Global Shares Slide on China Flash PMI, U.S. Growth Fears
(Reuters) - Asian shares, U.S. futures and oil fell on Wednesday as a weak Chinese manufacturing survey renewed fears of a hard landing for the world's No. 2 economy, exacerbating worries about faltering global growth following a downward revision of U.S. GDP data.
The euro also fell, hit by a report in a Belgian newspaper that the Franco-Belgium bailout of Dexia bank (DEXI.BR) -- the first casualty of the euro zone sovereign debt crisis -- was on the verge of a collapse.
