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Business

  • Trade war threat ends the first half to 2018

    The first six months of 2018 were tough on equity markets; gauged by the main price indices, European equities fell 3.95 percent, US equities gained 1.67 percent and UK equities fell 0.66 percent. This contrasts sharply with the first weeks of the...

  • Consistency in dividend distributions

    Consistency in dividend distributions

    In May, I published the customary annual dividend league table to assist investors when comparing equities producing the highest dividends. The dividend league table also enables investors to compare these dividend yields to the yields on...

  • Corporate client event

    FIMBank recently hosted a reception for its local corporate clients which was held at the Bank’s head office. The event served as an opportunity for the bank’s clients to interact with their relationship managers and customer-facing employees. The...

  • Stocks and metals hit by new US-China trade war salvo

    Stocks fell and metal prices slumped yesterday as US threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world’s two biggest economies closer to a trade war. US President Donald Trump’s threat overnight of 10 per...

  • Double-digit passenger revenues increase

    Alitalia’s passenger revenues increase continues the growth trend reported in previous months. In June 2018 the airline reported a double-digit growth (+10.6 per cent) of its passenger revenues compared to June 2017. The  increase was driven by...

  • Shipping movements

    The following ships are expected in Malta: The MV Eurocargo Venezia from Genoa to Genoa (Sullivan Maritime), the Barbara Krahulik from Catania (SMS Shipping) and the CMA CGM Cassiopeia from Genoa to Beirut (CMA CGM Malta Agency Ltd) today. The...

  • BOV share price climbs to 1-month high

    BOV share price climbs to 1-month high

    The MSE Equity Price Index trended higher for the first time in five days as it rebounded by 0.47% to 4,369.808 points, reflecting the gains in the share prices of GO, BOV and PG which outweighed the declines in Malita and Main Street...

  • Australia prepares to ban Huawei from 5G project over security fears

    Australia prepares to ban Huawei from 5G project over security fears

    Australia is preparing to ban Huawei Technologies Co Ltd from supplying equipment for its planned 5G broadband network after its intelligence agencies raised concerns that Beijing could force the Chinese telco to hand over sensitive data, two...

  • US ups China trade war ante, threatens tariffs on $200bn of goods

    US ups China trade war ante, threatens tariffs on $200bn of goods

    The Trump administration raised the stakes in its trade dispute with China, threatening 10 per cent tariffs on a list of $200 billion worth of Chinese imports, sending stocks lower and prompting Beijing to warn it would be forced to...

  • Environmental, social and governance criteria

    Environmental, social and governance criteria

    Nowadays the company’s financial performance is not the only factor influencing investors’ decisions. There are other variables that investors use to assess companies’ operations and that can affect their economic results. Global sustainability...

  • Air passengers’ right to compensation

    Air passengers’ right to compensation

    An air passenger could be entitled to compensation even in the case of connecting flights to third countries and with stopovers in third countries, the Court of Justice of the European Union (CJEU) has recently ruled. EU law endows air passengers...

  • Bank of Valletta welcomes latest cards loyalty partner

    Bank of Valletta welcomes latest cards loyalty partner

    Montblanc is the latest brand to partner with Bank of Valletta under its BOV Cards Loyalty Programme. BOV premium cardholders now have the option of redeeming their BOV loyalty points against store credits at Montblanc Boutique in Merchant Street,...

  • Malta Bankers’ Association acknowledges retiring secretary general

    Malta Bankers’ Association acknowledges retiring secretary general

    The Malta Bankers’ Association recently hosted farewell drinks for its long-standing secretary general James Bonello who retired after a distinguished career in banking and 14 years of service to the MBA. The reception was held at the Caprice...

  • US stocks rise on oil, strong earnings as dollar gains

    The S&P 500 stock index hit a four-month high yesterday, boosted by higher oil prices and strong earnings, while the US dollar rose against the safe-haven Japanese yen as investors bought riskier assets. World share markets remained near...

  • MSE Equity Price Index posts 4-day negative streak

    MSE Equity Price Index posts 4-day negative streak

    The MSE Equity Price Index trended in negative territory for the fourth consecutive trading session with a drop of a further 0.12% to a fresh five-week low of 4,349.447 points. Four equities trended lower while another five shares, including BOV,...

  • Italy needs to be ready for 'all eventualities' on euro - Savona

    Italy needs to be ready for 'all eventualities' on euro - Savona

    European Affairs Minister Paolo Savona said on Tuesday that Italy had to be ready for "all eventualities" regarding its membership of the eurozone, which might depend on factors outside its control. The anti-establishment League/5-Star Movement...

  • Trade deficit in May halved since last year

    Trade deficit in May halved since last year

    Preliminary figures show that Malta registered a trade deficit of €242.6 million in May 2018, compared to a trade deficit of €441.2 million in the corresponding month of 2017. Both imports and exports decreased by €271.9 million and €73.3 million...

  • Unfair competition is the main concern for businesses

    Unfair competition is the main concern for businesses

    The main concern for medium-sized companies is increasing competition from illicit trade, a survey has shown. Competition and a lack of a level playing field was disheartening business owners who said they were the primary constraints to the...

  • Switzerland launches WTO action over US steel, aluminium tariffs

    Switzerland launches WTO action over US steel, aluminium tariffs

    Switzerland has launched a complaint at the World Trade Organisation against US tariffs on steel and aluminium, it said on Tuesday, the eighth WTO member to start such a challenge. "From Switzerland's point of view, the additional duties, which...

  • The meaning behind Mexico’s election results

    For the first time in decades, Mexico’s recent political twist has the potential to transform the country completely via the elections, as it challenges the economic consensus as well as promising to eradicate corruption and violence. July 1 was a...