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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,...

China ready to cut rates again on fears of deflation

(Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in...

China says FTA with South Korea may be effective in 2015

(Reuters) – A free trade agreement between China and South Korea should be effective in the second-half of next year if all goes well, a top commerce ministry official said on Monday, ending negotiations that started in 2012. The Chinese and South Korean...

Australia, China deepen ties with landmark free trade deal

Written by Matt Siegel (Reuters) – China and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world’s second largest economy and one of Washington’s closest allies...