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
Entertainer made a blind woman feel "completely and utterly trapped" when he assaulted her in hospital bedroom, a court has been told.
A Border patrol on the frontier that separates Texas from Mexico hopes Donald Trump will keep his vow to tackle illegal immigration.
Donald Trump has urged the UK to "look at" ex-MI6 agent Christopher Steele to see if he was behind the controversial 35-page document.