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SWISS FRANC LOW
Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...- Switzerland just buried solar panels under a live train track to get clean energyA Swiss startup, Sun-Ways, has installed solar panels between railway tracks in western Switzerland. This innovative project tests if train...
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and suppliesLufthansa Group is cancelling 20,000 short-haul flights until October. This move aims to save jet fuel amid soaring oil prices. The war in ...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- Price hikes, outlook cuts - What airlines are doing as fuel costs surgeGlobal air travel faces significant disruption due to the Iran war, leading to widespread flight cancellations and suspensions across the M...
- Dollar surges in Asia as war's safe-haven shelterThe US dollar is surging, becoming the strongest safe asset. War in the Middle East has sent oil prices soaring and other assets tumbling. ...
- War sets dollar for monthly rise, yen recovers on intervention threatThe US dollar is surging globally, driven by Middle East conflict and rising oil prices. This makes it the strongest safe asset as global r...
- Swiss franc hits strongest against dollar since Jan 2015The dollar dropped to 0.8553 francs, passing below the low from July this year, taking it to its weakest since January 2015, when the Swiss...
- Giving in to pressure? Indian money in Swiss banks falls by over 10% to Rs 12,615 crThis is the second lowest amount of funds held by Indians in the Swiss banks and follows an increase of over 40 per cent in the previous ye...
- Black money pursuit: Foreign clients move Rs 25-trillion away from Swiss banks"We estimate that around 350 bn Swiss francs in net assets under management from foreign-domiciled pvt clients have left Switzerland in las...
- Indian money in Swiss banks rise to over Rs 14,000 croreThe funds held by Indians rose by over 40% during 2013, from about 1.42 bn Swiss francs at the end of previous year, as per Swiss National ...
- Indian residents' financial assets abroad $447.8 bln at March-end: RBIRBI said financial assets of Indian residents abroad stood at $447.8 billion, posting an increase of $3.9 billion over the previous quarter.
- Pakistan money in Swiss banks higher than India's: Switzerland dataIn their local currency, the total funds held by individuals and entities from Pak in Swiss banks stood at over 15k cr Pakistani rupees.
- Indian money in Swiss banks dips to record low at Rs 9,000 crThe official data, which forms part of SNB's annual report, further showed that Indians' money there fell by about 35% or Rs 4,900 cr in 20...
- Euro hits historic low against Swiss francWith interest rates at historic lows, Swiss central bank intervened on money markets earlier this year to try to dampen the speed of the fr...
- Euro hits record low vs Swiss francThe euro briefly fell to a record low versus the Swiss franc on Wednesday as traders continued to test the SNB's resolve to keep the franc ...
- Swiss banks see huge withdrawals in 2008Swiss banks lost more than a quarter of their deposits last year as customers withdrew some 1.41 trillion Swiss francs ($1.21 trillion) ami...
- Swiss banks see huge withdrawals in 2008Figures released by the Swiss National Bank on Monday show deposits fell 27 percent to 3.82 trillion francs, their lowest since August 2005.
- Swiss exports hit high in Oct, franc soars vs dollarSwiss exports leapt to a new record in October as strong demand from European and emerging markets offset weakness in the United States, se...
- Corporates takes to franc for swaps as yen turns volatileCorprorates are increasingly exchanging their rupee loans for Swiss franc liabilities using currency swaps.
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