While you were sleeping: China concerns resurface

Thu, 13 Oct 2016

By Margreet Dietz Oct. 14 (BusinessDesk) - Equities on both sides of the Atlantic moved lower as weaker-than-expected data from China revived concern about the juggernaut economy at a time the US Federal Reserve is widely expected to raise interest rates soon. Data showed China's exports sank 10 percent in September from the year-earlier month, while imports unexpectedly fell, down 1.9 percent. Also weighing on sentiment is concern about the impact of the UK’s decision to leave the European Union, with a fresh slide in the British pou...

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