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Switzerland is accelerating efforts to upgrade its free trade agreement with China amid stalled tariff discussions with the U.S.
Switzerland is reducing its reliance on the U.S. following the imposition of high tariffs on Swiss exports by the world’s largest economy. With geopolitical tensions rising, the European nation is str...
Unexpectedly low Swiss inflation in September creates fresh challenges for the SNB
Swiss inflation stayed unexpectedly low in September, creating fresh challenges for the Swiss National Bank (SNB). At the same time, the country’s economy has been hit hard by Trump’s higher tariffs o...
Swiss legislators counter government push for stronger anti-money laundering law
Swiss legislators opposed the government’s anti-money laundering law in an attempt to maintain the country’s competitiveness. The lawmakers said the initiative aims to make the country more competitiv...
UBS resists demands to shrink as Swiss regulators turn up pressure
Speaking on Friday, UBS’s top executive, Sergio Ermotti, said the bank will not downsize, despite calls from Swiss regulators to shore up its stability in the wake of the Credit Suisse acquisition. Er...
Switzerland to pause all U.S.-bound shipments from August 26 over tariffs
Switzerland will stop shipping parcels to the United States starting August 26, after new U.S. tariff rules stripped a key exemption that had allowed small foreign packages to enter the country duty-f...