which made investors re-think the...

  • My thoughts on Brexit

    My thoughts on Brexit

    Enough time has passed for a calm personal assessment on the implications of Brexit. If I were British, I would have voted for my country to remain a member of the EU even if my judgement of the present EU governance is far from positive. But I...

  • ­­­Shipping movements

    These ships are expected in Malta: The Devon Strait from Split to Durres, the Avonmoor from Misurata to Tripoli, the CMA CGM Andromeda from Fos-sur-Mer to Damietta (all CMA CGM Malta Agency Ltd), the Analena from Algeciras to Izmit (Thomas Smith &...

  • Survey shows increased business for local financial services sector

    Survey shows increased business for local financial services sector

    Fifty-nine per cent of respondents in a Financial Services Survey carried out by PwC in collaboration with Finance Malta have reported increased business volumes. The report said this outcome is a reflection of Malta’s economic performance where...

  • MSE falls marginally lower on high volume

    MSE falls marginally lower on high volume

    The Malta Stock Exchange (MSE) index closed the week 0.2 per cent lower at 4,568.285 points, following a disappointing week in the larger capitalised equities, namely HSBC Bank Malta plc, Bank of Valletta plc (BOV) and International Hotel...

  • Fed officials had gloomy outlook before Brexit

    According to the minutes of the June monetary policy meeting of the Federal Reserve, the Fed did not raise its benchmark interest rate last month because policymakers were concerned about the “surprisingly weak May US employment report”. It is...

  • Company briefs

    PwC in Malta have announced the appointment of Bonavent Gauci, Steve Gingell and Steve Mamo as partners with effect from July 1. Meanwhile, Nicolette Hills has been appointed as director. Mr Gauci joined the firm in 2000 after reading for a...

  • Estate planning – will you have control and certainty?

    Estate planning – will you have control and certainty?

    We all sleep better when we feel confident that our affairs are in order and, as we get older, we think more about the legacy we will leave to future generations: how and to whom our assets will pass after we die. Increasingly, estate planning is...

  • One-stop shop broker makes future plans

    One-stop shop broker makes future plans

    For integrated brokerage and fund platform firm Exante, setting up in Malta in 2011 was a case of ‘new kid on the block’. Cleared of all charges from Securities and Exchange Commission accusations last year, the firm is now on the crest of a new...

  • GO retains Premier League and Serie A, adds Emirates FA Cup

    GO retains Premier League and Serie A, adds Emirates FA Cup

    GO has once again secured the exclusive rights to broadcast the English Premier League. Over the coming three seasons, running from 2016/2017 until 2018/2019, GO Sports will broadcast 380 matches per year. In addition, it has also secured rights...

  • Donation given to Hospice Movement

    Donation given to Hospice Movement

    Kenneth Delia, on behalf of the Hospice Movement, was presented with a €1,600 donation by Lion Chris Borg Cardona from Lions Club Sliema and the Royal Malta Golf Club. This amount was raised during the Alex Mangion Golf Tournament held at the Golf...

  • Physicist attends Lindau Nobel Laureate Meeting

    Physicist attends Lindau Nobel Laureate Meeting

    Joseph Caruana from the Department of Physics and Institute of Space Sciences & Astronomy of the University of Malta took part in this year's Lindau Nobel Laureate Meeting. Each year, a select group of the best young scientists are selected in a...

  • Bike2Work – smart choice for commuters

    Paragon Europe, the local entity representing Malta in the Bike2Work project, has organised a pilot test for the second edition of the campaign. An EU co-funded project, Bike2Work is led by the European Cyclists’ Federation. It is aimed at...

  • Demoliton works summer ban is on

    Demoliton works summer ban is on

    Faceworks Ltd will refrain from undertaking excavation and demolition works in tourist-friendly areas around Malta throughout summer. This is due to Mepa regulations issued in 2014, which ban this form of labour between June 15 and September 30 in...

  • Advice on property return on investment

    Advice on property return on investment

    Are you a person who prefers tangible investments over stocks and shares? Would you like to tie up your money in a fixed investment? Does the fact that property values go up unpredictably sound appealing? Lastly, are you ready to dedicate time and...

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