World markets stumble to end of brutal quarter

World markets stumble to end of brutal quarter

World stock markets ended one of the most brutal quarters in years Friday, with bourses in New York and Europe seeing sell-offs to match the 2008 crisis and the dot.com bubble.

China's manufacturing activity slows in December

Manufacturing activity in China fell to a three-month low in December but soaring raw material costs continued to fan inflationary pressures in the economy, an independent survey said Thursday.