101. Swiss bond prices were little changed after the report was released, in line with the Swiss franc. 102. Swiss exporting companies have been hurt by the strength of the Swiss franc against other major currencies, making their products more expensive and thus less competitive. 103. Swiss franc bonds are a favorite of Asian borrowers since they are less regulated than Eurobonds. 104. Swiss officials announced Tuesday that their central bank had also intervened in currency markets, buying dollars with Swiss francs. 105. SWISS stocks rallied for a second straight day, paced by exporters, as the dollar approached a four-year high against the Swiss franc. 106. That move prompted some traders who had borrowed at low Japanese and Swiss rates and invested at higher Australian rates to buy back yen and Swiss francs. 107. Swiss francs, considered a haven in uncertain times, have also risen against the dollar and euro. 108. SWISS government bonds fell for a sixth day amid concern inflation could rise if the Swiss franc extends its decline against the dollar this year. 109. Swiss Life also said that the weakening Swiss franc will help boost revenue. 110. Switzerland is set to replace Japan as a source of cheap funding for investors, a development that will drive the Swiss franc lower, economists said. |