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  • Money market report for the week ending May 11

    On May 7, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on May 8 and attracted bids from euro area eligible counterparties of €2 billion, €0.56 billion lower than the bid amount...

  • GO sees €29.5m profits in 2017

    GO sees €29.5m profits in 2017

    GO saw its operating profit increase by 12 per cent in 2017 to reach €29.5 million throughout the year, with earnings before interest, tax depreciation and amortisation rising by 6.5 per cent to €61.6 million. The telecommunications company...

  • Every bank’s nightmare

    Every bank’s nightmare

    Few things can make a bank director or CEO lose sleep at night like the prospect of failure of the organisation’s IT system. The meltdown of TSB’s IT system on April 20 laid bare the risks banks take when they decide to upgrade their legacy...

  • European Equities are making a comeback

    2018 started off with a bang. By mid-January European equities were up 4.8 percent. That meant that compared to other asset classes equity investors could have closed books and happily boasted a year’s returns. Obviously some greed kicked in and...

  • North Korea offering cheap coal on hopes sanctions will ease

    North Korea offering cheap coal on hopes sanctions will ease

    Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling it at ports inside the isolated country, hoping recent diplomatic moves lead to an easing of sanctions barring purchases of North Korean coal, three Chinese...

  • As flat prices soar in HK, investors park money down in the lot

    As flat prices soar in HK, investors park money down in the lot

    Esther Fan’s nest egg is tucked away in an old residential complex on the outskirts of Hong Kong – two parking spaces in a dimly-lit lot alongside dozens of luxury cars and a Mini Cooper with fake eyelashes on its headlights. Her parking spots,...

  • Shipping movements

    The following ships are expected in Malta: The CMA CGM Cendrillon from Koper to Port Said, the Buxcoast from Aliaga to Valencia (both CMA CGM Malta Agency Ltd), the BF Esperanza from Sfax to Algiers (Thomas Smith & Co. Ltd), the MV Eurocargo...

  • EY Malta launches All Things Tech event

    Technology is at the centre of business change and provides opportunities to improve performance, manage risk and drive innovation. Getting the technology right can be the start, or the end point, of a transformation. Our mission at EY Malta IT...

  • Can Malta leverage more EU funding?

    One of Europe’s flagship projects to address the low levels of investments following the financial crisis was the European Fund for Strategic Investments (EFSI). This fund was launched in mid-2015 and is due to mobilise the targeted €315 billion...

  • Emerging markets – a threat or an opportunity?

    Emerging markets opened the year strongly on the back of a positive global growth outlook, low and stable inflation, rising commodity prices and, more importantly, a weak dollar. Emerging market (EM) currencies appreciated against the dollar, EM...

  • ‘Going beyond short-term market volatility’

    ‘Going beyond short-term market volatility’

    Wayne Spiteri, managing director of HSBC Global Asset Management Malta, and Stéphane Mesnard, Multi-Asset Fund Manager at HSBC Global Asset Management, speak about the sensible way to put one’s assets to work with a view of creating future...

  • Automation in financial services

    Automation in financial services

    How would you define automation in financial services? Whether you are in the banking, private pensions, insurance, forex or wealth management space, the world as you know it is changing and you are facing continuous pressure to de-risk, improve...

  • Disclaimer

    The information published in this page is intended for information purposes only. Any legal claim or action taken in the event of a dispute should be based solely on the legal texts concerned. For more information, call the Office for Consumer...

  • Extended warranties – better protection?

    Extended warranties – better protection?

    Getting the best value for money spent on products is the ultimate goal of all consumers. This goal is not achieved when we buy goods that after a while break down and we either have to fork out money to fix them or replace them. This situation...

  • Defective furniture

    Q: Around four months ago I purchased some furniture with a white gloss finish from a local seller. Recently I noticed that the gloss was peeling off. Another piece of the same type of furniture is scheduled to be delivered soon. The furniture...

  • Weekly advice

    ▪ Before buying an extended warranty we should inform ourselves on the benefits the warranty offers. ▪ Consumers should weigh the cost of the extra guarantee against the cost of replacing the item or repairing it outside the guarantee. ▪ The law...

  • MSE Index down by 0.41%

    MSE Index down by 0.41%

    The MSE Equity Total Return Index fell by 0.41 per cent – partially erasing the previous week’s 1.178 per cent gain, closing at 8,436.141 points. Turnover increased to €1.3 million from €910,608 spread across 20 equities of which gainers and...

  • US consumer prices rise less than expected in April

    US consumer prices rebounded in April after retreating in March, driven by a surge in fuel prices and an increase in housing costs. The Consumer Price Index (CPI), which gauges costs for household goods and services, rose by a seasonally adjusted...

  • Company briefs

    MDB Group (MeDirect), a pan-European entity with banks in Malta and Belgium has appointed Michael Curtis as chief investment officer. Mr Curtis will be responsible for leading the core credit activities of the bank, while developing new and...

  • Finance without frontiers

    Finance without frontiers

    The world of business and financial services is not as clear-cut as it once was; industries are merging and it’s become necessary to broaden one’s mindset to keep up to date with developments within the industry, while still retaining one’s...