TIMESONLINE: London shares slide as investors react to a weaker US dollar and heavy overnight falls on Asian stock markets
The value of Britain’s biggest companies plunged this morning with 114 points wiped from the FTSE 100 as investors reacted to growing signs of global market turmoil.
The US dollar hovered near a record low overnight and stock markets in Asia suffered their biggest falls for weeks as traders took their lead from the brutal sell-off on Wall Street on Friday.
In London, the FTSE 100 was down 114.5 points at 6413.5 after opening with every single company in negative territory. Market turmoil sends London stocks plummeting (more)
THE GUARDIAN:
IMF warns of decline in global economy
BBC:
Dollar sinks to another euro low
FINANCIAL TIMES:
London shares join global equities downturn By Michael Hunter and Robert Orr
THE NEW YORK TIMES:
Buyers Pounce on Deals as Homes Go on the Block
NEUE ZÜRCHER ZEITUNG:
Schweizer Börse gibt deutlich nach: Banken unter Druck
Asiatische Börsen auf Talfahrt: Vier-Wochen-Tief in Tokio
LE MONDE:
Les marchés s'inquiètent du ralentissement économique américain
Mark Alexander
