Europe

Global Markets Take Hit from China Data, Fed Plan

Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.

Cyprus Mulls Early EU Structural Funds

Officials said the debt-laden country is considering putting EU structural funds to earlier use to help its stricken economy but is not asking for a bigger bailout.