Finance, Markets and Economy, Oil, Stocks, China, Asia, Germany, France, South Korea,

World stocks are slumping as bad economic data point to a global slowdown

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Asian, European, and US stocks retreated on Thursday morning as markets digested disappointing economic data out of Germany, France and South Korea. South Korea’s economy shrunk 0.3% in the first quarter, while German business sentiment and French manufacturing confidence both weakened in April. "The cautious mood from Asia is likely to roll over into Europe, […]

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