TOKYO -- Corporate profits fell worldwide for the first time in three quarters during January-March, data compiled by Nikkei shows, as economic headwinds in China rippled across industries ranging from chemicals to steel and machinery.
Companies
Global corporate profits fall as China slump casts shadow
Country's economic slowdown ripples across borders and industries
The protracted slump in China's property sector is depressing profits in chemicals, steel and other industries. © Reuters
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