The Swiss National Bank has surprised the markets by slashing interest rates by half a percent.
Many analysts were expecting a cut just a quarter of a percent.
Inflation is still low which gives the bank more freedom to reduce rates.
The move will also help the soaring franc which is harming exporters.
The franc fell on the currency markets after the news and shares prices rallied in Zurich.
Govt slammed for leaving thousands in Dubai
The government is being criticised for leaving more than 5,000 Swiss nationals stranded in the middle east - while other countries are successfully managing to get their own nationals back to their home countries.
First vote for fire payout passes
In Bern, the upper house of parliament, The Council of States, has approved emergency federal support for victims of the Crans-Montana tragedy.
Cocaine smugglers jailed after mistake
A court in Zurich has sentenced a group of four men who tried to smuggle 44 kilos of pure cocaine into the country through the airport - worth CHF 1.5m.
New bank note design chosen
A Lausanne based design company has won the competition to design the new set of Swiss banknotes.
More protection for bees demanded
Swiss beekeepers are launching a popular initiative to anchor stronger protection for native pollinating insects in the Federal Constitution.
Dyslexic students banned from using computers
Students with dyslexia will not be allowed to systematically use computers and adapted software in high schools.
