LONDON - The British were warned for weeks that a vote to leave the European Union would result in economic pain. Now they'll find out.
LONDON - First came the shock. Then fear seized world markets. As frenzied selling accelerated in Tokyo, Hong Kong and London, unfathomable amounts of wealth vanished in a matter of hours.
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
The China-led Asian Infrastructure Investment Bank announced its first loans for projects ranging from a slum upgrade in Indonesia to a highway in Pakistan.