recession

Tech stocks struggle with high AI costs and recession worries, impacting major firms.

Fall in consumer spending had hit GDP in the final months of the year

Dollar remains firm as IMF forecasts global recession in 2023

China predicted to grow 5%, outpacing average 3.7% growth for emerging markets

Recessions don’t last long; best of opportunities are found in difficult environment

Report says serious debt crisis unfolding across developing countries

Meta issued a gloomy forecast after recording its first-ever quarterly drop in revenue on Wednesday

Price magistrates fail to enforce official rates

Australia has exited its first recession in almost 30 years

GDP contracts by 20.4% in period from April to June

IMF chief economist says both advanced and emerging markets will be in recession in 2020

Dips Rs1.06 in inter-bank market due to low inflow of foreign currency

Says heavy debts from govts will delay industry’s recovery

ADB report updates assessment of potential Covid-19 impact

Pakistan cannot sustain a recession, let alone a prolonged depression

Finance ministry warns against easing virus-induced lockdown, sees chances of economic recovery from 2021

Manila-based lender working on immediate and flexible financing to help Islamabad combat Covid-19

World Bank warns initial scenario forecast grim drop in economic output

New home sales decreased by the most in more than 6-1/2 years in March, US data reveals

Predicts impact of the virus on the region will be severe, across the board, and unprecedented

This is bound to increase unemployment in the country — from 2.4% to 9%

World Bank report estimates the country’s GDP to contract up to 2.2%

France’s economy suffered its worst contraction during the first three months of this year since World War II

Moscow, Riyadh, others need to agree baseline for new output cuts

Banks of the city are issuing unprecedented profit warnings, while hotels and restaurants are half-empty

Only two per cent of the 226 respondents now see a recession this year, compared to 10 per cent in February's survey

Business activity has slowed down markedly in FY19

Peer-to-peer and other digital lenders sprouted up largely after the Great Recession of 2008

Prime Minister David Cameron said Britain risked sparking a 'do-it-yourself recession' by voting to leave the bloc

Ten major unions have called the nationwide strike after recent talks with Finance Minister Arun Jaitley broke down

The figures add to escalating fears about the health of the global economy, with world stock markets plunging farther