Category Archive: 3) Swiss Markets and News

Main Author Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

UBS WorldSkills 2019

Portiamo i talenti dove meritano: ai vertici mondiali. UBS sostiene il Team SwissSkills alle WorldSkills a Kazan dal 22 al 27 agosto.

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Börsen-Talk vom 19. Juli 2019

Die Aussichten am Schweizer Aktienmarkt haben sich eingetrübt. Daniel Egger, Chefstratege der Falcon Private Bank, warnt im Börsen-Talk aber vor Überreaktionen - und sagt, wo man jetzt einsteigen sollte.

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Börsen-Talk vom 19. Juli 2019

Die Aussichten am Schweizer Aktienmarkt haben sich eingetrübt. Daniel Egger, Chefstratege der Falcon Private Bank, warnt im Börsen-Talk aber vor Überreaktionen – und sagt, wo man jetzt einsteigen sollte.

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Switzerland could lose billions in global corporate tax reform push

Switzerland stands to lose up to CHF10 billion ($10.2 billion) as a consequence of attempts by other countries to change how multinationals are taxed. Countries belonging to the G20 and OECD are pushing for changes in corporate taxation rules to capture a larger share of taxes of multinationals based in tax-friendly destinations like Switzerland.

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Rents have risen in Switzerland’s main cities, according to rental website

The website homegate.ch has compiled data on rental prices in Zurich, Basel, Bern and Geneva over the last two years. The data shows how rents have risen in these cities and presents them on maps showing prices rises by suburb in each of these cities.

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Retirement age to rise for women in Switzerland

The Swiss government has been looking at measures to shore up the finances of Switzerland’s pension system for some time. The difference between the official retirement age for women (64) and men (65) is an obvious target.

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US ratifies double-taxation deal with Switzerland

The United States Senate on Wednesday ratified a double-taxation agreement (DTA) with Switzerland, ending years of stalemate. The agreement, which required two-thirds of votes, was accepted by a large majority, according to the US Senate website.

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Vas Narasimhan, CEO Novartis

Die Zahlen von Novartis werden vom Markt sehr positiv aufgenommen. Im Video-Interview verspricht ein zufriedener CEO Vas Narasimhan weiteres starkes Wachstum in den nächsten Jahren.

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Vas Narasimhan, CEO Novartis

Die Zahlen von Novartis werden vom Markt sehr positiv aufgenommen. Im Video-Interview verspricht ein zufriedener CEO Vas Narasimhan weiteres starkes Wachstum in den nächsten Jahren.

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UBS warns of a looming shortage of workers in Switzerland

The Swiss bank UBS estimates there could be a shortfall of 500,000 workers in Switzerland in the coming 10 years as the baby boomer generation retires. However, the bank predicts the shortfall will not be even across all industries. Some sectors are expected to stagnate. Workers in these industries might find it harder to find work.

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Survey: one in ten Swiss jobs is ‘low paid’

Around 320,000 jobs in Switzerland are considered low paid, earning a gross monthly salary of under CHF4,335 ($4,400), according to the most recent nationwide statistics. In 2016, 12% of Swiss workers earned such a low monthly salary, the Federal Statistical Office (OFS) reported on Monday.

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Swiss fuel-related CO2 emissions remained stable in 2019

Despite an increase in the use of biofuels and electric vehicles, fuel-related carbon dioxide emissions remained unchanged in 2018 in the country. The stagnation was due to the increase in road traffic. Owing to a rise in the average number of kilometres Swiss residents travelled last year, as well as growth in higher-emissions passenger vehicles – mainly four-wheel drives – fuel-related CO2 emissions in 2017 were still 3.3% above their 1990 level,...

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Old Swiss trains get chance at new life online

The Swiss Federal Railways (SBB) is selling its old locomotives on the Internet. Control cars, rails, switches and a firefighting train with a CHF1 million ($1 million) price tag are among the vintage vehicles on sale. You will be hard pressed to find anything for less than CHF25,000 on SBBresale.ch, according to the Sunday editions of the German-language Blick newspaper and French-language Le Matin.

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Competition watchdog fines car leasing companies for collusion

The Swiss competition commission (COMCO) has fined eight car leasing firms a total of CHF30 million ($30.4 million) for having swapped information on rates. The fines were announced on Thursday and come after some years of regular and systematic information exchanges between the companies on interest rates, COMCO announced.

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Number below poverty line rises in Switzerland

In Switzerland, the revenue poverty line is income of CHF 27,108 (US$ 27,490) a year for someone living alone and CHF 47,880 (US$ 48,550) for a family of four. In 2017, the percentage of Switzerland’s population living below the poverty line was 8.2% or 675,000 people. In 2016, the percentage was 7.6%.

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Half a million Swiss jobs vacancies predicted in 10 years

Retiring baby-boomers and a shifting job market could mean a shortfall of up to 500,000 workers in Switzerland over the next decade, UBS forecasts. The bank proposes plugging the hole not only by immigration, but also by boosting more old and female workers. Basing its projections on long-term employment statistics, the bank says that the number of jobs to be filled could be anywhere between 300,000 and 500,000 over the next decade.

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Börsen-Talk vom 12. Juli 2019

Bankanalyst Andreas Venditti erwartet bei den Schweizer Grossbanken bessere Zahlen, wie er im Börsen-Talk sagt. Vor allem eine der zwei Banken stehe aber weiter stark unter Druck.

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Börsen-Talk vom 12. Juli 2019

Bankanalyst Andreas Venditti erwartet bei den Schweizer Grossbanken bessere Zahlen, wie er im Börsen-Talk sagt. Vor allem eine der zwei Banken stehe aber weiter stark unter Druck.

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Swiss exports to the US significantly exceed those to Germany for the first time

According to an analysis by the Swiss broadcaster RTS, Switzerland’s EU exports have declined in recent years. Over the first quarter of 2019, for the first time, exports to the US exceeded those to Germany by more than CHF 1 billion reaching CHF 15.7 billion. Exports to the US have risen from 8.3% to 16.3% of total Swiss exports over the last 30 years.

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Some 60 percent of all Swiss banknotes are hoarded, study finds

The amount of Swiss CHF1,000 notes that are hoarded rather than being used in the economy for payments could be as high as 87%, a study by the Swiss National Bank (SNB) has shown. The report, “Demand for Swiss banknotes: some new evidence”, estimates the volume of Swiss banknotes being stashed – rather than spent or invested – over the period 1950-2017.

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