Friday, December 26, 2025
Today's Print

Tag: Recession

Stocks savaged as China retaliatory tariffs fan trade war

Hong Kong, China—Asian and European equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping...

Honeymoon ends for Trump on US financial markets

Washington, United States – The euphoria that Donald Trump's election triggered for financial markets seems to be a thing of the past as investors now...

Germany dodges recession, posts growth

FRANKFURT—The German economy unexpectedly grew in the third quarter as domestic spending increased, official data showed Wednesday, defying expectations of a slowdown that would...

New Zealand limps out of recession

New Zealand's economy has limped out of recession, official data showed Thursday, but the country's finance minister has warned inflation still casts a "long...

Singapore avoids recession on surprise second-quarter growth

SINGAPORE—Singapore›s economy grew more than expected in the second quarter, data showed Friday, helping it avoid a recession, but analysts warned the trade-dependent city...

UK posted zero growth in Q4 to escape recession

London, United Kingdom—Britain’s economy avoided recession after flatlining in the last three months of 2022, but finance minister Jeremy Hunt warned Friday it was...

A third of world economies face recession—IMF

One-third of the world’s economies are expected to go into recession this year, according to the International Monetary Fund’s managing director. “Even countries that are...

PBBM confident PH faces no recession with low jobless rate

President Ferdinand R. Marcos Jr. said he sees bright prospects for the country’s economy after the unemployment rate dipped in October, expressing confidence the...

US Fed poised to make fourth interest rate hike

WASHINGTON, United States—The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it...

Biden concedes ‘slight’ recession a possibility for US

Washington, United States—US President Joe Biden conceded Tuesday that a “slight” recession was a possibility following a downcast IMF economic forecast, amid rising inflation...

Russia rides out recession amid high fuel prices

MOSCOW, Russia—Russia’s economy may face multiple long-term challenges, but for now, energy exports appear to be helping it ride out Western sanctions imposed over...

WTO reduces global trade forecast as recession looms

Geneva, Switzerland—The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia’s war in Ukraine and other shocks take...

UK economy grew in second quarter, easing recession fears

London, United Kingdom—Britain’s economy grew in the second quarter and did not shrink as previously thought, data showed Friday, easing recession fears amid ongoing...

Market slumps to near two-year low

The stock market sank to near two-year low Wednesday as recession fears mount and traders grow increasingly concerned about tensions between Russia and the...
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