Page 2 - Latest Updates on Recession
Economists increasingly sure US will avoid recession, shows survey
Also, inflation has been falling faster than expected, and the labor market is cooling but not collapsing
 "Economists increasingly sure US will avoid recession, shows survey")
UK economy grew more than expected in Nov but still risks recession
Britain's economy struggled to gain momentum in 2023, as households were squeezed by rapid inflation and the highest Bank of England (BoE) interest rates in 15 years
 "UK economy grew more than expected in Nov but still risks recession")
Dry weather, export curbs to strain global 2024 staple food supplies
Global wheat, corn and soybean prices - after several years of strong gains - are headed for losses in 2023 on easing Black Sea bottlenecks and fears of a global recession
 "Dry weather, export curbs to strain global 2024 staple food supplies")
UK recession might be under way after economy shrinks in Q3: Report
Q2 output also cut to 0.0% from 0.2% growth
 "UK recession might be under way after economy shrinks in Q3: Report")
Germany's woes worsen as economy likely to shrink again in current quarter
Europe's biggest economy contracted by 0.1 per cent in the third quarter after growing by the same amount in the previous three-month period, according to official figures
 "Germany's woes worsen as economy likely to shrink again in current quarter")
UK's stagnating economy fails to grow but sidesteps start of a recession
In the month of September alone, Britain's economy grew by 0.2% from August when growth was revised down to 0.1% from 0.2%
 "UK's stagnating economy fails to grow but sidesteps start of a recession")
M&A activity dips amid geopolitical concerns, only 5 mega deals this year
By the end of August 2023, about 21,500 M&A deals had been announced, with a total value of $1.18 trillion. This represents a 14 per cent decrease in the number of deals
 "M&A activity dips amid geopolitical concerns, only 5 mega deals this year")
Global South shouldn't be saddled with unviable debt from initiatives: EAM
"Today when the world is facing challenges, looming economic recession, broken supply chains, food and energy insecurity this calls for closer cooperation with the SCO"
 "Global South shouldn't be saddled with unviable debt from initiatives: EAM")
Bond market bulls at JPMorgan, Allianz double down on bet gone bad
That strategy is now misfiring once again, saddling them with subpar returns and testing their resolve as the selloff deepens week after week
 "Bond market bulls at JPMorgan, Allianz double down on bet gone bad")
Sentiments for real estate sector remain bullish for next 6 months: Survey
"This is due to the continued resilience of the Indian economy amid a recessionary environment globally
 "Sentiments for real estate sector remain bullish for next 6 months: Survey")
Is a recession still on the cards?
Amidst the surprisingly strong market performance, investors are questioning the possibility of a recession in the US, but history suggests caution is still warranted
 "Is a recession still on the cards?")
Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI
Threat of a global recession, economic crisis triggered by the Russia-Ukraine war and dip in the real GDP growth rate of countries like Singapore
 "Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI")
Citigroup downgrades US stocks amid recession risks, upgrades Europe
Strategists at the brokerage downgraded UK stocks on a lack of exposure to growth stocks and a stronger pound
 "Citigroup downgrades US stocks amid recession risks, upgrades Europe")
Largest US banks would survive severe recession, Fed's 'stress tests' show
Fed policymakers also hinted that they could make the tests harder in future iterations, due to the banking crisis earlier this year
 "Largest US banks would survive severe recession, Fed's 'stress tests' show")
Recession risk, rate rises drive down private equity deals to 4-yr low
Since the start of the year, buyout firms have been unable to secure cheap debt and have had to draw on their own funds, marking a departure from traditional leveraged buyouts
 "Recession risk, rate rises drive down private equity deals to 4-yr low")
Britain witnesses recession and flood of job losses if rates hit 6%
The UK has so far weathered the cost of living crisis without falling into recession
 "Britain witnesses recession and flood of job losses if rates hit 6%")
China snips key lending rate as economy tumbles; retail sales jump
The People's Bank of China lowered the rate on its one-year loans
 "China snips key lending rate as economy tumbles; retail sales jump")
New Zealand's economy dips into recession as higher interest rates bite
New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show
 "New Zealand's economy dips into recession as higher interest rates bite")
Australia has 50% chance of sliding into recession this year, says CBA
The Commonwealth Bank of Australia on Friday downgraded its economic forecasts following a recent cash rate increase, saying the country has a 50 per cent chance of sliding into recession this year
 "Australia has 50% chance of sliding into recession this year, says CBA")
Power shock: Euro zone saw winter recession, more challenges ahead
Along with Germany, GDP also declined in Greece, Ireland, Lithuania, Malta, and the Netherlands
 "Power shock: Euro zone saw winter recession, more challenges ahead")
