News Snapshot:
Markets Global stocks run out of steam on China worries Flare up in US-China tensions and Beijing’s plans tighten internet registration rules for younger users douse rally 27 October 2021 - 11:57 Karin Strohecker Screens at the London Stock Exchange in London, the UK. Picture: BLOOMBERG/LUKE MACGREGOR London — A flare up in US-China tensions, signs of further regulatory crackdowns from Beijing and a rise in short-dated US Treasury yields doused the equity market rally on Wednesday, offsetting tailwinds from forecast-beating earnings on Wall Street. MSCI’s global equity benchmark is hovering close to Monday’s seven-week high, though, and is on...
