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LONDON - European shares weakened on Thursday in a broad-based sell-off after minutes of the US Federal Reserve’s June meeting dampened hopes for more risk-asset-boosting stimulus in the near term.

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HONG KONG — Asian markets plunged Thursday on growing fears of a regional slowdown after South Korea unexpectedly cut interest rates and Japan’s central bank failed to announce major new stimulus measures.

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NEW YORK - US stock index futures were lower o n T hursday as the global economic picture remained bleak and minutes from the latest Federal Open Market Committee meeting indicated more stimulus is unlikely in the near future.

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LONDON - Britain’s long-run fiscal outlook over the next 50 years remains “clearly unsustainable”, despite the government making some progress in reducing current borrowing and public-sector pension commitments, an official watchdog said on Thursday.

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BEIJING — China’s economic slowdown slammed into Li Fangliang, cutting sales at his Shanghai auto parts store by half.

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FRANKFURT, Germany — Global stock markets fell on Thursday on fears growth may slow in China and after US Federal Reserve minutes indicated the central bank may not move as quickly as hoped to stimulate the country’s economy.

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PARIS - French automaker PSA Peugeot Citroen announced 8,000 job cuts and the closure of an assembly plant as it struggles with mounting losses, in a move that could hasten a wave of restructuring in western Europe.

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BEIJING - Beijing’s efforts to support its faltering economy, coupled with local governments loosening their grip on housing curbs, will likely help home prices recoup first-half losses later this year, a Reuters poll found on Thursday.

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BANGALORE — Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.

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