Equity markets fall worldwide as Brent crude falls below $30 a barrel.
Apart from China, stock markets across Hong Kong, Australia, India, Japan and South Korea were trading lower.
UK and European stocks relinquish gains as rebound in oil prices loses momentum.
On the FTSE 100 in the UK, commodity traders and miners were leading the surge.
The success of Star Wars: The Force Awakens, Marvel and Pixar means the future looks bright for Disney.
European stocks were in the black after a positive session in Asia and a recovery in oil prices.
Albert Edwards, strategist at Societe Generale says 'world could witness 2008-09-like financial crisis again'.
Standard Chartered warns that oil prices could slide to $10 a barrel.
Goldman Sachs, RBS and Morgan Stanley too are ultra-bearish about oil prices.
UK stocks boosted by better-than-expected figures from a number of big retailers.
Bank forecast oil prices to fall to $16 a barrel and China crisis to worsen.
Wall Street eyes second day of gains in a row as oil prices take a breather from decline.
UK and European stocks gain ground thanks to strong supermarket performances.
The success of Star Wars, Marvel and Pixar means Disney are set to rule the box office for years to come.
While India, Australia and Japan were trading in the red, Hong Kong and South Korea were in the green.
FTSE slips as BAE extends gains, while Sports Direct and mining stocks remain under the cosh.
Wall Street opens in positive territory as investors await the beginning of the earnings season
European stocks shrug off Chinese worries as oil prices extend declines
China's Shanghai Composite Index, which lost all of its 2015 gains last week, was at 3,098.04, down 2.77%.
The move is in line with its efforts to increase its footprint in London's bullion market.
British stocks lose further ground as FTSE records hefty weekly losses.
Strong jobs report boosts stocks and global markets stabilise.
Complete privatisation would make Saudi Aramco by far most valuable company in the world.
Despite shares plummeting due to poor Christmas sales, now is a great time to invest in UK retailer Next.
Iran is gearing up to increase production following lifting of sanctions.
Asian markets were mixed, with the Chinese Shanghai Composite closing almost 2% higher.
Chinese markets were in the green following suspension of its circuit breaker by CSRC.
UK stocks recoup part of the losses but FTSE 100 remains in the red.
Brent Crude and West Texas Intermediate trading were below $33, the lowest point since 2004.
Riyadh will not halt record production at risk of aiding Iran and US shale.