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New Mortgage Rules May Increase Housing Prices, Experts Warn
Business News

New Mortgage Rules May Increase Housing Prices, Experts Warn

The Government wants to raise the ceiling for how large loans home buyers can take and soften the requirement for amortizations. The Central Bank, National Debt Office and National Institute of Economic Research (NIER) are among those who warn of risks with the proposals
Swedish Skiers Criticize New Tour de Ski Format as Unfair
Sports News

Swedish Skiers Criticize New Tour de Ski Format as Unfair

There will be news in the cross-country skiing World Cup this winter. But one of the changes – a completely new Tour de Ski format – makes the skiers wrinkle their noses
Eight Suspected of Insider Trading as SEB Faces Investigation
Business News

Eight Suspected of Insider Trading as SEB Faces Investigation

Eight people are suspected of serious insider crimes before the major bank SEB sold large holdings of EQT shares, according to the Economic Crime Authority (EBM) The Financial Supervisory Authority (FI) is simultaneously initiating an examination of SEB's work against insider trading.
Ericsson Surges 18 Percent Amid Sideways Stockholm Stock Market
Business News

Ericsson Surges 18 Percent Amid Sideways Stockholm Stock Market

The Stockholm stock exchange was traded sideways on Tuesday, just like the day before. The broad OMXS index closed at plus 0
Ski Association Reverses Decision on Gender Testing
Sports News

Ski Association Reverses Decision on Gender Testing

International Ski Federation (FIS) recently announced that they will introduce gender testing. Now the federation is backtracking
Financial Supervisory Authority Highlights Risks with Finfluencers
Business News

Financial Supervisory Authority Highlights Risks with Finfluencers

The Financial Supervisory Authority (FI) is launching an initiative to inform both followers and individuals who provide financial advice in social media.
Sweden Targets Illegal Hawala Transfers to Curb Gang Activity
Business News

Sweden Targets Illegal Hawala Transfers to Curb Gang Activity

The police are sounding the alarm that money transfers through the hawala system are being used on a large scale by the gangs. To address the problem, the government is now considering making it punishable to conduct hawala operations without a permit
FI Proposes Legal Requirements for Banks on Payment Accounts
Business News

FI Proposes Legal Requirements for Banks on Payment Accounts

Major banks have become better at securing the right to a payment account but they need to do more, writes the Financial Supervisory Authority in a report.
Jessie Diggins to Retire After Current Ski Season
Sports News

Jessie Diggins to Retire After Current Ski Season

American ski star Jessie Diggins is ending her career after the season.
Financial Supervisory Authority Warns of Growing Scam List
Business News

Financial Supervisory Authority Warns of Growing Scam List

The scammers continue to wreak havoc on social media or via phone. The list of unscrupulous companies is growing steadily, warns the Financial Supervisory Authority (FI)
Stockholm Stock Exchange May End Quarterly Reports Following US Lead
Business News

Stockholm Stock Exchange May End Quarterly Reports Following US Lead

Quarterly reports from companies on the stock exchange's main list may soon be a thing of the past. President Donald Trump has assigned authorities in the USA to review the regulatory requirement
Modin Calls Russia's Paralympics Inclusion a "Strange Atmosphere"
Sports News

Modin Calls Russia's Paralympics Inclusion a "Strange Atmosphere"

The Swedish skiing star Zebastian Modin is disappointed with the decision to let Russia into the Paralympics ahead of the games in Italy this winter. It feels special, it has not felt current and then suddenly it happens, says the cross-country skier to SVT Sport
Junior World Championship Relocates to Lillehammer Amid Economic Concerns
Sports News

Junior World Championship Relocates to Lillehammer Amid Economic Concerns

Ski World Championship in Trondheim was close to going bankrupt. Now the junior World Championship is being moved from Trondheim to Lillehammer
H&M Stock Rises Amid Stockholm Market Decline
Business News

H&M Stock Rises Amid Stockholm Market Decline

The Stockholm stock exchange fell in afternoon trading on Tuesday and the broad OMXS index closed at minus 0,9 percent. Against the trend went clothing giant H&M, which rose 2,1 percent
Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down
Business News

Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down

Klarna's Valuation Tops 140 Billion Kronor Ahead of NYSE Debut
Business NewsTop News

Klarna's Valuation Tops 140 Billion Kronor Ahead of NYSE Debut

Klarna's introductory course on the New York stock exchange will be 40 dollars per share. This means a total valuation of Klarna of just over 15 billion dollars or approximately 142 billion kronor when the share is to start trading on Wednesday
Swedish Financial Authority Investigates Stock Fraud Targeting Small Investors
Business NewsTop News

Swedish Financial Authority Investigates Stock Fraud Targeting Small Investors

Swedish small investors are suspected to have lost hundreds of millions on stock exchange frauds where names like the central bank governor Erik Thedéen are used as bait. The Financial Supervisory Authority will now collect information from the banks to assess how large the losses have become
Klarna Plans New York Stock Exchange Listing with $13.6 Billion Valuation
Business NewsTop News

Klarna Plans New York Stock Exchange Listing with $13.6 Billion Valuation

The Swedish fintech conglomerate Klarna will be listed on the New York stock exchange, according to the company. The plan is to raise approximately 12 billion kronor in connection with the listing and the company is aiming for a total valuation of Klarna of approximately 129 billion kronor, according to the prospectus
Nine Arrested in Stockholm for Major Insider Trading Crimes
Business NewsTop News

Nine Arrested in Stockholm for Major Insider Trading Crimes

Nine people in the Stockholm area – many with family ties – have been arrested and detained suspected of serious insider crimes. The profits from the crimes are at a "level we have hardly seen before" – around 70 million kronor – according to Jonas Myrdal, leader of the preliminary investigation at the Economic Crime Authority (EBM)
FI to Combat Financial Crime Using AI Technology
Business News

FI to Combat Financial Crime Using AI Technology

The economic crime has increased and become more complex – which sets demands on the Financial Supervisory Authority's (FI) work. Now the authority wants to use AI to find the criminals
Norwegian Ski Jumpers Accept Three-Month Ban After Championship Scandal
Sports News

Norwegian Ski Jumpers Accept Three-Month Ban After Championship Scandal

The Norwegian ski jumpers Marius Lindvik and Johann Forfang, who during the World Championship in Trondheim were caught with manipulated suits, have both accepted a three-month suspension they were awarded by the International Ski Federation (FIS).
FI Cautions Against Trusting Stock Tips in Online Chats
Business News

FI Cautions Against Trusting Stock Tips in Online Chats

Be wary of stock chat participants who provide tips on stocks worth buying. Right now, the Financial Supervisory Authority is receiving many calls from consumers who have been deceived
Financial Authority Warns Most Swedes Against Buying Crypto
Business News

Financial Authority Warns Most Swedes Against Buying Crypto

The Bitcoin price is setting records and more and more Swedes are buying into crypto assets. Something the Financial Supervisory Authority advises "most" against
Cryptocurrency Interest Surges in Sweden Amid Record Bitcoin Levels
Business News

Cryptocurrency Interest Surges in Sweden Amid Record Bitcoin Levels

Bitcoin is traded at new record levels and the interest in cryptocurrencies is once again at the top in Sweden, above all among young men. The interest has really increased, no doubt about it, says Philip Scholtzé, savings economist at Avanza
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