Category Archive: 3) Swiss Markets and News

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David Gracey & Lindiwe Mazibuko unpack the U.S. elections

David Gracey of Investec previews the U.S. elections with former politician Lindiwe Mazibuko – watch the full video on 9 November at www.Investec.co.za/Money

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Merkel says Brexit talks mustn’t impact Swiss-EU negotiations

Swiss talks with the European Union about immigration restrictions mustn’t be impacted by the U.K.’s decision to leave the bloc, German Chancellor Angela Merkel said. “In the EU, we should carry on negotiations with Switzerland in the same way as we would have if there were no question on Britain,”.

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Former Treasury Secretary Summers Calls For End Of Fed Independence

At an event in Davos, Switzerland earlier today, Former U.S. Treasury Secretary, Larry Summers, argued that Central Bank independence from national governments should be scrapped in favor of a coordinated effort between politicians, central bankers and treasury to engineer inflation. Seems reasonable, right?...what could possibly go wrong?

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Brexit is making it too expensive to go skiing in Alps

The promise of snow across the Alps this weekend won’t be enough to lift the gloom at some of Europe’s top ski resorts as the pound’s post-Brexit slide dents British bookings. Jon Fricker, a property developer in Beaconsfield, west of London, said some of his friends would probably back out of their annual piste reunion if the cost of a long weekend in the Portes du Soleil ski area straddling the border between France and Switzerland climbs much...

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Jared Dillian: The Morning After The Election and Market Volatility

Subscribe to Jared Dillian’s free weekly column, The 10th Man, at Mauldin Economics: https://goo.gl/pp2W73

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SMI down as investors eye the US election

The SMI is set to finish the week notably lower as investors continue to dump equities amid worries about the implications of next week’s US election, the trajectory of interest rates and mixed corporate earnings.

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How Swiss is the US electoral system?

The US electoral system may seem rather unique, but it actually has a lot in common with Switzerland’s brand of democracy. Here’s how they compare. The report is presented by swissinfo.ch’s Susan Misicka. The original video was produced by Arthur Honegger and Jonas Bayona of the online news service of Swiss public television, SRF. — …

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Swiss real estate market UBS Swiss Real Estate Bubble Index 3Q 2016

Risks to the Swiss property market remained elevated in the three months through September, according to UBS Group AG’s quarterly index. “While the buy-to-rent price ratio reached an all-time high, moderate mortgage growth and the slightly-improved economy prevented imbalances in the owner-occupied housing market from widening,” it said in a report.

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Niall Ferguson: The US Economy Is Approaching an Inflection Point

Download a FREE transcript of Niall Ferguson’s speech from the Strategic Investment Conference 2016 here: https://goo.gl/eLy5bU

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Börsen-Talk vom 4. November 2016

Laut Marc Faber steht die US-Börse womöglich an einem Wendepunkt, wie er im Börsen-Talk sagt. Andere Börsen in Europa oder in Schwellenländern würden sich daher künftig besser entwickeln.

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Antoine de Saint-Affrique, CEO Barry Callebaut

Nach einem durchzogenen Geschäftsjahr erhöht der Schokolade-Gigant Barry Callebaut die Dividende. CEO Antoine de Saint-Affrique über die Gründe dafür und die Zukunft des Kakaomarktes.

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Rudolf Minsch, Chefökonom von Economiesuisse

Rudolf Minsch äussert sich zur Vollgeld-Initiative.

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Swiss rents drop, substantially in the Lake Geneva region

Rents have dropped across Switzerland, declining substantially in the Lake Geneva region, according the the property consulting firm Wüest Partner. According to the firm, Swiss rents in the second quarter of 2016 were 1.6% lower than the same quarter in 2015. Geneva saw rents drop by 8.3% over the same period, while the region around Lake Geneva, known as the arc lémanique, saw a fall of 7.2%.

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UBS reports drop in wealth profit as Ermotti lowers costs

UBS Group AG Chief Executive Officer Sergio Ermotti pledged to continue cost cuts after profit at the wealth-management business fell and the securities unit was hurt by a slump in equities trading. Pretax profit rose 11 percent to 877 million Swiss francs ($883 million) from 788 million francs a year earlier on lower expenses, the Zurich-based bank said in a statement Friday.

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Brexit brings specter of common EU tax plan, and bodes poorly for Switzerland’s immigration negotiation

Ireland is facing another tax battle with the European Union and this time it will have to fight its own corner. Less than two months after the European Union ordered Ireland to claw back a record 13 billion euros ($14.2 billion) from Apple Inc., saying the nation illegally allowed the iPhone maker to reduce its tax rate, the European Commission will propose legislation for a Common Consolidated Corporate Tax Base on Tuesday.

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Pharma giants drag SMI stocks down

A weak performance from Swiss pharma giants pulled the Swiss Market Index down again this week after investors dropped stocks in the sector on lackluster earnings reports. The peripheral European stocks and Japan managed to buck the trend this week, global stock markets remain under pressure in the run up to US election.

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Sergio Ermotti, CEO UBS

UBS-CEO Sergio Ermotti ist zufrieden mit dem Sommer-Geschäftsgang seiner Bank. Er sagt im Interview, wie das Kostensparprogramm vorankommt und wie es mit den Rückstellungen weitergeht.

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Börsen-Talk vom 28. Oktober 2016

Laut cash-Guru Alfred Herbert herrscht an den Börsen derzeit Ratlosigkeit und Vorsicht. Was er von den US-Wahlen erwartet und wie er die Aktien von ABB und Credit Suisse beurteilt, sagt er im Börsen-Talk.

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Syngenta slumps on concern of protracted ChemChina EU review

Syngenta AG shares tumbled on concern that China National Chemical Corp.’s $43 billion takeover of the Swiss herbicide and pesticide maker risks regulatory delays in the European Union. ChemChina didn’t submit so-called remedies in the EU’s early-stage review of the deal by the Oct. 21 deadline, the European Commission’s press office said by phone on Monday.

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Weighing up the cost of childcare

Switzerland is home to the world’s most expensive childcare costs and some parents are better off looking after the children themselves. To change this, the government is suggesting introducing special tax breaks. (SRF/swissinfo.ch) For many Swiss families childcare is a big financial burden. Three days a week in a non-subsidised crèche can easily cost CHF20,000 …

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