Oil hits five year low, emerging stocks hammered

(Reuters) – Oil prices fell to their lowest in five years on Monday, hit by slowing factory activity in China and Europe and hammering emerging market stocks and commodity-linkedcurrencies. Plunging prices for oil and other commodities raised fears of deflation,...

German inflation remains at 0.8% in September

Inflation in Europe’s largest economy has not been lower than 0.8 per cent since February 2010. The data confirms a flash estimate from the end of September and is fuelling concern that Germany could be nearing recession and that the entire euro zone bloc could slip...