World markets

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US crude oil prices plunge

Global oversupply, huge stockpiles and refinery shutdowns have led to plunging prices for US crude oil. It tumbled by 3 percent on Thursday and by


An economic summer of fear

The financial storms that in recent years gathered over advanced economies seem to have changed course this summer. Emerging markets, especially


Gold bugs bail out

The price of gold continues to tumble. It is down to its lowest in almost three years and is on course for a record loss in the past three


Kingfisher's rainy day blues

Results from Britain’s Kingfisher on Wednesday were a reminder that the crisis is far from over. Europe’s biggest home improvement retailer, which