Latest from Switzerland

Michael Schumacher's health: 'It's not good'

Formula One legend's former boss at Ferrari spoke only briefly to reporters and refused to elaborate on his short statement.

Richard Quest: NZ unlikely to escape global volatility

New Zealand is unlikely to escape the global volatility shaking world markets, CNN's Richard Quest has warned.

A trek around peaks of perfection

What's not to love about a country that offers mind-blowing scenery and a bit of James Bond?

Tax-dodge hunt neutralises Swiss bank secrecy

The U.S. Justice Department is finalising agreements with Swiss banks that may have helped Americans evade taxes.

Homeless intern quits UN

By day he wore a suit and worked for one of the world's most powerful organisations. By night he lived in a tent.

Kiwi UN intern lived in tent

David Hyde couldn't afford accommodation in one of the world's most expensive cities. Now locals have come to his rescue.

Feud over 'racist' peak

South Island's Agassiz Glacier has been "un-named" as part of a global campaign to remove the use of the name of Agassiz, a Swiss geologist who believed not all races were created equal.

Swiss cold case revisited

An extradition order granted for man accused of a cold case killing in Switzerland has been appealed and is now in the hands of the Justice Minister.

NZ link to leaked HSBC files

One HSBC client with links to New Zealand had up to $67.83 million with its Swiss private banking arm, according to leaked files.

Dita De Boni: Key rocks on with trickle-down groupies

Those at Davos, seemingly representing the interests of the very wealthy, like to think they are working to make the world a better place - as long as they are not inconvenienced in doing so.

'Like a speed dater in first class'

The PM's halfway up a mountain in the Swiss Alps when he takes a break from his deliciously cliched fondue dinner to explain the Davos experience over a dodgy phone connection.

Brokerage returns clients funds

Global Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.

Fran O'Sullivan: PM can strut rock star economy in Davos

For the first time in many years a New Zealand prime minister will join global powerbrokers in chilly Davos for the annual World Economic Forum (WEF).

Traders pay price for Swiss franc move

Global fallout from the shock decision by Switzerland's move to remove the cap on the franc has widened with more traders and hedge funds closing or facing escalating losses.

Liam Dann: Deflation spectre global threat

Keeping up with the progress of the global economy is becoming a fiendishly complex sport, writes Liam Dann.

Auckland firm shut by franc move

Fallout from the Swiss central bank's surprise move to ditch the franc's cap against the euro spread to Queen St yesterday, with an Auckland-based currency brokerage announcing it was shutting down....