Hong Kong Budget Addresses Causes and Effects of Occupy Protests

HONG KONG — Two months after protesters were cleared from the streets, the Hong Kong government announced on Wednesday a budget with tax breaks and other economic support for lower- and middle-class residents, and for the businesses it said had been disrupted by the demonstrations.

Swiss economy shrinks under euro crisis pressure

(Reuters) - The Swiss economy unexpectedly shrank in the second quarter as the euro zone crisis caught up with a country that had seemed relatively immune to its neighbors' woes, providing further justification for the central bank's cap on the strong franc.