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Business Matters: Swiss Shock as the Franc Soars

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16/01/2015

Swiss Shock as the Franc Soars

BBC World Service - Business Matters, Swiss Shock as the Franc Soars

The Swiss Franc soars as the cap against the Euro is removed

The Swiss Franc soars as the cap against the Euro is removed.

The Swiss franc soared after the central bank removed the cap on its value against the euro. The Swiss National Bank also increased the amount investors have to pay to lend to the government. The Thai authorities have a plan to get prisoners reaching the end of their sentences to work fishing boats - we hear from campaigners for an end to this practice. Google announces it will stop selling it's Google Glass device...for now. And we discuss the business implications of an aging population. 

Alison Van Diggelen, from Fresh Dialogues, joins from San Francisico in America, and Bloomberg's Nisid Hajari contributes from Singapore.

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