Swatch

Switzerland Faces Greater Financial Strain Than EU Due to Rolex and Swatch Tariffs

13 hours ago

In a surprising turn of events, Switzerland is experiencing more significant economic repercussions compared to the European Union following the introduction of heightened tariffs on luxury watch exports, primarily affecting iconic brands like Rolex and Swatch. These tariffs, aimed at balancing trade imbalances, have led to a notable decline in Swiss exports, creating ripples of concern across the country’s renowned watchmaking industry.

Swatch Triumphs in Malaysia Over Controversial Pride Watch Seizure

4 months ago

In a significant legal victory, Swatch Group has emerged successful in its lawsuit against Malaysian authorities concerning the seizure of its colorful Pride-themed watches. The jewelry and watchmaker argued that the confiscation of the timepieces infringed upon its rights and violated the principles of free trade. The ruling symbolizes a crucial moment in the ongoing dialogue around LGBTQ+ rights within a nation that has traditionally adhered to conservative values.

China's Finance Ministry to Unveil Key Economic Support Strategies Amidst Slowdown

6 months ago

As economic uncertainties loom over China, the nation's Finance Ministry is gearing up for an essential policy briefing that aims to address the ongoing economic challenges and outline support measures. Scheduled for Thursday, this announcement comes at a critical juncture as the country grapples with significant growth slowdowns, rising unemployment rates, and a depreciating yuan.

China's Economic Strategy: Upcoming Briefing Ignites Investor Anticipation for Potential Stimulus

6 months ago

In a move that has captured the attention of global investors, China's central economic planning agency is poised to deliver a pivotal briefing. This event is stirring widespread speculation concerning potential economic stimulus measures that could be unveiled as the nation navigates a complex economic landscape.