End Times for Swiss Watchmakers?

End Times for Swiss Watchmakers?

Time’s up.After Swiss leader Karin Keller-Sutter’s last-minute dash to Washington failed to sway the American administration, President Trump’s tariff on Switzerland came into effect this week, landing levies of 39 percent on every Rolex, Omega and Patek Philippe the...
BOJ Flags Trade-War Headwinds, Hints at Rate Hikes

BOJ Flags Trade-War Headwinds, Hints at Rate Hikes

Japan’s central bankers are juggling a stubbornly hot CPI, cooling exports, and a fresh volley of U.S. tariffs—all while investors pile into gold. In its July 30th-31st policy meeting, the Bank of Japan (BOJ) conceded the economy “has recovered moderately,” yet warned...