Page 24 - Recession

Brexit impact: UK avoids recession scare with 0.3% growth in Sep quarter

The technical definition of a recession is two straight quarters of negative growth.

IT firms may shed 5-10% mid-level workforce, focus on digital: Infy ex-CFO

On the prospects of IT services companies in 2020, he said all the global economies seem to be stable and there are no fears of recession.

Five-months of relentless anti-govt protests push Hong Kong into recession

Hong Kong's Financial Secretary said, the city is unlikely to achieve annual economic growth this year

World economy needs intellectual revolution to get out of low-growth trap

Modern policy makers operate in a world of radical uncertainty. They simply do not know what might happen next - and under these conditions, economic models need to be seen in a new light

FPIs pull out over Rs 6,200 cr in Oct so far as global recession fears loom

Overseas investors were net buyers in the preceding month and had infused a net sum of Rs 6,557.8 crore in the domestic capital markets (both equities and debt), according to the data.

As IMF sees global recession on horizon, here are the signs to look out for

In the April 2009 study, its economists decided that declining per-capita GDP was the main indicator to monitor recession

Value of downgraded debt trebles to Rs 1.38 trn in H1 of FY20: Crisil

Jewellery, garments, construction bear brunt of downgrades as slowdown, sharp fall in consumption demand, slower govt spending weigh

Trade war damage piles weight onto consumers, fans global recession fears

Morgan Stanley economists are already warning that American consumers are all that stand in the way of a US contraction

Gold crosses Rs 40,000-mark for the first time on recession fears

Fresh buying by jewellers ahead of the festive season also aided the rally in the precious metal

Deepening manufacturing slump puts Germany on the brink of recession

Economic momentum has stalled for the past year, and there are few signs the situation will improve any time soon

G-7 is well timed to fight recession but leaders unlikely to act

The UK, like Germany, is at risk of slipping into a recession after recent data showed a second-quarter 0.2 per cent decline in gross domestic product

Hong Kong turmoil could trigger world recession, warns Harvard economist

The academic's warning comes days after Federal Reserve Bank of Boston President Eric Rosengren said Hong Kong's crisis is on his global worry list

GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura

India's economic growth slowed to 6.8% in 2018-19 - the slowest pace since 2014-15

Trump looking at possible tax cuts, asset sale amid economic recession fear

Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure

As signs of US recession grow, should global investors be worried?

Do not let talk of yield curve inversion and impending recession spook you

World closer to first recession in a decade as trade war fears spread

While tight labour markets globally and the recent shift by central banks should provide a cushion, economists are starting to war-game for how a recession could happen

Wall St sinks as US bond market stokes recessionary fears, spooks investors

The drop in yields also reflected a jump in expectations that the Federal Reserve would cut key borrowing costs three more times by year-end

From yield curve to labour signs: Tips for spotting a recession in the US

The downward trend suggests "there's been a lingering caution on behalf of businesses"

Global recession likely late this year or next: Nobel Laureate Paul Krugman

Noting that the central banks often lack the tools available to insulate against market turmoil, Krugman said the planning for risk has been minimal

Recessions aren't inevitable, and economists don't agree on their causes

Because economists don't know why recessions start, they can't predict when one will start