Because it wants to weaken its currency, the franc, by penalising banks who hold deposits. Aren't weak currencies bad things? Look at Russia!
Air fares between the UK and Russia have plummeted to their lowest level since the start of the jet age, with tickets from Gatwick and Manchester to Moscow widely available at around �50 return.
There is a rally in world share prices as the US central bank gives an upbeat assessment of the economy. 08:13, UK, Thursday 18 December 2014.
Wellcome Trust, Britain's biggest charity, has chalked up a �137 million profit on Alibaba shares, helping to sustain its record of double-digit returns for the third successive year.
IBM's commitment to cloud continues with expansion across four continents and a major new partnership. Equinix World. IBM has been spending big to build out its cloud, security and analytics portfolios.