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Financial News

Monday November 17, 09:59 PM

 

 

An elderly man looks at an electronic board showing the stock index at a securities company in Chengdu

By Liu Jin

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An elderly man looks at an electronic board showing the stock index at a securities company in Chengdu, in China's southwestern province of Sichuan. Global stock markets slumped Monday as the bad news on the financial crisis got worse, with Japan, the world's second largest economy, in recession and US banking giant Citigroup cutting 50,000 jobs. An elderly man looks at an electronic board showing the stock index at a securities company in Chengdu, in China's southwestern province of Sichuan. Global stock markets slumped Monday as the bad news on the financial crisis got worse, with Japan, the world's second largest economy, in recession and US banking giant Citigroup cutting 50,000 jobs.


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