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Added on the 12/01/2016 13:33:01 - Copyright : Reuters EN
Global shares tumble for a sixth day while oil prices slide to levels not seen since the early 2000s, after China allows the yuan to fall sharply again and Shanghai shares drop by 7 percent in less than half an hour. Sonia Legg reports.
World stocks and commodity prices have tumbled again as poor Chinese data see fears about its economic health make an unwelcome comeback. As Sonia Legg reports, oil prices also fell more than 3 percent after official data showed China's giant manufacturing sector contracted at the fastest pace in three years.
A mixed start to the week for European shares, major mining stocks declining and French supermarket operator Casino also weighing on the region's stock markets. But, as Grace Pascoe reports, Germany's DAX jumped back over the psychologically-important 10,000 point marker.
Oil prices are climbing higher on a weaker U.S. dollar - and hopes of a production-cutting deal between OPEC and non-OPEC producers like Russia. Kirsty Basset reports.
Gains by European stocks are held back by a halt in the oil price rally, which followed indications of an agreement by leading producers to freeze output. As Joel Flynn reports, worries about the global economic outlook linger on.
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