Economy of Switzerland

Swiss housing market moved closer to bubble territory in first quarter: UBS

Demand for housing is strong in Switzerland. Photo: SCMP

Risks to Switzerland's housing market increased further in the first three months of the year, raising the question as to whether authorities have taken sufficient steps to prevent the bursting of a bubble.

Wednesday, 8 May, 2013, 2:33am

Former UBS banker finally gets his just rewards

Bradley Birkenfeld

Bradley Birkenfeld, the former UBS banker who went to prison after telling the United States Internal Revenue Service how the bank helped thousands of Americans evade taxes, secured a whistle-blower award of US$104 million, the largest individual federal payout in US history.

13 Sep 2012 - 11:50am

Who said it?

The directors can't do without me. All my rivals are either dead or have been made redundant because of my success

Misha Shawdagar, a Bangladeshi actor who has appeared in more than 750 films

Davos Man is not this caricature of the rich and powerful person

Klaus Schwab, founder of the World Economic Forum

25 Jan 2012 - 12:00am

It can only get a lot worse

The word of the year for 2011, chosen by the American Dialect Society, was 'occupy', though some radical spirits recommended 'a**holocracy', which they defined as rule by multi-millionaires.

17 Jan 2012 - 12:00am

Australian PM's talkfest has a lot riding on it

The most sought-after invitations in Australia this weekend are not to the VIP enclosure for the world's richest horse race for two-year-olds, the A$3.5 million (HK$25.5 million) Golden Slipper, but to Prime Minister Kevin Rudd's 2020 summit on ideas to shape the nation's future.

19 Apr 2008 - 12:00am

Poor result

Hong Kong has slipped two places to 12th, in the World Economic Forum's global competitiveness rankings. What measures can we take to prevent a further drop in this annual league table? Write to us.

2 Nov 2007 - 12:00am

Dalian forum strives to put forth more than talk-shop image

Last Tuesday about 1,700 chief executives from the world's biggest firms, government officials, academics and hundreds of media representatives poured into Dalian, a coastal tourist city in the mainland's north, for the summer meeting of the World Economic Forum - the first held in the country in the 36-year history of the non-profit organisation.

10 Sep 2007 - 12:00am

Davos forum's founder plans Chinese summit

A plan to hold an annual 'summer Davos' summit on the mainland reflects the 'changing power equation' in the global economy and China's growing influence on the world stage, says the founder of the World Economic Forum.

18 Mar 2007 - 12:00am

What 'world forum' without Asia?

The world is supposed to be getting smaller and more integrated as trade, capital flows and migration all grow a lot faster than populations and economies. But when it comes to ideas and interests, it is not at all clear that a fusion is taking place.

7 Feb 2005 - 12:00am

HK returns with style

THE HONG KONG contingent returned to BaselWorld with a flourish this year, celebrating the triumph of having a new venue dedicated to overseas exhibitors as the jewellery and watch fair's organisers made amends for last year, when it caused the Hong Kong contingent to pull out by imposing impromptu Sars control measures.

14 May 2004 - 12:00am

Shunned firms back in force for Basel fair

Victims of a Sars 'ban', HK watch and jewellery makers are wooed to return

Watch and jewellery makers in Hong Kong are set to return in force to the world's biggest industry trade show next month in Switzerland, although they still feel hurt after being effectively banned last year because of the Sars outbreak.

26 Mar 2004 - 12:00am

Event deal will fortify trade links with Swiss

Bilateral links with Switzerland will strengthen with an agreement struck with Hong Kong to host the world's largest annual jewellery fair for the next six years, a Swiss trade delegation says.

The parties signed the deal on BaselWorld in September.

11 Nov 2003 - 12:00am

EFG Private Bank opens

The Swiss private banking arm of EFG Bank Group, EFG Private Bank SA, opened yesterday its Asia-Pacific headquarters in Hong Kong. The third Swiss bank with a full banking licence in the SAR will provide on-shore private banking services in the Asia Pacific region. The office employs about 60 workers.

24 May 2002 - 12:00am

Plight of poor sets tone at forum for rich

The tone of this year's World Economic Forum annual meeting has been set not by the usual politicians and business leaders but by an eclectic collection of figures calling for a better deal for the world's poor.

3 Feb 2002 - 12:00am

Fears of no-show fade as 800 participants arrive

Fears that hundreds of delegates would stay away from the East Asia Economic Summit after the September 11 attacks had not materialised, organisers said yesterday.

They said attendance at the World Economic Forum's three-day summit starting today would be about 90 per cent of what was originally expected.

29 Oct 2001 - 12:00am

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