Wednesday's News Links

[Bloomberg] U.S. Stocks Sink With Markets Around the World as Rout Deepens

[Bloomberg] Global Stocks on Brink of Bear Market as Oil Slides; Ruble Sinks

[Bloomberg] Europe Stocks Fall to 13-Month Low as Results Stoke Growth Fears

[Reuters] Oil sinks again on glut as U.S. crude hits new lows

[Bloomberg] Emerging Stocks Sink to Six-Year Low as China H-Shares Tumble

[Reuters] China shares fall as oil slides, outweighing stimulus hopes

[Bloomberg] Hedge Funds Suffer First Quarterly Net Outflows in 4 Years

[Bloomberg] Saudi Arabia Said to Ban Betting Against Its Currency

[Bloomberg] Fannie Mae Plunges Below $1, Tumbling 70% From 2015 Peak: Chart

[Bloomberg] Hong Kong Dollar Forwards Sink to Weakest Since '99 on Peg Bets

[MarketWatch] Hong Kong stocks hit 3½-year low; Japan nears bear market

[Bloomberg] Consumer Prices in U.S. Fall, Led by Slump in Commodities

[FT] Capital flight from China worse than thought

Tuesday Evening Links

[Bloomberg] Chinese Stocks Slide in Hong Kong as Weak Currency Spurs Outflow

[Bloomberg] China Money Rate Jumps to Nine-Month High on Outflows, Hoarding

[Bloomberg] Asian Stocks Resume Declines as Japan Drops, Energy Shares Slide

[Bloomberg] Yen Rises as Tumbling Asian Stocks Diminish Appetite for Risk

[UK Telegraph, Evans-Pritchard] World faces wave of epic debt defaults, fears central bank veteran

[Reuters] S&P 500 ends unchanged; more carnage in oil stocks

[Reuters] IBM revenue falls 8.5 percent as strong dollar weighs

[Bloomberg] The Weak Spot in China's $3.3 Trillion Foreign Reserve Stockpile

[Reuters] Confidence among CEOs sags as China's slowdown spooks Davos

[Bloomberg] China Is Getting Less and Less Bang for Its Credit Buck

[CNBC] Big banks continue retreat from mortgages

[Bloomberg] Shrinking Sovereign Wealth Funds Are Ducking Davos

[Bloomberg] Kazakh Banks Face Double Bind on Deposit Rule as Tenge Plummets

[WSJ] Rising Debt in Emerging Markets Poses Global Threat

[NYT] Oil Market Tests Banks’ Ability to Weather Losses

[WSJ] Canada Grapples With Housing Bubble Risk

[Reuters] Exclusive: Saudi Arabia warns against 'nefarious activities' by Iran

[Bloomberg] Poland Faces Barrage as Defiant New Leaders Collide With Europe

Tuesday's News Links

[Bloomberg] Global Equity Gains Falter in U.S. as Crude Slips, Bonds Rise

[Bloomberg] China Stocks Jump Most in Two Months as Data Fuel Stimulus Bets

[Bloomberg] Hedge Fund That Called Subprime Crisis Says Yuan Should Fall 50%

[Bloomberg] China GDP Slows to Weakest Since 2009 on Manufacturing Slide

[Reuters] China 2015 power, steel output drop for first time in decades

[Reuters] China presses banks to tighten capital outflows - sources

[Reuters] China central bank to inject $91 billion to ease liquidity strains

[Bloomberg] PBOC Boosts Injections as Money Rates Climb to Two-Week High

[Bloomberg] Offshore Yuan Drops on Stimulus Bets as Growth Misses Estimates

[Bloomberg] Emerging Market ETFs Suffer $2.1 Bln Outflows, Most Since August

[Bloomberg] Puerto Rico's First Debt Deal Is Running Up Against a Deadline

[Bloomberg] IEA Sees Risk of World Drowning in Oil

[Bloomberg] Azerbaijan Tightens Currency Controls as Oil Feeds Crisis

[Reuters] IMF cuts global growth forecast as China, falling oil prices weigh

[NYT] Slump in China’s Industrial Sector Weighs on an Already Slowing Economy