US News

Stocks extend slide as ECB weighs up taper plan

Published by

By Marc Jones LONDON (Reuters) – World share markets slipped for a third straight day on Thursday as Beijing took another swipe at its big tech firms, while bond markets steeled for European Central Bank signals later about a gradual withdrawal of its stimulus. Europe’s regional STOXX 600 flirted with a six-week low in early trading, while Chinese tech giants Tencent, NetEase and Alibaba had slumped 6%, 7% and 4% respectively overnight after online gaming chiefs were summoned by authorities to check they are sticking to strict new rules for the sector. Analysts anticipate the ECB will announce…

Read More

Facebook Comments

Check Also

Chairman, CEO Of China's HNA Group Arrested For “Suspected Crime”

Chairman, CEO Of China’s HNA Group Arrested For ...