Switzerland
Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia
It plans to invest 10% of revenue annually in developing new products and technology
UBS set to face Swiss government decision on capital in April
The state will also decide on a proposal for capital backing of the lender’s foreign units
Top bankers win reprieve as Swiss lawmakers reject bonus ban
Parliament’s upper house topples the proposed Bill with a 32 to 9 majority
UBS boss Ermotti’s pay stays at US$19.1 million in 2025
His salary is politically sensitive, as high bonuses for banking chiefs have triggered backlash by Swiss officials in the past
The frank warning from Switzerland on the US dollar
If the greenback continues to slide with cuts in interest rates, countries will be forced to take action
Swiss watch exports return to growth after US eases tariffs
Exports have gained 3.3% in December from a year before, reaching 2.1 billion Swiss francs
UBS rejects proposed Swiss bank rules, moots less costly alternatives
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model
Indonesia tightens grip on resources with Switzerland-sized land grab
Tighter control of domestic resources has been a vital concern for the Prabowo administration
Asia’s wealthy turn to Switzerland to park assets
Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut