China Stock Market Crash: Global shares nosedive, panic grips investors

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Stock markets in New York, London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors.

Wall Street's Dow Jones was nearly 6% lower in early trading after plunges across Europe.

London's FTSE 100 index was down by more than 6% in afternoon trade, with major markets in France and Germany down by 7% and 6% respectively.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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