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recession

Economy 1 year ago

PREMIUM
US recession fears ‘mostly positive’ for Indonesia despite trade risks

The government and experts say a slowdown in the world’s largest economy may bring advantages for emerging markets like Indonesia's by expediting the anticipated reduction in interest rates.

Markets 1 year ago

Stocks routed by US recession risk, bonds eye rapid rate cuts

Share markets tumbled and bonds rallied in Asia on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering that rapid fire rate cuts will be needed to rescue growth.

Europe 1 year ago

As Europe turns right, UK voters reject Conservative populism

Britain, once renowned for political stability, has lurched from crisis to crisis since the 2016 vote to leave the European Union, through the COVID-19 pandemic, increasingly stretched public services and a cost of living crisis.

Markets 1 year ago

PREMIUM
Recession in export markets cut into Indonesia's fishery products

While recessions in some developed countries including Japan had caused a decline in Indonesia's fishery exports, the industry saw growth in exports to other markets and had an opportunity to capitalize on several potential markets, a fisheries ministry official said on Tuesday.

Markets 1 year ago

PREMIUM
Finance Ministry mulls ‘samurai’ bond after recession news from Japan

The Finance Ministry says that the government had not decided whether to issue yen-denominated bonds after Japan unexpectedly fell into recession.

Economy 2 years ago

Japan unexpectedly slips into recession

Some analysts are warning of another contraction in the current quarter as weak demand in China, sluggish consumption and production halts at a unit of Toyota Motor Corp all point to a challenging path to an economic recovery.

Economy 2 years ago

Why economists get their forecasts wrong?

The Covid-19 pandemic, Russia's war in Ukraine and more recently the Middle East conflict have made it tougher for experts to see clearly into their economic crystal balls.