European stocks hit near one-week low on global worries | Malay Mail

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NEW YORK, April 12 — European shares today fell to their lowest in nearly a week on growing worries about rising inflation, a surge in coronavirus infections in China and the fallout of the prolonged war in Ukraine. The pan-European STOXX 600 index fell 1.1 per cent by 0713 GMT, echoing weakness...

NEW YORK, April 12 — European shares today fell to their lowest in nearly a week on growing worries about rising inflation, a surge in coronavirus infections in China and the fallout of the prolonged war in Ukraine.

Germany’s top lenders Deutsche Bank and Commerzbank slumped nearly 8 per cent after an undisclosed investor sold stakes of more than 5 per cent, a bookrunner said.

 

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