Asian stock markets mostly dropped today despite a sign China's manufacturing downturn has bottomed, as the possibility of a credit rating downgrade for Germany added to Europe's debt turmoil.
Global markets slid yesterday as Spain's borrowing costs soared, raising the risk that it will require a financial bailout that Europe probably cannot afford.
Moody's changing the outlook on Germany's credit rating to negative from stable dented faith in Europe's strongest economy and added to pressure on markets.
More top news
A teenage boy has been stabbed to death in London, the second fatal attack within two days.
A British amateur sailor died this morning after being hit by a sail while taking part in the Clipper Round The World Yacht Race.
Plans for seven-day GP services are "unrealistic" because of a shortage of doctors, the Government has been warned.