World stocks flagged a negative sign as steep falls kicked off the new week on Monday. Chinese property developer Evergrande’s escalating liquidity crisis had triggered concerns about spillover risks and widespread pessimism in global markets. MSCI’s all-country world equity index shed 1.63 percent, its biggest one-day percentage fall day in about two months, as Wall Street’s benchmark Dow Jones Industrial Average fell  1.8 percent, S&P 500 sagged 1.7 percent, and the tech-heavy Nasdaq tumbled 2.2 percent. The Stoxx Europe 600 dropped 1.7 percent. German market index DAX dropped by fell 2.6 percent in early trading on Monday to its lowest level since July, as UK flagship index FTSE 100 fell 0.9 percent, ending at a two-month low. It came after Hong Kong’s Hang Seng index had fallen 3.3 percent to its lowest close in over a year; The Hang Seng Property sub-index tumbled 6.7 percent, flagging the biggest drop since May 2020. …