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Market exchange rates in China -- July 1

BEIJING, July 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in...

Swiss Government Delays Sustainability Reporting Revision While EU Debates Reductions

Swiss Government Delays Sustainability Reporting Revision While EU Debates Reductions

Bundeshaus Facade with Swiss Flag in Bern.getty On June 25, the Swiss Federal Council voted to pause revision of corporate climate disclosures requirements. The revision was intended as a comparative study to align Swiss law with international...

NRB releases today’s foreign currency exchange rates

NRB releases today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has announced the foreign currency exchange rates for today. According to the central bank, the buying rate of one US dollar has been set at Rs. 136.92, while the selling rate stands at Rs. 137.52. The buying rate for...

Dollar nears 4-year low vs. euro as tax bill, trade fears mount

Dollar nears 4-year low vs. euro as tax bill, trade fears mount

REUTERS/DADO RUVIC/ILLUSTRATION/FILE PHOTO U.S. dollar, euro and pound banknotes are seen in this illustration on May 4. NEW YORK>> The dollar hit a near four-year low against the euro today amid worries over the rising U.S. government deficit and...

'World's sexiest footballer' Alisha Lehmann scores brand new sponsorship deal - days after she was part of Swiss Women side who lost to Under 15 boys team

'World's sexiest footballer' Alisha Lehmann scores brand new sponsorship deal - days after she was part of Swiss Women side who lost to Under 15 boys team

By DAVID KENT Published: 16:00 EDT, 30 June 2025 | Updated: 16:00 EDT, 30 June 2025 Alisha Lehmann, dubbed the 'world's sexiest footballer', has secured a new sponsorship deal. Lehmann, 26, who used to go out with former Aston Villa star Douglas...

“Isms” Have Hijacked Economics. It Needs Fresh, Creative Thinking Now.

“Isms” Have Hijacked Economics. It Needs Fresh, Creative Thinking Now.

Of late, economics has lost credibility. So much so that Yale University Press published What’s Wrong with Economics?, a book by Lord Robert Skidelsky. This noted and colorful British economic historian found that “a narrowing of vision and a...

Non-Dom Businesswoman Voices Anger, Plans Exit As UK Rules Change

We talk to a businesswoman, TV personality, academic and author about her annoyance, and frustrations, about the changes to the non-domicile system, and what she thinks needs to be done instead to attract tax revenue and business to the UK. There...

EFTA countries sign trade agreement with Malaysia in Norway

OSLO, June 30 (Xinhua) -- Norway and other European Free Trade Association (EFTA) countries signed a new economic partnership agreement with Malaysia during the EFTA ministerial meeting held last week in Tromso, northern Norway. This marked a...

Swiss privacy tech firm Proton sues Apple in U.S. over App Store rules

Swiss privacy tech firm Proton sues Apple in U.S. over App Store rules

On Monday, Swiss privacy software firm Proton sued Apple in U.S. federal court, alleging the tech giant illegally monopolizes iPhone app distribution and imposes excessive developer commissions. Proton, known for its secure Proton Mail service,...

Dollar slips vs. euro, marc as markets assess trade deals, tax bill

Dollar slips vs. euro, marc as markets assess trade deals, tax bill

The drop is driven by mounting concerns over a ballooning federal deficit, stalled trade negotiations, and global policy uncertainty. The dollar weakened on Monday against the euro and Swiss franc as markets weighed concerns over a growing US...

Investor Turns to Europe Amid Growing U.S. Trade Policy Volatility

Investor Turns to Europe Amid Growing U.S. Trade Policy Volatility

29A marked shift in global investor sentiment is underway, with Europe emerging as a preferred destination for capital as geopolitical and economic uncertainty clouds the outlook in the United States. The pivot, driven by concerns over President...

Gas Camouflage: How Russia is Trying to Re-Enter the EU Market — Attempt No. 2

Gas Camouflage: How Russia is Trying to Re-Enter the EU Market — Attempt No. 2

2A number of European energy companies that have won, or expect to win, arbitration cases against Gazprom for failing to meet contracted gas supply volumes in 2021–2022 are now faced with the question of how to recover funds. These are significant...

Aircraft and transport. IATA: cargo demand up in May despite trade disruptions

Aircraft and transport. IATA: cargo demand up in May despite trade disruptions

The International Air Transport Association (IATA) released data for May 2025 global air cargo markets showing: • Total demand, measured in cargo tonne-kilometers (CTK), rose by 2.2% compared to May 2024 levels (+3.0% for international...

Trade is not supposed to be emotional. It is now

Trade is not supposed to be emotional. It is now

Singapore figured it had done a lot right in handling commercial ties with the US. Leaders emphasized the US’ surplus and put huge store in the nations’ two-decade-old free trade accord. When US President Donald Trump hit the city-state with a 10...

K-Dramas that Inspired Real-Life Business Trends in Korea

K-Dramas that Inspired Real-Life Business Trends in Korea

You can clearly see how powerful the influence of a single K-drama can be, especially in Korea. When a series gains massive popularity, it can do more than just trend online, as it can spark real-world changes. These dramas didn’t just entertain...

From Stocks to ETFs and Bitcoin: How the Swiss are Investing

From Stocks to ETFs and Bitcoin: How the Swiss are Investing

Shares and Exchange Traded Funds are the most popular investment products in Switzerland. A new study also shows Crypto Currencies are gaining ground. On Monday, Swiss digital wealth manager True Wealth published its ETF Study 2025. For the study,...

Startling photos show the alarming extent of melting Swiss glaciers

Startling photos show the alarming extent of melting Swiss glaciers

Drip, drip. Trickle, trickle. That's the sound of water seeping from a sunbaked and slushy Swiss glacier that geoscientists are monitoring for signs of continued retreat by the majestic masses of ice under the heat of global warming. In recent...

Emirates expands global network with retrofitted aircraft, Premium Economy to reach more cities

Emirates expands global network with retrofitted aircraft, Premium Economy to reach more cities

Emirates A380 premium economyEmirates is scaling up its global operations with a wave of network and fleet enhancements, deploying more retrofitted Boeing 777s and Airbus A380s to meet growing demand. The airline’s latest schedule updates include...

Swiss Re’s global reach guides clients through new markets & supply chain shifts: Porter

Swiss Re’s global reach guides clients through new markets & supply chain shifts: Porter

Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm’s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical...

Why Boring Businesses Are The Backbone For The American Economy - Insights From A 35-Year One-Stop-Shop Business Owner

Why Boring Businesses Are The Backbone For The American Economy - Insights From A 35-Year One-Stop-Shop Business Owner

In a world that's perpetually chasing the next new AI transformation, blockchain technology, and venture-backed unicorns, there's a silent but consistent industry that that has been thriving in the shadows: the so-called "boring" business sector...

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