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The Swiss National Bank (SNB) has partnered with six commercial banks, including UBS, Zuercher Kantonal Bank, Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank (ETR:CBKG), and Hypothekarbank...
(Reuters) - Higher oil prices amid turmoil in the Middle East are increasing prices of jet fuel, which accounts for a big portion of airlines' costs. Brent crude oil almost hit $94 a barrel shortly...
Swiss inflation remained steady in October, leading to expectations that the Swiss National Bank (SNB) might maintain its current interest rates. The factors contributing to this stability included a...
The Swiss National Bank (SNB) reported a Q3 profit of 1.7 billion francs for 2021, defying previous loss forecasts. This turnaround was primarily driven by a surge in gold holdings and earnings from...
On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese stimulus...
The International Monetary Fund (IMF) on Tuesday urged global regulators to impose stricter stress tests and heightened scrutiny on banks, including smaller ones, in an effort to minimize sector...
The Financial Stability Board (FSB) has heightened its scrutiny of the escalating debt among non-banking entities, underlining the potential risks to the global financial system. This initiative, led...
The global financial markets, on Monday, witnessed a surge in long-term government yields across Europe and the Americas. BlackRock Inc (NYSE:BLK)., the world's leading asset manager, suggested that...
The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This comes as the...
The Swiss National Bank (SNB) defied consensus expectations on Thursday by maintaining its main policy rate at 1.75%, marking an end to its five consecutive quarter streak of increases. The decision...
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