Featured Asian markets slide as c. bank decisions, geopolitical uncertainty loom Aya Anwar Dec 9, 2024 0 Asian shares dipped on Monday, led by a 2.4 per cent decline in South Korean stocks amid political uncertainty…
Banks Swiss c. bank to launch new banknote series Nada Ali Oct 30, 2024 0 The Swiss National Bank (SNB) announced plans to develop its tenth banknote series, focusing on the theme of…
Featured Swiss c.bank cuts policy rate by 25 bps Yomna Yasser Sep 26, 2024 0 The Swiss National Bank (SNB) decided on Thursday to lower the SNB policy rate by 0.25 percentage points to 1.0 per…
Featured Switzerland’s GDP surges Aya Anwar May 30, 2024 0 Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
Featured Swiss franc falls to lowest after SNB rate cut Aya Anwar Mar 21, 2024 0 The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Featured Swiss National Bank makes first rate cuts in 9 years Yomna Yasser Mar 21, 2024 0 The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the first-rate reduction…
Money Swiss c. bank likely to cut rates Aya Anwar Mar 20, 2024 0 A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
Money SNB sells forex worth CHF132.9b in ’23 Aya Anwar Mar 19, 2024 0 The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Banks Credit Suisse borrows $50bln from Swiss National Bank Nada Ali Mar 16, 2023 0 Credit Suisse said on Wednesday it would borrow some 50 billion Swiss Franc ($53.7 billion) from the Swiss National…
Banks Swiss central bank raises interest rates by 0.75%, ending era of negative rates Nada Ali Sep 22, 2022 0 Swiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift that…