Recession

UK economy exits recession ahead of election

Britain exited a shallow recession with better-than-expected growth in the first quarter, official data showed… Read More

Japan unexpectedly slips into recession

Japan unexpectedly slipped into a recession at the end of last year, losing its title… Read More

Germany: Recession on cards for Q1

Germany's economy shrank in the final three months of 2023, the statistics office said on… Read More

UK recession might be under way

LONDON: UK's economy might be in a recession, according to data that showed it shrank… Read More

New Zealand dips into recession, putting rate hikes in doubt

WELLINGTON: New Zealand slipped into recession as the economy shrank in the first quarter, data… Read More

Oil falls as weak US economic data stokes recession fears

Oil fell on Thursday as weak U.S. economic data raised concerns over a potential global… Read More

UK economy avoids recession

Britain's economy avoided a recession as it grew in the final months of 2022, according… Read More

South Korea slides toward recession

South Korea's economy inched toward its first recession in three years as data on Wednesday… Read More

Eurozone returns to growth after six-month crunch: data

BRUSSELS: The eurozone economy grew in January for the first time in six months, a… Read More

US banks get ready for shrinking profits and recession

US banking giants are forecast to report lower fourth quarter profits this week as lenders… Read More

Germany’s recession to be milder than expected in 2023: Ifo

Germany's recession is expected to be milder than previously predicted, Ifo said Wednesday, the first… Read More

German business morale up despite looming recession

FRANKFURT: German business confidence improved in November, a key survey said Thursday, as hopes grow… Read More

UK economy shrinks at start of feared long recession

UK economy shrank in the three months to September at the start of what is… Read More

Oil prices fall over 2% on recession and China COVID fears

Oil prices slid more than 2% on Tuesday, extending losses of nearly 2% in the… Read More

World Bank warns recession risk rising amid higher interest rates

The threat of a global recession is growing as central banks focus on bringing down… Read More

Europe heading for recession as cost-of-living crisis deepens

The euro zone is almost certainly entering a recession, with surveys on Monday showing a… Read More

Oil prices increase ahead of OPEC meeting despite recession worries

Oil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+… Read More

Opinion: In default zone

Financial crunch is now a global issue and many countries have almost reached the tipping… Read More

Recession fears deepen as US economy contracts again

The US economy contracted for a second straight quarter between April and June, government data… Read More

US recession fears darken outlook for global growth

Manufacturing growth is slowing from Asia to Europe as China's COVID-19 curbs and Russia's invasion… Read More