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Recession News


'Recession' - 281 News Result(s)

  • Japan Business Mood Sours in Jan-March as Economy Skirts Recession

    Japan Business Mood Sours in Jan-March as Economy Skirts Recession

    The data keeps pressure on policymakers to deploy additional fiscal and monetary stimulus measures to reflate an economy that is skirting another recession.

  • Global Headwinds no Sign of a Recession: Moody's

    Global Headwinds no Sign of a Recession: Moody's

    The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growth prospects of several economies, but it does not signal a threat of global recession, Moody's Investors Service said today.

  • US Jobs Surge Bolsters Fed Rate Hike Prospects

    US Jobs Surge Bolsters Fed Rate Hike Prospects

    US employment gains surged in February, the clearest sign yet of labour market strength that could further ease fears the economy was heading into recession and allow the Federal Reserve to gradually raise interest rates this year.

  • Risk Grows of Market Rout Sparking Global Recession: Experts

    Risk Grows of Market Rout Sparking Global Recession: Experts

    Financial markets that predicted eight of the last six recessions may be yet be wrong again, but market stress itself is now part of the calculus and leaves the world more open to shocks.

  • India, UK to Open Trade, Markets to Support Growth

    India, UK to Open Trade, Markets to Support Growth

    Amid fears of the global economy edging close to recession, India and UK have agreed to open up trade and markets to support growth, carry out structural reforms and address issues related to cross-border tax evasion.

  • Fed Readies First Hike in Almost a Decade Amid Calm Markets

    Fed Readies First Hike in Almost a Decade Amid Calm Markets

    Eight years after a devastating recession opened an era of loose US monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.

  • Japan Central Bank Keeps Policy Steady Even as Country Slips Into Recession

    Japan Central Bank Keeps Policy Steady Even as Country Slips Into Recession

    The Bank of Japan (BoJ) maintained its current pace of monetary stimulus on Thursday, clinging to hopes that an economic recovery is in sight despite soft domestic capital expenditure and challenging global business conditions.

  • Japan Back in Recession: What Experts Say

    Japan Back in Recession: What Experts Say

    Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment, putting policymakers under growing pressure to deploy new stimulus measures to support a fragile recovery.

  • Japan Relapses Into Recession in Q3, Blow to Abenomics

    Japan Relapses Into Recession in Q3, Blow to Abenomics

    Japan slipped into its fourth technical recession in five years between July and September - spotlighting how the government's "Abenomics" policies have struggled to drag the economy out of chronic stagnation.

  • Japan's Nikkei Falls 1.7% in Early Trade

    Japan's Nikkei Falls 1.7% in Early Trade

    The Japanese economy shrank 0.2 percent in the July-September period, the government said Monday, slipping into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

  • As China Weakens, Recession Stalks North Asia

    As China Weakens, Recession Stalks North Asia

    The slowdown in China's economy, the world's second largest, is sucking the growth out of North Asia and tilting some economies towards recession.

  • Bank of Japan Keeps Policy Steady Despite Signs of Recession

    Bank of Japan Keeps Policy Steady Despite Signs of Recession

    The Bank of Japan (BoJ) held off on expanding stimulus on Wednesday, even as slumping exports and falling oil prices threaten its rosy projection that the economy is on track to hit the bank's ambitious 2 per cent inflation target next year.

  • Brazil Enters Recession in Second Quarter

    Brazil Enters Recession in Second Quarter

    Moody's has cut Brazil's credit rating to near junk status, reflecting growing struggles with debt.

  • IMF Believes Greece Needs Third Bailout Worth 90 Billion Euros

    IMF Believes Greece Needs Third Bailout Worth 90 Billion Euros

    Citing high-ranking EU diplomats, the paper said the IMF believed the increase was necessary due to a recession in Greece. The economy is expected to shrink by between 2.1 and 2.3 per cent this year, a Greek government official told Reuters on Monday.

  • Fed Signals It May Increase Interest Rates by Midyear

    Fed Signals It May Increase Interest Rates by Midyear

    The Federal Reserve signaled Wednesday that it would consider raising its benchmark interest rate at its June meeting, the first increase since the Great Recession, but the central bank emphasized that it might still delay the decision until later this year.

  • Nikkei at 8-Year Peak, Greek Talks Loom

    Nikkei at 8-Year Peak, Greek Talks Loom

    Data from Japan showed the economy emerged from recession in the final quarter of last year, though growth of 0.6 per cent was short of market forecasts.

  • Japanese Economy Grows 0.6% in Q4, Out of Recession

    Japanese Economy Grows 0.6% in Q4, Out of Recession

    The quarterly reading came in below the median forecast of 0.9 per cent growth in a survey by the Nikkei economic daily.

  • US Has Best Economic Growth Prospects: Obama

    US Has Best Economic Growth Prospects: Obama

    President Barack Obama has said the US has "risen from recession" and has got better prospects of economic growth than any other country, including India, China or Germany.

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