Recession

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

Banking giant axes 35,000 jobs as profits slump

Pre-tax profits tumbled by a third to $13.3 billion (12.3 billion euros) in 2019 from… Read More

Germany is facing recession: Ifo economist

Wohlrabe added that although the business climate improved in Germany’s struggling auto industry Read More

US economists expect recession in 2020 or 2021: survey

A majority of economists expect a US recession in the next two years, but have… Read More

Downward trend in crude oil prices in Asian markets

Crude oil prices facing downward trend in the world market as Brent oil price went… Read More

US recession odds jump as Trump trade wars bite

The odds of a US recession by next year have increased sharply, with mounting protectionism… Read More