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Asian news from Switzerland

Sophie Kiderlin - Forget U.S. stocks — UBS says Europe's are a better bet. Here's why - cnbc.com - Japan - Usa - Switzerland

Forget U.S. stocks — UBS says Europe's are a better bet. Here's why

European stocks are now more attractive than their U.S. counterparts, according to Swiss Bank UBS, with factors such as economic data, interest rates and earnings playing a key role.

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Ryan Browne - Amazon-backed Anthropic launches its Claude AI chatbot across Europe - cnbc.com - France - Germany - Eu - Spain - Switzerland - Italy - Norway - Iceland

Amazon-backed Anthropic launches its Claude AI chatbot across Europe

Anthropic, the artificial intelligence startup backed by Amazon, said Monday it's launching its generative AI assistant Claude in Europe on Tuesday. It will be available to individuals and businesses through the web and via an iPhone app.

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KENJI KAWASE - Nikkei Asia chief business news correspondent - Tokyo law firm reboots drive to build Credit Suisse AT1 bond claims - asia.nikkei.com - Japan -  Tokyo - Hong Kong - Switzerland

Tokyo law firm reboots drive to build Credit Suisse AT1 bond claims

HONG KONG -- A Tokyo-based law firm is set to reboot efforts to enlist investors hit by the sudden wipeout of certain bonds issued by the now-defunct Credit Suisse, adding to a growing movement to launch legal action across Asia.

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Reuters - Switzerland wins Eurovision Song Contest amid Gaza protests - cnbc.com - Israel - Sweden - Switzerland

Switzerland wins Eurovision Song Contest amid Gaza protests

Switzerland on Saturday won the Eurovision Song Contest 2024 in Swedish host city Malmo, beating runner-up Croatia, after having been among bookmakers' top-three to win the competition.

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Andrew Bailey - Sophie Kiderlin - Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years - cnbc.com - Britain - Switzerland

Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

LONDON — A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets on when the U.K. central bank will start to cut its benchmark rate.

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Sophie Kiderlin - Europe stocks close at fresh record highs; UK exits recession - cnbc.com - France - China - Hong Kong - Britain - Germany - Switzerland

Europe stocks close at fresh record highs; UK exits recession

This is CNBC's live blog covering European markets.

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KENJI KAWASE and ECHO WONG - Nikkei staff writers - Asian - Law firms rally Asian claimants against Switzerland over AT1 bond wipeout - asia.nikkei.com - Hong Kong -  Hong Kong - Switzerland

Law firms rally Asian claimants against Switzerland over AT1 bond wipeout

HONG KONG -- Global law firm Withersworldwide is seeking to unite holders of additional tier one, or AT1, bonds issued by the now-defunct Credit Suisse in Asia, aiming to launch legal action to recover losses they suffered when the bonds were written off during the bank's sudden merger with UBS last year.

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Reuters - Oil giant Shell sells Singapore refinery it built on Bukom island over 60 years ago - scmp.com - China - Indonesia - Singapore - county Park - Switzerland -  Asian - county Parke

Oil giant Shell sells Singapore refinery it built on Bukom island over 60 years ago

The transaction will transfer all of Shell’s interest in Shell Energy and Chemicals Park Singapore to the joint venture company CAPGC, Shell said in a statement.

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