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Switzerland

Switzerland
The latest news, analysis and opinion on Switzerland. In-depth analysis, industry insights and expert opinion.
Capital
Bern
Head of State
President Viola Amherd
Head of Government
President Viola Amherd
last updated:
29 November, 2024
An electronic sign shows stock prices at the Lujiazui financial district in Shanghai on March 21, 2023. Photo: Reuters
China stock market

China’s DeepSeek-led AI story to draw US$200 billion into stocks: Goldman Sachs

The bank raises its 12-month targets for the MSCI China and CSI 300 indexes, implying a 16 to 19 per cent upside from current levels.

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American cinema

Audrey Hepburn lived here: Swiss villa on market for US$21 million

Food and Drinks

Coffee and cheese go together. Yes, really. Why they work, and pairing tips

Armenia

Most Asia-Pacific entrepreneurs see major potential in AI: UBS

Globally, about 67 per cent of respondents said they would use AI to improve productivity, while 46 per cent would use it to cut headcount.

People gathered on The Bund in Shanghai with the city’s financial district in the background. Photo: Reuters
Biomedicine: Companies

Chinese biotech firms cash in on promising drug discoveries via licensing

China has 4,804 new drug candidates under development, second only to the US at 5,268, according to data provider PharmCube.

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Hong Kong stock market

Hong Kong stocks rise as UBS sees big fund inflows amid state support plans

UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.

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World Economic Forum

Trump tells Davos he wants Xi to help stop Ukraine war – as it happened

The returning US leader also wants more money from Nato members, threatened Canada tariffs and talked about the AI race with China.

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Trump is shown on screens as he addresses the WEF via remote connection. Photo: EPA-EFE
Hong Kong economy

Hong Kong’s Paul Chan defends city’s currency peg to US dollar in Davos

Finance chief says important to offer stability for the business environment, as volatility expected in capital markets during Trump presidency.

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Electric & new energy vehicles

Chinese electronics recycler GEM plans Hong Kong share listing

Specialist in recycling batteries, electronic waste, scrapped cars and waste plastics seeks funds to speed global expansion.

Climate change

Davos climate activists paint Amazon base green, disrupt helicopters

Greenpeace, which briefly blocked heliport in the Swiss town, said it was calling for ‘a fair tax on the richest people’.

Climate activists hold a banner as they stand behind police after they painted the windows of the Amazon booth during the World Economic Forum (WEF) annual meeting in Davos, Switzerland on Monday. Photo: AFP
Electric & new energy vehicles

China’s WeRide starts third European self-driving trial in Switzerland

Company is stepping up efforts in Southeast Asia, the Middle East, Europe, Japan and South Korea, CEO Tony Han says.

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WeRide-powered autonomous vehicles have found use at Zurich airport and the French Open. Photo: Weibo/ Xauto报告
European Union

Switzerland: UBS size worries former finance minister, must reduce risk

Following its takeover of Credit Suisse, some fear UBS is too large and may seek a new home outside Switzerland.

Hong Kong economy

Swiss stance on Russia may boost family office business in Hong Kong: minister

Switzerland’s neutral image affected by Russia-Ukraine war, treasury secretary Christopher Hui says.

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Banking & finance

More records found linking Credit Suisse bank to Nazi accounts: US panel

Tens of thousands of documents are new proof of existence of account holders linked to the Nazis, Senate Budget Committee said on Saturday.

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Logos of Swiss banks UBS and Credit Suisse in Zurich, Switzerland. Photo: Reuters
Timepieces

Meet the woman behind ‘the Oscars of watchmaking’, Carine Maillard

She was originally more invested in the art world, having studied Chinese art and medicine, but working in museums led her to the world of watchmaking.

Carine Maillard, director of Grand Prix d’Horlogerie de Genève. Photo: Handout
New medical drugs

Novel drug awaits Hong Kong diabetics suffering from debilitating eye disease

Oculis’ OCS-01 eye drops, currently in phase 3 trials for diabetic macular edema, can be an alternative to injection, CEO says.

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Racism and other prejudice

Switzerland seeks to ban Nazi symbols amid surge in antisemitism

Use of the swastika, Hitler salute and other such signs in public would be punished with a US$224 fine under the proposed law.

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Ukraine war

Topless women protesting Ukraine war detained for vandalism near UN building

The women are with the group Femen, which is known for its provocative protests.

Activists of the feminist group Femen protest to support Ukraine and to demand Russia’s expulsion from the UN, in front of the European headquarters of the United Nations in Geneva. Photo: AP
Art

‘It’s too much,’ say some visitors to Marina Abramovic retrospective

The exhibition in Zürich, which includes photos from the artist’s infamous Rhythm 0 performance, warns that it contains disturbing scenes.

Food and Drinks

Japanese bento box meals going global, starting in Switzerland

Travellers using Zurich Central Station will get a chance to try ekiben, or bento box meals, as their Japanese makers eye global expansion.

Auctions

Rare Roman coin sells for US$2.09 million at Geneva auction

Historic item was minted in 43-42 BC and features a portrait of Brutus, the assassin of Julius Caesar. It was originally priced at US$843,000.

A rare Roman gold coin is displayed at the Numismatica Genevensis (NGSA) auction house in Geneva. Photo: AFP
Thailand

Swiss Air crew investigated for filming passengers’ ‘intimate acts’ on flight

A flight crew member recorded a video of the incident involving two passengers from a screen in the cockpit.

The airline said disciplinary action against the crew members was being considered. Photo: Shutterstock
Style Edit

Style Edit: Rolex’s equestrian connection with CHI Geneva

Witness the world’s best show jumpers compete at CHI Geneva, a tradition since 1926, with Rolex’s unwavering support.

Science

China physics prodigy part of Swiss quantum team’s mechanical qubit breakthrough

PhD student Yang Yu, a graduate of USTC’s school for the gifted young, and his fellow researchers achieve the impossible.

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Luxury brands

Swiss luxury watch brand Audemars Piguet makes timely entry in Macau

The watch maker is sprucing up its showroom in Hong Kong and opening more in Shanghai, Beijing and Taipei, CEO Ilaria Resta says.

Swiss watch maker Audemars Piguet opened its first AP House in Macau in late November. It occupies two floors and covers an area of over 900 square metres, the largest in Asia. Photo: Instagram/iwatchome
Watch Edit

Watch Edit: Tudor adds a Formula One model to its long dive heritage

Metas-certified Black Bays add to the brand’s technical chops while the latest Pelagos maintains the proud lineage of models worn by the French Navy.

Today, Tudor’s Black Bay comes in colourways such as burgundy or black. Photo: Handout
Banking & finance

Singapore, Hong Kong among top picks in Asia for investment: HSBC

Singapore is the top destination for wealthy entrepreneurs to relocate, while Hong Kong fails to make the top 10.

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US-China relations

Opinion | China-West academic decoupling does the world no favours

Dismantling the bridges of scientific and academic cooperation built over decades is a choice the world cannot afford at this crucial moment.

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