While you were sleeping: Greece, China sink stocks

Tue, 09 Dec 2014

By Margreet Dietz Dec. 10 (BusinessDesk) - Wall Street and European equities fell amid the prospect of renewed political chaos in Greece and as Chinese officials imposed new limits on the types of bonds that can be used as collateral for some short-term loans. In Greece, the country’s benchmark ASE Index plummeted 13 percent after the government said voting for a new president will start next week, potentially opening the door to national elections that would likely be won by the Syriza party, which opposes Greece's bailout agreement with...

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