'Swiss Made' may mean more expensive"Swiss Made" has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a less attractive message: Made more expensive. The decision by the Swiss More… |
Swiss bank chief under pressure to quitSwitzerland's biggest political party yesterday piled fresh pressure on the embattled head of the country's central bank to quit over a currency trade scandal. Swiss media said Philipp Hildebrand had failed to defuse the crisis when he ple More… |
Swiss currency move stuns world marketsThe Swiss National Bank shocked markets on Tuesday by setting a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold down. The SNB exchange rate cap move disc More… |