News
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The Black Friday paradox: more shoppers, fewer dollars
Retailers face challenge as consumer spending intentions declineBlack Friday's significance diluted by extended online promotionsLabor market concerns lead to selective purchasing among shoppersBy Siddharth Cavale NEW YORK, Nov 28 (Reuters) - Black Friday, the post-Thanksgiving shopping f...Reuters
Fri, Nov 28
India expects trade deal with US by end of year, senior official says
By Manoj Kumar Nov 28 (Reuters) - India expects to secure a trade deal with the United States before the end of this year as most issues have been resolved, New Delhi's trade secretary said on Friday.The U.S. imposed tariffs of up to 50% on imports from India starting in late August even as n...Reuters
Fri, Nov 28
US Commerce Department pushed for control of Swiss investment in trade talks, sources say
Switzerland, US struck preliminary trade deal on November 14US Commerce chief Lutnick sought US control over Swiss investment, sources saySwiss business leader says demand was rejectedBy Dave Graham ZURICH, Nov 28 (Reuters) - The U.S. Commerce Department pressed Switzerland during recent trade ta...Reuters
Fri, Nov 28
Euro area: Model sees no November inflation surprise – Standard Chartered
Standard Chartered's inflation model uses surprise vs consensus for Spain core inflation to predict region-wide surprises. It predicts that euro-area core inflation for November will match the consensus estimate of 2.5% y/y.Fxstreet
Fri, Nov 28
USD/KRW: BoK neutral shift supports KRW – DBS
The BoK’s move to drop rate-cut language has offered the KRW some support, even as officials flag rising overseas investment by young Koreans and call for more cautious FX hedging by the national pension fund, DBS' Senior FX Strategist Chang Wei Liang notes.Fxstreet
Fri, Nov 28
Taiwan 2025 GDP growth forecast hits 15-year high on surge in AI demand
2025 GDP estimate raised to +7.37% vs previous +4.45%2026 GDP estimate +3.54%US tariffs seen clouding 2026 GDP outlook -agencyCentral bank seen leaving interest rate steady -analyst2026 exports seen at +6.32% y/y2026 CPI projected at +1.61% y/yBy Faith Hung and Jeanny KaoTAIPEI, Nov 28 (Reuters) - T...Reuters
Fri, Nov 28
