Chinese stocks posted their worst weekly performance since August on Friday, with major indices tumbling in excess of 5 percent after regulators launched an investigation into security brokerage firms in the country.
... * China shares see biggest weekly drop in more than 3 months. * Wall Street set for subdued post-Thanksgiving session. * Euro capped as more stimulus, negative rates expected.
When is slower economic growth not such a bad thing? When it's caused by lower growth in the population. If that puzzles you, you're a victim of the economists' practice of focusing on growth in gross domestic product rather than GDP per person.
November 27, 2015, 7:04 AM |Millions of Americans are rushing to stores for Black Friday deals. For some, the battle of bargains started Thanksgiving afternoon.
For Ian Read, Pfizer's $160bn tie-up with Allergan announced this week marked the end of a two-year search for a transformational deal that will define his legacy as chief executive.