US, Chinese economic data weak, Infosys posts dismal Q4 results
Bearishness is back in mode among investors, as US and Chinese economic data pose questions about growth. Indian IT major Infosys posts dismal fourth quarter numbers. European shares continue to remain under pressure with yields on Spanish debt inching higher. China's economy grew at its weakest pace in nearly three years in the first quarter. Goldman Sachs slashes CEO Lloyd Blankein's pay by 35 per cent.
