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  • A game of percentages

    A game of percentages

    In the world of finance, percentage return is probably the performance common currency. In other words, if you gain ten percent from an equity investment, 10% from dividends, 10% from a derivative, 10% on 100 thousand and 10% on one thousand; 10%...

  • The return on equity league table

    Regular readers of my weekly column are accustomed to the annual league tables published in May following the end of the annual reporting season. Most companies whose equity is listed on the Malta Stock Exchange have a December year-end and...

  • Further EU e-commerce investigations

    The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered practices that restrict competition, the European Commission said yesterday. In its report following the initial inquiry,...

  • Australian banks lick wounds after tax hit

    Australian banks lick wounds after tax hit

    Australia’s big banks will likely swallow a surprise new €4 billion federal tax, industry and political sources said yesterday, given a lack of public support for an oligopoly that has reaped years of record profits. The tax on liabilities...

  • Volkswagen investors demand faster progress in dieselgate reforms

    Volkswagen needs to do more to regain the confidence of investors in the wake of its emissions scandal, despite a swift recovery in earnings, several shareholders told the German carmaker at its annual meeting yesterday. The world’s largest...

  • Global stocks and dollar steady as volatility remains low; oil rebounds

    Oil prices rebounded yesterday after a steeper-than-expected drop in US crude inventories, helping limit equity losses on Wall Street, while European stocks held near their highest in nearly two years. European full-year earnings forecasts, set to...

  • Shipping movements

    These ships are expected in Malta: The Maersk Arizona (Thomas Smith Shipping Ltd) and the MSC Danit from Singapore to Barcelona (John Ripard & Son Ltd) today. The JSP Slidur from Tunis to Tunis (Thomas Smith Shipping Ltd) tomorrow. The Maersk...

  • BOV introduces card activation security feature

    BOV introduces card activation security feature

    Bank of Valletta has introduced an activation process across its range of credit and debit cards, providing customers with an additional level of security from fraudsters.  The one-time, one-step process is intended to safeguard BOV customers...

  • High trading activity in PG persists

    The MSE Share Index extended yesterday’s decline by a further 0.09% to 4,669.149 points. Trading activity was broad as twelve equites were active, seven of which trended lower, four posted gains whilst only Tigne’ Mall closed unchanged.

  • A look at real estate investments

    A look at real estate investments

    Real estate as an Investment tool can take on many forms. Investors have a choice as to whether to invest directly in physical property or indirectly expose their portfolios to real estate publicly traded securities. The former is a popular...

  • Sale of multimedia players

    Intellectual property owners have been hard hit by the online world. With its continuing evolution that allows copying, streaming and broadcasting without the necessity of involving right holders, the creative industries have been battling this...

  • German economy picks up steam

    German economy picks up steam

    Industrial production in Germany fell by less than expected in March following two strong months while exports and imports both hit record-highs in March, data showed yesterday, suggesting Europe’s biggest economy picked up steam in the first...

  • Made in North Korea

    Made in North Korea

    From carrot-flavoured toothpaste and charcoal face masks to motorcycles and solar panels, visitors to North Korea say they are seeing more locally made products in the isolated country’s shops and supermarkets, replacing mostly Chinese imports. As...

  • European stocks at record highs as calm backs risk rally

    Wall Street opened higher yesterday, with the S&P 500 and Nasdaq touching all-time intraday peaks, as US equities tracked European stocks and global bond yields. Investor sentiment has been bolstered by historically low US stock market volatility,...

  • Malta Stock Exchange reports record profits

    Malta Stock Exchange reports record profits

    The Malta Stock Exchange (MSE) posted a record after-tax net income of €2.53 million in 2016, an increase of 50 per cent, thanks to significant revenue growth and a decline in operating expenses. Admissions were up by 12 per cent over 2015,...

  • UK insurer picks Luxembourg over Malta for geographical reasons

    UK insurer picks Luxembourg over Malta for geographical reasons

    British insurer Hiscox has picked Luxembourg over Malta as the base for a new subsidiary to underwrite its retail business in Europe following Britain's decision to leave the European Union. The company, which insures a broad range of risks from...

  • France elects President as investors take profits on the news

    France elects President as investors take profits on the news

    And France have a new President. Favourite Macron got almost two-thirds of the votes in what had been expected to be a pretty straightforward race. Polls got it right. Let’s face it, heading into this weekend’s round two of French Presidential...

  • Macron to take time reforming economy in divided France

    Macron to take time reforming economy in divided France

    After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. Emmanuel Macron, a former investment banker who quit the...

  • Money market report for the week ended May 5

    On April 28, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on May 2 and attracted bids from euro area eligible counterparties of €14.43 billion, €0.02 billion higher than the bid...

  • Chinese bank payment networks surge as Western lenders cut ties

    Chinese bank payment networks surge as Western lenders cut ties

    Chinese banks have dramatically expanded their overseas payment and trade networks since the global financial crisis, exploiting a growing vacuum created by Western lenders which are retreating from higher-risk jurisdictions, new data shows. The...