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Added on the 24/11/2014 23:58:18 - Copyright : Reuters EN
Sweden's central bank has cut its benchmark rate by more than expected amid worries about global growth. Like the ECB and BOE it's trying to boost inflation. But not everyone's convinced it will work. Sonia Legg reports.
The S&P 500 posted its largest daily drop since September, as concerns over the health of the Chinese economy and a relentless slide in oil prices rattled investors. Rough Cut (no reporter narration).
U.S. stocks opened sharply lower for the second straight day on Thursday after China allowed the yuan to decline further and oil prices slumped to near 12-year lows, raising concerns over the state of the global economy. Rough Cut (no reporter narration).
U.S. stocks tumble, putting the Dow on track for its worst start to a year since 1932 after weak Chinese economic data fanned fears of a global slowdown. Rough Cut (no reporter narration_).
After disappointing data releases and yet another rate cut from the central bank, economists fear that actions by Chinese policymakers are too little, too late. Jane Lanhee Lee reports.