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U.S., China, Germany slumps hammer stocks

A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing in China and Germany sent world stocks tumbling on Thursday and drove investors into safer currencies and government bonds.
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Oil slides $4 on economic gloom, dollar

Oil prices fell by more than $4 a barrel on Thursday, with U.S. futures touching $81.86 barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.
Woman cooks dog meat

Dog-Eating Festival in China Ends After 600 Years

China banned an annual dog-eating festival after a large public outcry over the way the animals were killed. The event in Qianxi Township outside Jinhua City in Zhejiang Province has been going on for 600 years, but both local and international outrage has stopped the event.
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Silvercorp Stock Buyback Reaches 4.5M Shares

China-focused Silvercorp Metals Inc said on Thursday that it has so far bought back some 4.5 million common shares worth about $35 million, as the company fights back against allegations of fraud.
China's Premier Wen Jiabao delivers a speech at the opening ceremony of WEF meeting in Dalian

China's Manufacturing Slows as U.S., Europe Stall

China's manufacturing sector contracted for a third consecutive month in September while a measure of inflation picked up, suggesting the world's No.2 economy may not be able to provide much of a counterweight to flagging U.S. and European growth.
Actors dressed as Olympic ''Fuwa'' mascots perform during a ceremony for the 2008 Beijing Olympic torch relay in Beijing

China Must Wait 20 Years for Another Olympics: Rogge

China will have to wait for another two decades, if not longer, before hosting another Olympic Games to give other nations a fair chance, International Olympic Committee (IOC) president Jacques Rogge told the official Xinhua news agency on Thursday.
Traders work on the floor of the New York Stock Exchange

U.S. Stocks Plunging on Fed’s Grim Outlook on Economy

U.S. stocks have opened sharply lower in Thursday morning trading following an overnight plunge in global markets. Equities have tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy and the establishment bond swap program.
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Wall Street set for third down day on recession fears

Wall Street was set for a sharply lower open and its third straight down day on Thursday as a grim outlook from the Federal Reserve and downbeat data in Europe and China heightened fears about a global recession.
Zambia election

China Nervously Watches Zambia's Election

Zambia held presidential elections Tuesday, but two days later only 85 of the country's 150 constituencies have reported results, sparking wide-scale unrest in the country and again bringing up fraud allegations. While all eyes are on Zambia, one nation's gaze is especially fixed: China.
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China's manufacturing slows as U.S., Europe stall

China's manufacturing sector contracted for a third consecutive month in September while a measure of inflation picked up, suggesting the world's No.2 economy may not be able to provide much of a counterweight to flagging U.S. and European growth.
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Stock futures fall on worries over global economy

Stock index futures tumbled on Thursday as a grim outlook from the Federal Reserve and downbeat data on private sector business activity in Europe and China stoked fears the global economy could sink back into recession.
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Oil slides $3 on economic gloom, dollar

Oil prices fell over $3 a barrel on Thursday, with U.S. futures touching $82.75 a barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.
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Stock futures slide on worries over global economy

Stock index futures tumbled on Thursday as a grim outlook from the Federal Reserve and downbeat data on private sector business activity in Europe and China stoked fears the global economy could sink back into recession.
Gold bar

Gold Price Falls in European Trading

Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost U.S. growth lifted the dollar but pummelled global equities and hit the entire commodities complex.
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Spot Gold Slips In Asian Trading

Spot gold slipped on Thursday under the weight of a rallying dollar, after falling more than 1 percent in the previous session when the U.S. Federal Reserve announced its plan to load up long-term securities and offered a grim economic outlook.
DAX board is pictured at the Frankfurt stock exchange

Stocks Take Beating on Grim U.S., China, Germany Data

A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.
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Hackers hit Zambia poll website, delay results

Hackers attacked the website of Zambia's Election Commission on Thursday, posting a string of false results showing opposition leader Michael Sata in the lead and causing delays to the release of the official tally.

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