Black Friday discount signs are hung outside John Lewis on Oxford Street, London. Photograph: David Jackson/Demotix/Corbis. Katie Allen.
TOKYO An extended selloff in Chinese stocks pulled down Asian markets on Monday, while the yuan bounced on suspected intervention by Beijing hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies.
The Thanksgiving weekend saw more than 151 million bargain hungry consumers open up their wallets to make purchases either on the Internet or in physical stores, the National Retail Federation said on Sunday.
SINGAPORE Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S.
Asian stocks fell with emerging-market currencies and iron ore, while Chinese equities fluctuated after their steepest plunge since the depths of an August rout.