Man dies on Thailand-Germany flight after ‘cold sweats’ and losing ‘litres of blood’
A 63-year-old man has died during a Lufthansa flight after losing “litres of blood’ in a scene that terrified passengers.
Asian news from Switzerland
Asia's wealthy families invest to 'maintain lifestyle' and 'stay rich'
SINGAPORE -- Family offices in Asia are increasing their presence as investment entities. According to a survey, total assets under management grew 60% in 2022 from the previous year.
Grand Seiko opens New York flagship, taking on Swiss watchmakers
NEW YORK -- Japan's Seiko Group has launched a new flagship boutique for its luxury Grand Seiko brand in New York to boost its profile in the U.S. and catch up with Swiss giants like Rolex.
1MDB scandal: Malaysia recoups US$5 million in assets after ex-Goldman Sachs banker Roger Ng’s trial
Najib’s special officer, Amhari Efendi, surrendered about 4.6 million ringgit to the government through BSI Bank Switzerland, according to the anti-corruption body. Authorities also confiscated three condominiums worth almost 7.1 million ringgit from another special officer Mohammad Kamal Yan Yahaya, the agency said.
Vittorio Emanuele of Savoy, son of Italy's last king, dies aged 86
Vittorio Emanuele of Savoy, the only son of Italy's last king, who lived in exile in neighbouring Switzerland for most of his life, has died aged 86 at his home in Geneva, a note by the Royal House of Savoy said.
Singapore ranked 5th least corrupt country in 2023 index, only Asian nation in top 10, Denmark finishes first
Singapore remains the only Asian country to have been placed in the top 10 since the index was first published in 1995. It was third in 2018 and 2020, fourth in 2019 and 2021 and dropped to fifth in 2022 and 2023.
Holcim eyes $30 billion valuation with North American business listing, picks new CEO
Switzerland's Holcim will spin off 100% of its North American operations in a New York flotation which could value the business at $30 billion, the building materials giant said on Sunday, as it also named a new chief executive.
Six more countries pause funding for U.N. Palestinian agency
LONDON (Reuters) -- Six European countries paused funding for the U.N. refugee agency for Palestinians (UNRWA) on Saturday, following allegations that some of its staff were involved in the Oct. 7 Hamas attacks on Israel.