Bloomberg | European Index Futures Drop as Oil Slumps, Offshore Yuan Surges Bloomberg Oil dropped for a seventh day. Concern that turmoil in China's stocks and currency will spread to the economy helped spur declines in global markets this year, with crude tumbling 18 percent. China stepped up its defense of the yuan on Tuesday, buying ... Asia stocks hover at four-year lows on China worries; oil slides Stocks close mixed as oil tanks almost 6% China shares fall another 5%, Europe slips back as oil tumbles - as it happened |