President Bush says the US economy still faces "serious challenges", after signing a $700bn financial rescue plan.
Large cut in Thai interest rates
Thailand's central bank cuts interest rates by the biggest amount in eight years, as it aims to lift an economy hit by unrest.
EU wants banks to boost lending
The EU competition commissioner says she expects banks that receive state aid to promise to lend to the real economy.
Crisis fears hit European shares
European shares fall amid increasing concerns over the state of the world's economy, mirroring a similar decline on Wall Street.
China factory output down sharply
China's manufacturing output fell sharply in November, figures show, just the latest sign that the global economic slowdown is impacting on its economy.
Economy warning from China leader
China's President Hu Jintao warns of the effects of the global financial crisis on his country, as economic growth slows.
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