Swiss economy to expand by 2 percent in 201822 August 2018
Swiss economy is predicted to expand by 2 percent this year by cautions calculations made by the Swiss National Bank. This will mean its fastest progress in 4 years. Additionally, the surplus forecast for financial year 2018 is now projected at CHF 2 billion, better than previously estimated data.
Swiss companies invest the most in R&D, according to a new survey17 August 2018
The new survey conducted by EY shows that Switzerland is leading the pack when it comes to investments in research and development globally. Swiss companies dedicate 6.6 percent of their turnover to R&D, almost twice as much as is the global average.
Can Switzerland retain its trust factor in the world of distrust?08 August 2018
As research shows trust in corporate and finance world is rapidly falling. Switzerland has been long known as one of the most trusted country in terms of financial, banking or – more recently – fintech services. Will it remain like that when distrust is spreading around the globe?
Switzerland: strong profits of SNB, new data on foreigners31 July 2018
Swiss Federal Government published data on foreign residents in the country that showed numbers are on the rise. Over two million foreigners live in Switzerland, which makes for one quarter of the country’s total population. The beginning of the week brought also financial data of Swiss National Bank.
Euro falls as ECB disappoints investors27 July 2018
The euro exchange rate stumble on Thursday after the European Central Bank decided to hold on tight to is monetary policy despite investors’ hopes. There will be no change in the near future to the low rate strategy. Dollar reached five-days high on Friday.