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  • China is "one of the bigger risks" to global economy - Bank of England's Carney

    China is "one of the bigger risks" to global economy - Bank of England's Carney

    China's financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial crisis. Carney also cited domestic...

  • An exchange of ideas

    Promoting dialogue and debate about the strategies, opportunities, responsibilities and challenges in today’s multi-faceted maritime world is the primary aim of the second edition of the Malta Maritime Summit, being held from October 1-5 at the...

  • EU's Juncker eyes Africa free trade pact

    EU's Juncker eyes Africa free trade pact

    The European Union could one day offer a free trade agreement to the whole of the African continent, European Commission President Jean-Claude Juncker will say in a keynote speech on Wednesday, an EU official said. Among various proposals for EU...

  • China trade dispute weighs on equity markets

    A broad index of world stock markets edged lower yesterday as it struggled to maintain momentum amid lingering concerns over a trade dispute between Washington and Beijing. MSCI’s index of global equities inched 0.17 per cent lower on the day as...

  • Tigne Mall buys 132 parking spaces from Midi

    Tigne Mall buys 132 parking spaces from Midi

    Midi has sold 132 parking spaces to Tigne Mall, for a total of €4.6 million. T1 car park is spread over three underground levels, and the purchase means the mall would increase the number of spaces available to it from 223 to 355. The mall itself...

  • MIA reaches new all-time high

    MIA reaches new all-time high

    The MSE Equity Price Index on Tuesday extended its decline by a further 0.09% to 4,335.300 points, reflecting the drops in the share prices of Farsons and FIMBank which minimally outweighed the gains in GO, BOV and MIA. Malta International Airport...

  • Stock Exchange subsidiary signs MoU with Binance

    Stock Exchange subsidiary signs MoU with Binance

    The subsidiary company of the Malta Stock Exchange, MSX Plc, signed a memorandum of understanding on Tuesday with Binance - the world’s largest cryptocurrency exchange by trading volume - to launch a new digital exchange for security token...

  • Binance and Malta Stock Exchange to launch crypto trading platform

    Binance and Malta Stock Exchange to launch crypto trading platform

    Cryptocurrency giant Binance and the Malta Stock Exchange have agreed to launch a new digital exchange for security token trading. The security token trading platform will allow investors to trade and transfer crypto security coins. The memorandum...

  • Ryanair's German pilots to strike on Wednesday

    Ryanair's German pilots to strike on Wednesday

    German pilots' union Vereinigung Cockpit (VC) on Monday called a 24-hour strike affecting all Ryanair flights out of Germany on Wednesday to push its demands in talks with the Irish carrier on wages and work conditions. The union called on...

  • Credit impacted by ongoing macro and political issues in 2018

    Credit impacted by ongoing macro and political issues in 2018

    At the turn of the year, we had anticipated 2018 to be a topsy-turvy for credit, and anything short of that would have, at least for us, taken us by surprise. So far, this year has lived up to its expectations and is proving to be the most...

  • EU lawmakers back 45% CO2 cut for cars, vans by 2030

    EU lawmakers back 45% CO2 cut for cars, vans by 2030

    EU lawmakers backed a more ambitious carbon dioxide reduction target for fleets of cars and vans of 45 per cent by 2030, setting the stage for a tough fight with national governments. The draft rules endorsed in the European Parliament's...

  • A world-class cruise operation

    A world-class cruise operation

    Valletta’s Grand Harbour is in a league of its own: it is a surprising and rare combination of modern-day facilities and old-time charm. It is an integral part of the capital city, offering a combination of lure and capacity, of excitement and...

  • Double win at awards

    Double win at awards

    Emirates celebrated a double win at the Condé Nast Traveller Readers’ Travel Awards, after being named best business airline and best airline for long-haul holidays. The airline won the prestigious accolades based on votes from Condé Nast...

  • Maritime education open day tomorrow

    The Malta Maritime Forum and the Royal Institute of Chartered Shipbrokers are holding a Maritime Education Open Day tomorrow, at the Chamber of Commerce, Enterprise and Industry, Valletta. Twice a year the institute holds a global open day at...

  • Performance of banking sector in Malta remains healthy

    The banking sector in Malta remains well capitalised, highly liquid and profitable, and has continued to contribute to the local economy albeit at levels lower than hitherto observed, a statement issued by the Malta Bankers’ Association has...

  • Europe leads fightback after Asian shares are floored again

    Gains in Europe helped steady global stock markets yesterday, after rising anxiety about the US-China trade war and further Fed rate hikes gave Asia its longest losing streak since the end of 2015. A two per cent jump in Italian shares on soothing...

  • Money market report for the week ending September 7

    On September 3, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO).  The operation was conducted on September 4 and attracted bids from euro area eligible counterparties of €3.62 billion, €1.08 billion higher...

  • MSE Equity Price Index breaks 4-day positive streak

    MSE Equity Price Index breaks 4-day positive streak

    After reaching a 4-week high of 4,347.612 points last Friday, the MSE Equity Price Index opened this week in negative territory, the first time in the last five sessions, as it slid 0.19% to 4,339.387 points. Four equities, including HSBC and RS2,...

  • UK enjoys fastest growth in almost a year

    UK enjoys fastest growth in almost a year

    Britain reeled off its fastest economic growth for nearly a year in the three months to July thanks to strong consumer spending lifted by the World Cup and unusually warm weather, official figures showed on Monday. Gross domestic product in the...

  • Trade deficit shrinks marginally

    Trade deficit shrinks marginally

    Preliminary figures show that Malta registered a trade deficit of €218.8 millionin July 2018, compared to a trade deficit of €220.6 million in the correspondingmonth of 2017. The National Statistics Office said that both imports and exports...