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Chanel buys historic French shirtmaker Charvet, ending 188 years of independence
Chanel’s acquisition of the Paris maison gives the luxury group deeper access to menswear and brings the world’s first specialist shirt tailor into its...
Japan’s yen jumps, traders alert to intervention risk
The yen has unwound all of its gains since Japan last intervened
Japan government panel member calls for moderate BOJ rate hikes
He says delaying rate hikes can heighten inflation expectations and push up long-term interest rates
UBS already has enough capital to meet new government requirements: Swiss central bank
Government wants to force UBS to raise the amount of common equity capital it holds domestically against its foreign operations to 100%
