World stock markets were mixed today as enthusiasm for a European plan to rescue Spain's teetering banks turned to scepticism.

Asian stock markets fell today, dragged down by reports of a manufacturing slowdown in China and a deepening economic malaise in Europe.

Asian stock markets were mostly lower today as data suggesting a slowdown in China raised concerns that its economy might not have the momentum needed to help sustain a global recovery.

Asian stock markets soared after major central banks acted in concert to lower borrowing costs, hoping to prevent a global credit crisis similar to the one that followed the collapse of Lehman Brothers in 2008.

World stock markets lost steam today after Germany’s economic growth came to a near-standstill in the second quarter, adding to fears that the global economy is slowing down.