The quarterly survey sees the economy shrinking by 8.3{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} this year, a downgrade from its May projection for a 5.5{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}...
recession
Singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed Tuesday,...
IHS Markit’s flash composite Purchasing Managers’ Index (PMI), which tracks the manufacturing and services sectors that together account for more...
The US economy ended its longest expansion in history in February and entered recession as a result of the coronavirus...
India's fourth recession since independence, the first since liberalisation and perhaps the worst to date, is here, CRISIL said on...
“The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the...
Japan’s economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation...
Singapore faces deeper-than-forecast recession as corovirus clouds global outlook, says central bank
A recession in Singapore's trade-reliant economy could be deeper than forecast as the protracted nature of the Covid-19 pandemic is...
The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF...
The IMF on Tuesday projected a GDP growth of 1.9 per cent for India in 2020, as the global economy...