Market News

The past eight years have seen the Malta Stock Exchange grow at a rapid pace, with the number of listings increasing by over 90 per cent, at a time when the number of listings globally is on the decline giving an increase in private equity activity. Joseph Portelli, who has been leading the Malta Stock […]

Global trade is suffering a major setback from missile attacks in the Red Sea, where 10% of the world’s seaborne trade passes through. Oil giant British Petrol (BP) announced on Monday that it had temporarily halted all transits via the Red Sea after recent attacks carried out by the Yemeni Houthi rebel movement, an ally […]

The finance minister’s victory over Denmark’s Margrethe Vestager comes after months of wrangling Spain’s finance minister Nadia Calviño has been named next president of the European Investment Bank (EIB), resolving a fractious and long-running dispute among EU finance ministers. Vincent van Peteghem, the Belgian minister who chairs the public lender’s Board of Governors, told reporters […]

Malta is set to enjoy the strongest economic growth among EU countries this year and next year, even though it will moderate from 2022, according to the autumn forecast of the European Commission, issued. The commission said the island’s GDP growth is expected to reach 4.0% this year from 6.9% in 2022. Growth next year […]

Malta is set to chair the world’s largest security body as part of a diplomatic solution to Russia’s refusal to approve Estonia for the role.  Foreign Minister Ian Borg will hold the position as chairman-in-office of the OSCE on behalf of Malta throughout 2024.  All member states in the Organisation for Security and Co-operation in […]

The Board of Directors of Phoenicia Finance Company p.l.c announces that it has submitted an application to the Malta Financial Services Authority requesting the admissibility to listing of €50,000,0000 5.75% Unsecured Bonds 2028-2033 of a nominal value of €100 per bond issued at par, guaranteed by Phoenicia Malta Limited, both in terms of annual interest […]

The global battery market is experiencing substantial growth, with predictions of a tenfold increase by 2030, reaching 2035 GWh in market volume. However, recent data from SNE Research indicates a 6% overage in the 2021 market volume compared to predictions. The main driver is the demand from the transportation sector, particularly electric vehicles (EVs), putting […]

Middle East conflict could drive up inflation in Europe The International Monetary Fund (IMF) has warned that the conflict in the Middle East between Hamas and Israel could drive up inflation as central banks continue the battle to bring it down. During a media conference in Brussels, Alfred Kammer, the Director of the European Department […]

MALTA BUDGET 2024 –         In 2024, Government will be spending another €350m on energy and fuel subsidies –         Government aims to keep public debt below 60% threshold –         COLA for 2024 will be €12.81 per week In the coming years, the challenges brought about by climate change, energy and inflation will continue to affect global […]

New Bond Issue – 5.8% Unsecured Subordinated Bonds 2028-2033 APS Bank has announced a bond issue of up to €50,000,000 – 5.8% Unsecured Subordinated Bonds 2028-2033. These bonds will be listed on the Official List of the Malta Stock Exchange. The offer period will be open between Monday 30th October 2023 and Friday 17 November 2023, and may close […]

Microsoft publishes 2023 Digital Defence Report Over 750 billion security signals per second, processed by Microsoft 70% of companies affected by cyberattacks in 2023 are small and medium businesses Over 237 billion password theft attempts thwarted by Microsoft Microsoft has released its annual Digital Defence Report with the latest insights on how the threat landscape […]

Fighters killed Israelis and abducted some of them in an unprecedented surprise attack during a major Jewish holiday on Saturday. A stunned Israel said it is now at war with Hamas and launched airstrikes in Gaza, vowing to inflict an “unprecedented price.” In an assault of startling breadth, Hamas gunmen rolled into as many as […]