More than $6.7 trillion in value has been wiped off the world's market capitalisation since late September
China, whose market value has eroded by nearly $2 trillion, has ceded the second place to Japan
We are entering a period of capital preservation and lower returns. Be cautious, be safe
The near-term focal point was on China's gross domestic product data due at 0200 GMT
Hope of a rapprochement abbreviated the markets' hangover about a trade war pitting the world's two largest economies against one another
Recent events have again put equity markets, barely recovered from their February selloff, under a cloud
The selloff doesn't reflect solid global growth
Asian peers such as Taiwan and South Korea are attracting more FII flows than India
Euro zone money markets now price in a 70% chance of a 10 basis point hike from the European Central Bank
US West Texas Intermediate crude futures rose to as high as $62.17 per barrel, up 0.9% for the day and their highest level since mid-2015
The failure of these 9 threats to materialise contributed to 2017's strong annual performance for risk assets
The MSCI world equity index, which tracks shares in 47 countries, fell 0.2 percent and was set for its fifth straight day of declines
Over the last week, the BSE recorded a hefty fall of 350.17 points, or 1.08 per cent
Japan's Nikkei hit a four-month low before paring losses to end 0.5% down
North Korea's leader delayed the decision of firing missiles towards Guam
And, even oil prices were down more than 1% over a report of rise in Opec production
A mixed batch of earnings reports left US and European stock indexes lower
Meanwhile, oil prices were headed for a weekly gain of over 4% on lower US stockpiles, among others
This comes a day after Fed Chair Janet Yellen signalled a less aggressive rise in interest rates
European Central Bank is readying to scale back its 2-trillion-euro stimulus programme