United Kingdom

Simon Johnson

Swedish central bank boosts QE programme to fight pandemic downturn

01 Jul 2020

STOCKHOLM Sweden's central bank held its key rate at 0% as expected on Wednesday and substantially boosted the size of its asset purchases, including corporate bonds for the first time, as it tries to soften the economic blow from the coronavirus pandemic.

Swedish FSA fines SEB for lax anti-money laundering measures in Baltics

25 Jun 2020

STOCKHOLM Sweden's financial watchdog on Thursday fined lender SEB 1 billion crowns (£86 million) for failures in compliance and governance in relation to anti-money laundering controls in the Baltics.

Doubts remain as Sweden closes case of Palme assassination after 34 years

10 Jun 2020

STOCKHOLM A Swedish prosecutor closed the case of the assassination of Prime Minister Olof Palme after 34 years on Wednesday, accusing a graphic designer who died two decades ago of the country's most notorious unsolved crime. | Video

Swedes await answer to riddle of Prime Minister Olof Palme's 1986 murder

10 Jun 2020

STOCKHOLM Swedes may get an answer on Wednesday to the mystery of who shot Social Democrat Prime Minister Olof Palme when the Swedish prosecutor in charge of the case presents his conclusions to an investigation that has lasted 34 years.

Swedes await answer to riddle of Prime Minister Olof Palme's 1986 murder

10 Jun 2020

* Prosecutor to present conclusions of investigation on Wednesday

Sweden should have done more against coronavirus but broad strategy right - chief epidemiologist

03 Jun 2020

STOCKHOLM Sweden's chief epidemiologist said on Wednesday the country should have done more to combat the coronavirus but backed the broad strategy, which avoided the strict lockdowns seen in many other countries.

Sweden to tighten foreign takeover rules amid security worries

08 May 2020

STOCKHOLM Sweden plans to tighten its rules to enable the government to block takeovers of important firms by foreign companies amid increasing concerns over the threat to national security from China and Russia.

Coronavirus a chance to choose new path, says climate activist Greta Thunberg

22 Apr 2020

STOCKHOLM Countries have a chance to choose a new path as societies begin to return to normal after lockdowns imposed to prevent the spread of the coronavirus, activist Greta Thunberg told an Earth Day event on Wednesday. | Video

UPDATE 2-Swedish spring budget pledges SEK 100 bln to fight coronavirus crisis

15 Apr 2020

* Repeats expects Swedish economy to shrink 4% in 2020 (Adds details, quote, graphics)

Swedbank hit with record $386 million fine over Baltic money-laundering breaches

19 Mar 2020

STOCKHOLM Sweden's financial watchdog hit lender Swedbank with a record fine of 4 billion crowns ($386 million) on Thursday for serious deficiencies in its anti-money-laundering work and said the bank had withheld information from authorities.

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