Switzerland ups 2026 GDP growth forecast Published 20 Sep, 2026 02:22am SWITZERLAND: The Swiss government on Thursday upped its 2026 economic growth forecast to 1.7percent, citing an...
Yen jumps, dollar slips on Waller comments Published 04 Sep, 2026 05:29am NEW YORK: The yen jumped by 2 percent against the US dollar on Thursday as traders ramped up bets on a Bank of Japan...
Elevated oil prices significantly affect foreign exchange reserves Updated 16 Mar, 2026 06:04am Last week proved to be very challenging for global financial markets, which are hoping for a resolution to the...
Euro, yen slide as ME conflict escalates Published 03 Mar, 2026 05:24am NEW YORK: The euro and yen fell on Monday as concerns about higher oil prices dented the currencies of countries...
Swiss National Bank reports annual profit of $34 billion Published 02 Mar, 2026 12:03pm The SNB made a valuation gain of 36.3 billion francs on the 1,030 metric tonnes of gold it holds, it said on Monday
Gold is set for another predictable week Published 08 Dec, 2025 02:51am The Federal Reserve’s interest rate decision is set to be the major highlight of the week. While the market is...
Currencies muted as traders await economic data for US rate path clues Published 25 Sep, 2025 10:45am The dollar has edged higher since the Fed lowered interest rates last week
SNB’s Martin strikes cautious note on prospect of negative rates Published 27 Aug, 2025 11:51am ZURICH: The bar is higher for the Swiss National Bank to move interest rates into negative territory than it would...
Swiss National Bank posts H1 loss of 15.3bn francs as dollar weakness weighs Published 31 Jul, 2025 11:09am ZURICH: The Swiss National Bank on Thursday reported a loss of 15.3 billion Swiss francs ($18.83 billion) for the...
Swiss National Bank flags uncertainty due to trade, tensions in stability report Published 19 Jun, 2025 10:37am ZURICH: The Swiss National Bank said on Thursday the economic and financial outlook is highly uncertain,...
Swiss National Bank denies currency manipulation after being put on U.S. watch list Published 06 Jun, 2025 02:23pm ZURICH: The Swiss National Bank said on Friday it would intervene in foreign currency markets where necessary to...
Swiss National Bank bought forex worth 1.2 billion francs in 2024 Published 18 Mar, 2025 12:19pm ZURICH: The Swiss National Bank bought foreign currency worth 1.2 billion Swiss francs ($1.36 billion) in 2024, the...
SNB lowers threshold factor for sight deposit interest payments Published 16 Dec, 2024 03:37pm ZURICH: The Swiss National Bank will lower the threshold factor where it pays interest on sight deposits to...
Loonie, Aussie in focus while US dollar idles Published 09 Dec, 2024 09:52am SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings...
Swiss National Bank not locked into rate cuts, Vice Chairman says Published 11 Nov, 2024 11:09am ZURICH: The Swiss National Bank is not locked into more interest rate cuts in December, Vice Chairman Antoine Martin...
UBS fund management arm reports 3% stake in Swiss National Bank Published 25 Oct, 2024 07:29pm UBS Fund Management (Switzerland) AG now holds a 3% stake in Swiss National Bank, according to an October filing...
New Swiss central bank chief takes charge in shadow of Credit Suisse trauma Published 30 Sep, 2024 12:07pm ZURICH: As the Swiss National Bank’s new chairman Martin Schlegel takes office this week, the jury is out on the...
SNB cuts interest rates by 25 basis points for third time this year Published 26 Sep, 2024 01:53pm ZURICH: The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this...
Swiss franc rallies broadly after 25-bp SNB rate cut Published 26 Sep, 2024 01:49pm The Swiss franc strengthened on Thursday after the Swiss National Bank (SNB) cut its benchmark rate for a third time...
Swiss authorities draw flak in Credit Suisse probe: report Published 15 Jul, 2024 06:25am ZURICH: Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have...
Australian dollar hits highs on yen and euro as rates diverge Published 24 Jun, 2024 07:00am SYDNEY: The Australian dollar was heading for hefty weekly gains on Friday as a diverging outlook for interest rates...
Swiss central bank cuts rate for second straight time Published 20 Jun, 2024 02:35pm ZURICH: The Swiss National Bank announced Thursday its second straight interest-rate cut, after becoming in March...
Dollar set for weekly rise Published 23 Mar, 2024 05:41am NEW YORK: The dollar headed for a second week of gains on Friday, with a slight rate hike in Japan unable to halt ...
Dollar gains on risk sentiment Published 22 Mar, 2024 04:57am NEW YORK: The dollar rose on Thursday as the strength of the US economy and high interest rates along with a ...
Sterling steady ahead of Bank of England decision Published 21 Mar, 2024 01:31pm LONDON: The pound steadied against the dollar on Thursday, ahead of a Bank of England meeting at which the central...
Swiss central bank calls for more action on capital regulation Published 19 Mar, 2024 12:55pm ZURICH: The Swiss National Bank (SNB) on Tuesday said more action needed to be taken on capital regulation following...
Swiss National Bank loses $3.6 billion in 2023 Published 04 Mar, 2024 12:42pm ZURICH: The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the...
Swiss National Bank posts annual loss of 3 billion Swiss francs Published 09 Jan, 2024 12:09pm ZURICH: The Swiss National Bank posted an annual loss of 3 billion Swiss francs ($3.54 billion) for 2023, the...
Swiss National Bank keeps interest rate at 1.75% as expected Published 14 Dec, 2023 01:53pm BERN: The Swiss National Bank held its policy interest rate steady at 1.75% on Thursday, kicking off a busy day for...
Dollar on back foot as traders look to Fed for cut timing clues Published 13 Dec, 2023 09:32am TOKYO: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion...