The Swiss Times - Swiss News in English

March Continues to See Highs For Those Seeking Asylum

March 2024 sees a significant rise in asylum applications in Switzerland, with Afghan nationals leading the influx.

Swiss National Council Reject An Increase in Child and Education Allowances

The Swiss National Council votes against a CHF 100 increase in child and education allowances.

UBS Need To Increase Capital By 10-15 Billion Claims Reuters

Switzerland's finance minister endorses estimates that UBS might need an additional $15 to $25 billion in capital under new regulatory proposals.

Switzerland To Send CHF 19M To Sudan

Switzerland contributes CHF 19 million at the Paris donor conference, focusing on humanitarian relief.

Zurich is Burning the Böögg: The Start of Summer

Zurich's Sechseläuten festival features the Böögg's burning, a guest appearance by Appenzell Ausserrhoden.

Teleworking Taxation Law for Cross-Border Commuters: National Council Approve

With a unanimous vote, the Swiss National Council enacts a federal law regulating telework taxation for cross-border commuters.

Swiss Insurance and Pension Funds Increase Their Stake in the Mortgage Market

Helvetia subsidiary Moneypark reports a rise in mortgage contributions from insurance and pension sectors, hitting a record 45% of brokered volumes in Q1 2024.

Swiss Based Logitech Stock Price Drops Early Monday

Erik Woodring downgrades Logitech (LOGI) to 'Sell,' setting a $75 target due to mismatched growth expectations and valuation spikes.

Fighting Inflation: 11 Months of Decreasing Prices – Producer & Import

Switzerland experiences continued annual deflation with a significant drop in import prices.

Switzerland’s Role in the Global Circuit Breakers Market Surge

Switzerland is steering the global circuit breakers market towards a $17.8 billion valuation by 2030.

CVC Capital Partners Announces IPO on Euronext Amsterdam

CVC Capital Partners gears up for an IPO, showcasing its impressive catalog of investments in Switzerland.

Temenos Exonerated By Independent Investigation

Temenos vindicated in an independent investigation; allegations of financial irregularities by Hindenburg Research found baseless.

St. Gallen Elections: SP Defend Seats From the SVP

St. Gallen's SP successfully defends its government seats against the SVP in the recent elections.

47 Year Old Tourist Falls 700 Meters to His Death

Ski touring accident in Tschlin results in a fatal fall for a 47-year-old.

Sunday, April 14 Weekly Round Up

Controversy surrounding a Russian-Swiss citizen accused by the FBI of aiding in sanctions evasion, escalating climate protests and more.

Esprit Declares Bankruptcy in Switzerland Claims WWD

Esprit has plans for bankruptcy as part of its global restructuring strategy, closing in Belgium and Switzerland.

Swiss Air Reroutes Flights: Avoiding Iranian Airspace

Swiss air avoids Iranian airspace amid Middle East tensions, rerouting flights to Hong Kong, Bangkok, and more.

The Swiss Justice System is Overloaded

Swiss police directors launch a project to study the causes of overburdened law enforcement.