WASHINGTON, United States—The Federal Reserve is poised to roll out another big increase in interest rates Wednesday as it tries to cool the economy...
Washington, United States--The United States faces “a risk” of recession as its battle against inflation could slow the nation’s economy, but a serious downturn...
London, United Kingdom—Britain’s economy shrank in the second quarter, official data showed Friday, as the country heads toward recession under a new prime minister.
UK...
Washington, United States—Concerns the US economy will face a downturn amid the Federal Reserve’s aggressive interest rate increases have been exaggerated, a top Fed...
World financial markets of late are swinging wildly because of recession fears.
Traders of oil and other global commodities, currencies, stocks and bonds are speculating...
Filipinos must tighten their belts to brace for the looming global recession in the coming months, a House leader warned on Tuesday.
Deputy Speaker and...
Equities fell in Asia on Thursday as traders grow increasingly worried that central bank moves to rein in inflation could tip economies into recession.
However,...
Bangko Sentral ng Pilipinas Governor and incoming Finance Secretary Benjamin Diokno expressed confidence there will be no more recession in the country as the...
"Treading a tightrope is never easy."
The Philippine economy finally broke five successive quarters of recession. It cranked up in the second quarter of 2021...
Bank of the Philippine Islands, the third-largest lender in terms of assets, is optimistic the recession experienced by the Philippines due to the COVID-19...