Sino-Swiss ties marked by trust dynamism

China Daily - Thursday 23rd May, 2013

/enpproperty--> GENEVA - The relations between China and Switzerland are marked by mutual trust and dynamism, Swiss President Ueli Maurer told Xinhua in a written interview ahead of Chinese Premier Li Keqiang's visit to his country. Switzerland-China relations enjoy smooth development in various forms, Maurer said. Switzerland is one of the first Western countries to set up joint ...

BRIEF-Shares in Swiss Life fall 1.7 pct after Q1 results

Reuters - Thursday 23rd May, 2013

ZURICH | Thu May 23, 2013 3:03am EDT ZURICH May 23 (Reuters) - Swiss Life Holding AG : * Shares in Swiss Life fall 1.7 percent after Q1 ...

Malaysia leads the way in Basel III debt

Reuters - Thursday 23rd May, 2013

Thu May 23, 2013 2:52am EDT * Banks line up first loss-absorbing bonds * Deals will test appetite for new style subordinated debt * Other lenders in Asia may follow template By Kit Yin Boey May 23 (IFR) - Malaysia is poised to host Asia's first public issue of loss-absorbing bank debt, so-called bail-in bonds, since the region began the transition to Basel III standards earlier this ...

U.S. may arm rebels if diplomacy fails Kerry says

General Sources - Thursday 23rd May, 2013

John Kerry said. "In the event that we can't find that way forward, in the event that the Assad regime is unwilling to negotiate in good faith, we will also talk about our continued support and growing support for the opposition in order to permit them to continue to fight for the freedom of their country," Kerry said in Amman, Jordan, before a Friends of Syria meeting with key ...

Switzerland Publishes 2012 Flat Tax Figures

General Sources - Thursday 23rd May, 2013

Switzerland's Conference of Cantonal Finance Directors (FDK) has published details of the latest figures from the Swiss cantons, pertaining to the controversial flat tax regime currently benefiting wealthy foreigners in the Confederation. The survey reveals that the number of foreigners subject to the lump sum tax in the Confederation had reached 5,634 at the end of 2012, compared to ...

Swiss Life premiums rise 14 pct in first quarter 2013

Reuters - Thursday 23rd May, 2013

ZURICH | Thu May 23, 2013 1:12am EDT ZURICH May 22 (Reuters) - Premium income for Switzerland's biggest dedicated life insurer Swiss Life rose 14 percent in the first quarter, with the segment for managing rich people's money jumping by nearly two thirds. The insurer said premiums amounted to 6.970 billion Swiss francs ($7.12 billion) in the first three months of the year, ...

Art Basel in Hong Kong to kick off

China.org.cn - Wednesday 22nd May, 2013

A visitor walks past an exhibit during the exhibition Art Basel in Hong Kong, in south China's Hong Kong, May 22, 2013. Art Basel in Hong Kong, the latest leg of the international circuit, will kick off here on Thursday. [Xinhua/Lui Siu ...

Complaint filed against Nestle in Colombian trade unionists death

Pravda - Wednesday 22nd May, 2013

Nestle was accused of failing to protect Luciano Romero, one of their employees and a Colombian trade union leader. The Trade Union Workers of the Colombia Agrifood System, said that the multinational did not protect the union member who was brutally murdered. The prosecutor of the canton of Vaud, Switzerland has filed a complaint against ...

Zurich selected as Host City for Manifesta 11 in 2016

General Sources - Wednesday 22nd May, 2013

Manifesta announced their selection of the City of Zurich, Switzerland as Host City of Manifesta 11 in 2016.Since Manifesta's inception in the early 1990s it's mission has been to examine the cultural topography of Europe. Every two years it finds a new city or region in which to temporarily embed itself. In the past Manifesta has typically selected peripheral or contested regions as ...