The Swiss National Bank has surprised the markets by slashing interest rates by half a percent.
Many analysts were expecting a cut just a quarter of a percent.
Inflation is still low which gives the bank more freedom to reduce rates.
The move will also help the soaring franc which is harming exporters.
The franc fell on the currency markets after the news and shares prices rallied in Zurich.
Nervous US investors look to Swiss stability
Billions of dollars from wealthy American clients are said to be flowing into Switzerland.
FIFA trial ends, possibly
The long running corruption case involving FIFA, the former head of the organisation, Sepp Blatter and former UEFA boss Michel Platini has come to an end – possibly.
German TV show could boost cold Swiss murder case
A ten-year-old Swiss murder case is due to be featured on a German TV tonight with the hopes it may reinvigorate the investigation.
Swiss atlas says 'The Gulf of Mexico'
The publishers of the ‘Swiss World Atlas’ say they will not change the name of the Gulf of Mexico.
Successful year for the airport
Geneva Airport had a successful 2024. It’s reporting a profit for that year of more than CHF 110m. Half of that will go to the canton.
Major drug ring smashed in Geneva.
Geneva police have smashed a large scale and highly organised drug ring – one of those arrested is a Green Party elected official for Grand Saconnex. She was re-elected over the weekend.
