No menu items!
71.5 F
Costa Rica
Saturday, May 28, 2022
- Advertisement -spot_img

TAG

stocks

China’s slowdown, financial mayhem cast long shadow across world

China's economic slowdown and financial mayhem are fostering a cycle of decline and panic across much of the world, as countries on nearly every continent see escalating risks of prolonged slumps, political disruption and financial losses.

China’s journey from new normal to stock market crisis epicenter

"What I want to emphasize is that regional or systemic financial crisis will not happen in China, and the Chinese economy will not head for a hard landing," Chinese Premier Li Keqiang said last January. Roughly seven months later, China finds itself at the epicenter of a global stock market rout that has vaporized $8 trillion in wealth.

Europe, US markets rally on China rate cut

LONDON – European and U.S. shares rebounded on bargain-hunting Tuesday as China cut interest rates after fears of a slowdown in the world's second-biggest economy sparked a "Black Monday" rout across global markets.

Latest news

- Advertisement -spot_img

Compare