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Switzerland
Swiss private banks urged to find partners in ‘complex’ world
SINGAPORE (Oct 1): Switzerland’s diminishing band of mid-sized private banks should consider teaming up with other firms to expand in Asia and tap into the business of managing the wealth of the region’s millionaires, according to the chairman of the
October 01, 2018
Singapore to host China's Davos wannabe forum amid fallout of trade war with US
SINGAPORE (Aug 30): New Economy Forum, a conference of global business and political leaders in Beijing has been relocated to Singapore due to the fallout from the trade war between the United States and China, reported the New York Times.
August 30, 2018
1MDB Watch
1MDB witnesses 'too scared to talk' in fear of retaliation
LOS ANGELES (Sept 6): Possible witnesses to the alleged looting of billions of dollars from 1Malaysia Development Bhd are too scared to talk to US investigators because they fear retaliation, according to the Federal Bureau of Investigation.
September 06, 2017
Singapore, Hong Kong on track to match Swiss haul of offshore cash: BCG
ZURICH (June 14): Singapore and Hong Kong together will hold as much overseas wealth as Switzerland in four years' time, according to a study by Boston Consulting Group (BCG).
June 14, 2017
World’s highest-paid expats toil in land of fondue and watches
(Jan 2): It pays to be an expatriate in Switzerland.
January 03, 2017
1MDB Watch
Swiss man linked to 1MDB investigation released from Thai prison
BANGKOK (Dec 20): Thailand on Tuesday freed from prison a Swiss man jailed for blackmail and attempted extortion in a case linked to a scandal over Malaysian state fund 1Malaysia Development Berhad (1MDB).
December 20, 2016
Singapore overtaken by Hong Kong in IMD World Talent Ranking
SINGAPORE (Nov 29): Singapore has fallen out of its position among the top 10 in the IMD World Talent Ranking 2016. The city state fell five places to 15th place while Hong Kong rose two places to take Singapore’s previous rank at 10th position.
November 29, 2016
1MDB Watch
Malaysia again rebuffs Swiss request for help in 1MDB probe
(Nov 11): Malaysia has again rebuffed Switzerland's request for legal assistance in probing suspected corruption linked to scandal-hit state fund 1MDB, the Swiss attorney general's office said on Friday.
November 11, 2016
Olam adds East African coffee specialist to business brew with $10.4 mil acquisition
SINGAPORE (Oct 24): Agri-business Olam International has acquired a 100% stake in Schulter S.A., an East African coffee specialist, for US$7.5 million ($10.44 million).
October 24, 2016
Brexit
France warns Brexit would be irreversible, single market access at stake
PARIS (June 23): French President Francois Hollande warned on Wednesday that if Britons voted to leave the European Union it would be an irreversible decision that could seriously jeopardise Britain's prized access to the bloc's single market.
June 23, 2016