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  • British pound wobbles before crunch Brexit vote

    Sterling was under increasing pressure yesterday evening as British Prime Minister Theresa May was facing the prospect of a humiliating parliamentary defeat for her hard-fought Brexit deal. The pound drooped against the dollar and also lost ground...

  • MSE Equity Price Index moves marginally higher

    MSE Equity Price Index moves marginally higher

    The MSE Equity Price Index added 0.03% to 4,452.856 points as the gains in four equities (including GO and BOV) slightly outweighed the drops in IHI, PG and GHM. Trading volumes contracted sharply from Monday as several equities traded on shallow...

  • EU wants end to member state veto on tax

    EU wants end to member state veto on tax

    The European Commission on Tuesday proposed to end the veto power states have over EU tax matters, an idea rejected by several smaller members including low tax hub Ireland. A more harmonised tax policy across Europe has long been a dream of...

  • Saudi urges 'fair' energy transition, defends oil

    Saudi urges 'fair' energy transition, defends oil

    Top oil exporter Saudi Arabia called Tuesday for a "fair" and gradual global energy transition as it unveiled an ambitious domestic renewable energy programme. Experts say energy output from renewables, especially solar and wind, is growing faster...

  • Germany avoids recession despite 2018 growth slowdown

    Germany avoids recession despite 2018 growth slowdown

    Official data suggested Tuesday that Germany avoided a recession at the end of 2018 but confirmed a sharp slowdown in growth last year as Europe's largest economy cooled off from boom times. Economic growth sank to 1.5 per cent in 2018 from 2.2...

  • May the force be with you

    May the force be with you

    We are well into 2019 yet the themes which characterised 2018 are nowhere close to being resolved. More than two thirds of investors who were exposed to markets last year have nothing to show for it; on the contrary, are still well in the red,...

  • Eurozone is recovery resistant but it could also be recession-proof

    Eurozone is recovery resistant but it could also be recession-proof

    For years, the eurozone has grown more slowly than the US and its growth has been unbalanced. Germany has enjoyed strong external trade and GDP growth while Italy and France stagnate, and some smaller members submerge. This has led many to condemn...

  • Recognising hard work

    Recognising hard work

    In early 2018, Angelo Xuereb, chairman of AX Group, was named Malta EY Entrepreneur of the Year. As nominations for this year’s award draw to a close, he talks about what inspired him to participate and the experience of winning this prestigious...

  • RMI announces blockchain expert to assist with issuance of SOV

    The Republic of the Marshall Islands has announced that blockchain expert Steve Tendon is advising and assisting the country with the drafting, design, and issuance of SOV, the digital legal tender of the Marshall Islands, and the economy spawning...

  • Embracing the future

    Embracing the future

    PKF Malta has committed to making an investment towards embracing block­chain in Malta. The investment will be made in developing BITPOD, which will function as a quasi-lab and will comprise a live project dedicated to fuelling research and...

  • New look for the teams at BNF Bank branches

    New look for the teams at BNF Bank branches

    Visitors to BNF Bank branches are being welcomed by customer-facing teams sporting a new and attractive uniform. The new look reflects the identity and essence of the bank and complements the work ethic of professionalism, integrity, efficiency...

  • Money market report for week ending January 11

    On January 7, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on January 8, and attracted bids from euro area eligible counterparties of €7.33 billion, €0.89 billion lower than the...

  • Pound hits seven-week high on eve of vital Brexit vote

    The British pound yesterday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said. Sterling bounced as high as $1.2879, a...

  • Improved equity market trading activity

    Improved equity market trading activity

    The MSE Equity Price Index opened the week in negative territory as it eased by 0.34% to 4,451.634 points. The decline was mostly driven by the drops in the share prices of GO, FIMBank and BOV. On the other hand, HSBC and MIDI trended higher while...

  • Amazon France under fire for destroying unsold goods

    Amazon France under fire for destroying unsold goods

    US online retailer Amazon faced new French government pressure Monday after a TV report over the weekend showed it destroying thousands of new diapers, toys and other unsold or returned items in perfect condition. Brune Poirson, a secretary of...

  • Dividend aristocrats in 2019

    Dividend aristocrats in 2019

    Dividend aristocrats are US companies which have long track records of increasing their dividend. Companies that have raised their dividend payments for at least 25 consecutive years are known as dividend aristocrats. An investor can get exposure...

  • Malta’s industry increased by the third fastest rate in EU

    Malta’s industry increased by the third fastest rate in EU

    Malta’s industrial production increased by 2.6 per cent in November 2018, compared with the previous month, the third largest increase in the EU. Among member states for which data are available, the largest decreases in industrial production were...

  • China's trade surplus with the US grew in 2018 but tariffs bite

    China's trade surplus with the US grew in 2018 but tariffs bite

    China's trade surplus with the United States widened last year, data showed Monday, while the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy. The surplus with the US...

  • This year’s geopolitical hotspots

    This year’s geopolitical hotspots

    Investors face another turbulent year after being battered in 2018. The ultra-conservative who kept their money under the proverbial mattress or in an almost zero per cent interest bank account are probably those who suffered least as both bonds...

  • 2019 could be the year of another tech bubble crash

    2019 could be the year of another tech bubble crash

    When the dot-com bubble burst in 2000 it sent significant numbers of businesses to the wall. Investment banks had been encouraging enormous investment in dot-com ventures by launching Initial Public Offers (IPOs) allowing investors and...