Asian markets prepare for more China-led turmoil

Asian markets braced themselves on opening for a further bruising in the sorry saga of what looks like a Chinese market in free fall. A late night US sell-off laid waste to any veneer of stability on Wednesday morning despite yesterday's "rate cut by China's central bank": - its fifth since November last year. The mainland's benchmark Shanghai Composite dipped and rose erratically … READ MORE : What are the top stories today? Click to watch: euronews: the most watched news channel in Europe Subscribe! euronews is available in 13 languages: In English: Website: Facebook: Twitter: Google+: VKontakte:

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