REUTERS/Jonathan ErnstLONDON (Reuters) - European and Asian shares retreated on Monday as investors waited to see how Donald Trump would fare in a U.S. presidential debate against Hillary Clinton, while oil prices firmed before an informal OPEC meeting.
NEW YORK: World stock markets plunged on Monday, after a near 9 per cent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits. After dropping more than 1,000 points, or almost 7 per cent, at Wall Street's open, the Dow Jones industrial average eased losses but was still off more than 1 per cent at midday. The Standard & Poor's 500 index was down by a similar margin after the US benchmark earlier dropped nearly 10 per cent below its record.
Beijing (AFP) - China's consumer inflation fell to a five-year low of 1.4 percent in November, the government said Wednesday, increasing concerns over the risk of deflation in the world's second-largest economy.