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Search Result for “swiss”

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BUSINESS

Gold crosses $4,800 for the first time as US, EU spar over Greenland

Reuters, Published on 21/01/2026

» Gold prices surged to a record ​high above $4,800 per ounce on Wednesday, buoyed by safe-haven demand and a softer dollar as U.S. President Donald Trump's pursuit of Greenland threatened to reignite a trade war with Europe and upend the NATO alliance.

BUSINESS

Gold trading controls seen having limited impact on baht

Business, Nareerat Wiriyapong, Published on 20/01/2026

» Granting the Bank of Thailand powers to control online gold trading transactions will have a limited impact on curbing the baht's excessive strength, gold and currency experts say, as bullion has soared to a new all-time high of nearly US$4,700 an ounce and the Thai unit is expected to strengthen further.

BUSINESS

Surging billionaire wealth a political threat, Oxfam warns as Davos opens

AFP, Published on 19/01/2026

» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.

BUSINESS

Insurer: Disaster losses fell in 2025 but picture still ‘alarming’

AFP, Published on 13/01/2026

» FRANKFURT - Natural disaster losses worldwide dropped sharply to $224 billion in 2025, the reinsurer Munich Re said on Tuesday, but warned of a still “alarming” picture of extreme weather events likely driven by climate change.

BUSINESS

China's investment bank CICC targets Southeast Asia

South China Morning Post, Published on 05/11/2025

» HONG KONG — Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.

BUSINESS

Asian stocks track bank-led losses on Wall Street

Business, Nuntawun Polkuamdee, Published on 18/10/2025

» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.

BUSINESS

Asian shares slide, gold scales new peak as banking fears weigh

Published on 17/10/2025

» SYDNEY - Asian shares slid, Treasuries extended gains and gold hit a new high on Friday as signs of credit stress at US regional banks unnerved investors and had markets baying for more Federal Reserve policy easing.

BUSINESS

Thai central bank says no unusual market moves after US government shutdown

Reuters, Published on 01/10/2025

» The Bank of Thailand (BoT) reported on Wednesday there had been no unusual movements in the country's financial markets following the US government shutdown, and it was monitoring the situation.

BUSINESS

AI stock-picking is booming — for better or worse

Reuters, Published on 27/09/2025

» LONDON - As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fuelling a boom in the robo-advisory market, but even fans say it is a high-risk strategy that cannot replace traditional advisers just yet.

BUSINESS

Nestle sacks CEO over office relationship

AFP, Published on 02/09/2025

» GENEVA  — Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".