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Mexican unicorn Bitso sets out transparency roadmap amid FTX crash

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Dollar headed for weekly loss as investors brace for slower Fed hikes

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Bundesbank warns of considerable risks to financial system

FINANCIAL stability in Germany, Europe’s largest economy, has taken a substantial turn for the worse this year, triggering warnings from the Bundesbank.

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Oil inches up amid wrangling over Russian oil price cap

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Bank of Korea needs strong signs inflation curbed before pivot

THE Bank of Korea (BOK) needs to see “strong” signs that inflation is under control before discussing any prospect of a pivot away from policy tightening, governor Rhee Chang-yong said on Friday (Nov 25).

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Manulife eliminates 50 jobs as it outsources property management

MANULIFE Financial is eliminating about 50 jobs in the US and Canada as part of a plan to outsource some real estate operations and focus more on investing.

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Consumer inflation in Japan’s capital rises at fastest pace in 40 years

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FTX invoked by Canada banks group in call for payment safeguards

THE main lobbying group for Canada’s banking industry invoked the collapse of FTX and Celsius Network in warning that the government needs to establish better consumer protections for the country’s payments systems.

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Retrenched, she bootstrapped her way to an award-winning studio creating storied designs for five-star hotels

White Jacket has designed for some of the world’s most exclusive hotel brands including Intercontinental, JW Marriott and Shangri-La. Its founder, Patricia Ho Douven, tells CNA Women how she built her dream company, one sharp business move at a time.

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Credit Suisse offers 889m shares to existing investors in US$4b capital hike

CREDIT Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs (S$3.68) per share, the bank said on Thursday (Nov 24), confirming the final terms of its 4 billion franc capital hike.

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