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Yen, Swiss franc surge
DeepSeek worries drive yen and Swiss franc higher, dollar drops
The Japanese yen and the Swiss franc gained while the U.S. dollar fell against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen and Swiss franc gain amid risk-off sentiment
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
Swiss Franc, Japanese Yen Rise as DeepSeek News Boosts Safe Havens
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
Yen and Swiss franc jump, dollar drops as DeepSeek concerns drain risk appetite
The Japanese yen and the Swiss franc gained against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen, Swiss franc surge as DeepSeek fears hit risk appetite
NEW YORK >> The yen and the Swiss franc gained against major currencies today amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
12h
Swiss Watch Exports Dip 2.8% in 2024, Reflecting China Slowdown
In the final month of 2024, exports of watches between 200 and 500 Swiss francs were the hardest hit, with a drop of 13.2 ...
14h
Swatch posts steep drop in sales and profit as China struggles
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
10d
on MSN
In this ski World Cup event, the men’s winner won more than $3,000. The women got towels and shampoo.
As a reward for finishing first in qualifying at a ski jumping World Cup event, organizers presented the male winner Jan ...
6d
Swiss Franc Falls as Trump’s Tariff Remarks Hit Safe Havens
The Swiss franc fell to a four-month low against the euro on reduced safe-haven demand after Trump took a more cautious line ...
1d
Implicit state guarantee for UBS is worth billions, study says
Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the ...
FiercePharma
6h
While Lonza's sales slipped in '24, CDMO touts stronger position heading into new year
Although Lonza posted slightly lower sales than analysts had expected in 2024, the Swiss CDMO suggested in its year-end report that it's in a stronger position going into 2025 thanks to improved ...
Anadolu Ajansi
1d
As Israeli ban looms, Swiss-American analyst urges resumed funding for UNRWA
If UNRWA does not function, there is a huge vacuum in order to give assistance to the poor people of Gaza who have suffered.' ...
4d
Swiss president forecasts deficits of 3 bln francs in coming years
Switzerland's President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion ...
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DeepSeek
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