China Market Drop Has Global Effect
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Wall Street fell sharply Tuesday, joining a global stock decline sparked by growing concerns that the U.S. and Chinese economies are cooling
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US stocks were set for a weaker start on Wednesday, after global equity markets swooned in the wake of a sharp fall in China.
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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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TOKYO -- Markets in Asia and Europe fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown dumped stocks that had surged in recent weeks.
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European equity markets erased the gains made this year as the global sell-off continued with major stock indices falling sharply across Asia and the US.
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Most markets in Asia fell by between 2 and 3 percent today as concerns over the U.S. housing market spread.
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Most markets in Asia were down between 2 and 3 percent today, their biggest drops since the sell-off two weeks ago.
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The stark sell-off that sent global stock prices plummeting  brought renewed concern that the equity markets in China and India might be overvalued.
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SHANGHAI, China -- China's volatile stock market plunged nearly 9 percent on Tuesday, its biggest drop in more than 10 years, sending ripples through markets from Hong Kong to Australia.
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China&#39;s surprise decision to raise interest rates to cool its economy pulled the rug out from under Australia&#39;s high-flying resource sector on Friday, dragging the local sharemarket down from record highs.
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The FTSE 100 shed 60 points by mid-session trade on Wednesday due to renewed concerns of a global sell-off after a move by China to cool its overheated stock market.
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Stock markets around the world fell today over lingering fears over a tight credit market, with sharp declines in Asia and Europe and more modest losses on Wall Street.
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Share prices in Asia continue to fall  a day after global stocks tumbled amid fears of a global recession.
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Asia has seen its key markets slide in response to the likelihood of a relentlessly weakening dollar.
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Stock futures fell on Monday after another sharp fall in Chinese stocks raised concern, but the resilience of other global equities and a steady stream of deal-making may limit losses.
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The World Bank says China's economic boom will soften this year's expected global economic slowdown.
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SINGAPORE, Feb. 6 -- Stock markets across Asia plunged on fears that a U.S. recession will cut demand for exports.