MSCI's gauge of stocks across the globe shed 2.09%, on pace for its biggest one-day fall since October 2020, as Wall Street's major indexes sagged more than 2%.
Regulators have warned that its $305 billion of liabilities could spark broader risks to China's financial system if its debts are not stabilized. The selloff on Monday has seen a cumulative $2.2 trillion of value wiped off the market capitalization of world equities from a record high of $97 trillion hit on Sept. 6, according to Refinitiv data.
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Stocks tumble as Wall Street's fears turn to ChinaThe Dow and the broader US stock market fell to close sharply lower Monday as Chinese real estate conglomerate Evergrande's debt crisis made American investors uneasy.
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Divers clear plastic waste from Batangas corals for World Cleanup DayMANILA — Divers in the Philippines pulled plastic bags, drinks bottles and fishing nets from a coral reef on Saturday, joining an annual cleanup that aims
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PH to lose 'huge' Chinese investments if US-backed candidate wins in 2022 presidential race - South China Sea 'expert'A Chinese “expert” on the South China Sea has predicted that the Philippines will suffer a “huge loss of investments” from China if it elects a new leader who is closely identified with the United States. Have the Philippines lost sovereignity? Is the country province of China? More intimidation by China - time to stand up Asia and show you are your own destiny. and that's not a bad thing
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