(Global Edition) From the BBC World Service … Another wave of red-hot selling pressure on Wall Street – which wiped out gains for the year – spilled over into Asia stocks. But there’s a sense of calm in Europe. One of the world’s biggest corruption scandals is continuing to unfold as Malaysia’s former prime minister pleads not guilty to corruption charges related to 1MDB. Afterwards, a Chinese company plans to be the nation’s first non-governmental commercial enterprise to launch a satellite into orbit later this year. And, it’s taking advantage of mobile-phone technology to do it. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), Gobble (gobble.com) and Michigan Economic Development Corporation (planetm.com). (10/25/2018)
Stocks pause, but what’s behind the latest bout of volatility?
Investors monitor stock price movements at a securities company in Beijing on June 15, 2016. China on June 15 brushed off stock index firm MSCI's decision to exclude the country's A shares from its influential global equities index, saying that the gauge cannot be complete without the Chinese stocks. GREG BAKER/AFP/Getty Images