For all the talk about a lack of transparency on the part of Dubai World, for all the talk about how they dumped it on the market over a long holiday, for all the talk about retail sales fractionally up on Black Friday being a disappointment (why?), the markets are...flat this morning. Read More
While some shoppers slip out of bed in the middle of the night, slide into their track shoes and get ready to run for the Black Friday sales, some banks are hoping to get them limbered up for another event: savings. Read More
More evidence that Asian economies are recovering: South Korea's GDP grew at a better than expected 2.9 percent quarter over quarter in Q3 (consensus was 1.9 percent). Read More