General World News

World Stocks Falter on New China Concerns, N. Korea Nuclear Test

World stock markets mostly fell sharply Wednesday, with investors showing new fears about China’s weakening economy and North Korea’s claim to have tested a hydrogen bomb.

Major U.S. stock indexes dropped more than 1 percent as trading opened in New York, while European markets were recording steeper losses in late-day transactions. Japanese and Hong Kong indexes ended down 1 percent, although the Shanghai exchange advanced 2.3 percent, recovering part of its nearly 7 percent plunge earlier in the week.

The first week of trading in the new year has shown market volatility, with widespread swings in stock prices. But concerns about the read more >>>

Source : VOANews.Com