Category Archive: 3) Swiss Markets and News
Swiss Markets Review: SMI underperforms global stocks
The Swiss Market Index is set to finish the week largely unchanged while global stocks gain on positive US third quarter earnings results, favourable central bank statements and a rallying oil price. The S&P 500 saw its biggest advance since September on Wednesday after US banking giants Citigroup, JP Morgan, Morgan Stanley and Wells Fargo all posted better-than-expected quarterly results.
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Bashar al-Assad speaks to Swiss television
In an interview with Swiss public television, SRF, aired on Wednesday, Syrian President Bashar al-Assad denied government forces bombed hospitals indiscriminately. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos …
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A former Wall Street Trader Explains Why He Is Net Short Now
Subscribe to Jared Dillian’s free weekly column, The 10th Man, at Mauldin Economics: https://goo.gl/R0kUcm
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Daniel Hannan – The Right Approach To Brexit
Daniel Hannan, a British member of the European Parliament (MEP), made an eloquent, impassioned speech this weekend on what should take place in Brexit talks. After listening to Hannan on Brexit, regulation and trade, I am certain he would make a far better US president than anyone in the entire field from 18 months ago.
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SA’s political tipping point? By Stephen Grootes
Description: Senior political correspondent Stephen Grootes shares his views on the recent developments involving Minister of Finance Pravin Gordhan, and the possible impact on both the ruling party and South Africa as a whole.
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The Swiss Begin To Hoard Cash
While subtle, the general public loss of faith in central banking has been obvious to anyone who has simply kept their eyes open: it started in Japan where in February hardware stores were reported that consumers were hoarding cash, as confirmed by t...
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Hydrogen-powered street sweeper hits the road
Over the next two years, the municipality of Dübendorf, in canton Zurich, will be testing a hydrogen powered street cleaning vehicle. The trial is intended to show the viability of hydrogen power for everyday use. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on …
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Swiss cross-border shopping declines
Residents of German-speaking Switzerland appear to doing less shopping across the border, something that has also been observed in Geneva. According to the newspaper the Handelszeitung, Swiss cross-border shopping peaked in 2015 and local customs posts have seen a decline in VAT and duty collected since March.
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Global stocks at lowest levels since July
The Swiss Market Index is set to finish the week lower, but outperforming global stocks, thanks to a strong week of luxury good stocks. Global stocks fell to their lowest levels since July on Thursday as investors rushed to the safety of government bonds, yen and gold after renewed concerns over weakness in the Chinese economy and as the Federal Reserve considers raising interest rates.
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Sailors from a landlocked country
The Swiss merchant navy celebrates its 75th anniversary in 2016. Up until the 1960s, the crews of Swiss ocean-going freighters were still mainly Swiss. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For …
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Börsen-Talk vom 14. Oktober 2016
Ungeachtet einer unsteten Börse sollen Anlager auf Megatrends setzen. Anlagechef Sandro Merino von der Basler Kantonalbank sagt, warum Digitalisierung, Klimawandel und Automation Gründe zum Diversifizieren sind.
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More Swiss visas for non-Europeans in 2017
Visa quotas for non-EU workers will rise next year. The increased quotas will include 3,000 B-permits and 4,500 L-permits, 1,000 more than this year. These limits are still lower than in 2014, when Swiss politics turned against the free movement of workers from the EU.
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Forget ‘Great, Again’; Make America Switzerland?
talked to a Swiss local yesterday about American politics. He says everyone in Switzerland is following the race closely. He favors Trump because he thinks Trump would be better for the global economy. I asked if anyone he knows in Switzerland is worried about Trump’s “temperament” and having his finger on the nukes.
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Swiss central bank can cut rates further if needed, says bank president Jordan
The Swiss National Bank can cut interest rates further into negative territory if needed, President Thomas Jordan said. “We have still some room to go further if necessary,” Jordan said Saturday in an interview in Washington with Bloomberg Television’s Francine Lacqua. Jordan, who is attending the annual meetings of the International Monetary Fund and the World Bank, noted that the bank has already pushed rates quite far.
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George Friedman: Eurasia Is Undergoing Massive Destabilization
Download a FREE transcript of George Friedman’s speech from the Strategic Investment Conference 2016 here: https://goo.gl/TkNV6o
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Manufacturing opportunities with robots
Swiss manufacturing is often associated with quality and precision. Automation could soon be part of the equation too. (srf/swissinfo.ch/cp) According to an index by the World Intellectual Property Organization (WIPO), Switzerland is top in the world when it comes to innovation, but it’s also faced with some of the highest labour costs in the world. …
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Swiss Freiberg breed fights for recognition
The Swiss Freiberg breed is trying to shake off its work horse image. The pedigree that used to be popular with the army and famers was recently on show at the Marché-Concours horse show in Saignelégier, canton Jura. (SRF/swisisnfio.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to …
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Too proud to go on welfare
The Brogers have been entitled to welfare for the past 20 years but have never taken payments. It’s a matter of pride for the couple. It would also mean giving up their 13 dogs. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and …
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