Asian shares take a battering as mounting worries about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdowns in China and other emerging markets.
In an address before a joint meeting of Congress , Pope Francis praised capitalism but urged the American people to use it as a force for good.
China stocks plunge more than 8 percent, their biggest one-day drop in more than eight years, as a government-triggered rebound peters out amid profit-taking, concerns over economic health and fears of an end to Beijing’s inclination toward looser monetary policies.
(Next Media Online) – China stock markets went into complete meltdown on Tuesday and Wednesday after being in free fall since June 12.
(REUTERS) – Meet Lu Tingbo, a physics major at Peking University who’s also an active investor – managing about about 800,000 dollars cobbled together from family, friends and schoolmates.