Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
Anti-Islam protesters placed funeral candles outside German Chancellor Angela Merkel’s electoral office together with photos of young women who have been stabbed to death, some by asylum seekers, police said Friday. The protest — with the message “Islam is part of Germany?” written in yellow chalk on the pavement — bore the logo of the far-right Identitarian Movement, which is under surveillance by Germany’s domestic security service. The pictures, candles and red roses were put there Thursday, hours after a German court jailed for life Hussein Khavari, an asylum seeker claiming to be from Afghanistan, for the 2016 rape and murder of a medical student. An image of his victim, Maria Ladenburger, 19, was among those of four young women placed in picture frames on the pavement, together with 14 candles and the flowers, outside Merkel’s office in the Baltic Sea town of Stralsund. Merkel has faced a harsh backlash against her decision in 2015 to open German borders to a m...