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2 mins read

After Germany enters recession, fears in Singapore of 'technical recession'

Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…

ANI   


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The US economy is booming — but Japan and the UK just slipped into recession. Here's why.

The economies in both Japan and the UK contracted in the last three months of 2023, signaling a rec…

George Glover   


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3 mins read

The US dollar is trading at its strongest level against the euro in 20 years as recession fears push the pair closer to parity

"Slowdowns fears are now arguably the main driver of currencies globally," said one strategist at t…

Carla Mozée   


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Germany's government tells citizens to brace for a recession while Biden tries to quiet fears in the US

Germany is dealing with skyrocketing energy prices that the US is not. But the US has its own warni…

Jason Lalljee   


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Germany is 'on the cusp of a recession' amid Russia's natural-gas squeeze and energy inflation, economist says

The Business Climate Index from the German think tank Ifo Institute is down to 88.6 — its low…

Huileng Tan   


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5 mins read

Germany is on the brink of recession due to energy security, and other parts of Europe could be close behind

Germany and Austria have activated emergency plans that could lead to gas rationing, but the Nether…

Huileng Tan   


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4 mins read

Huileng Tan   


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1 min read

Huileng Tan   


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Mega-cap tech dominance in the S&P 500 is obscuring investor bets that the US may already be in a recession

The S&P 500 is up this year on a top-heavy rally in Nvidia and other tech stocks. BlackRock says an…

Carla Mozée   


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1 min read

Citigroup's CEO says she is certain that war in Ukraine and the energy crisis will plunge Europe into a recession

War in Ukraine and the energy crisis have left Europe highly vulnerable to economic downturn, Jane …

George Glover   


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2 mins read

European natural gas prices soar 17% after Russia says it will slash supplies to the continent, driving fears of a deep recession

Russia said it will cut supplies through the Nord Stream 1 pipeline to 20% of capacity, further bat…

Harry Robertson   


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Investors are piling the most cash into European stocks in nearly a year as recession outlook fades

Europe's economic prospects are brightening after winter wasn't as harsh as anticipated and with Ch…

Carla Mozée   


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The European Central Bank just hiked interest rates for the first time in 11 years, amid political and economic crisis

The ECB opted to hike interest rates by an outsized 50 basis points in a bid to cool red-hot inflat…

Harry Robertson   


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Russia restarts natural gas flows to Europe through Nord Stream pipeline, cooling prices and recession fears

Politicians across Europe were breathing a sigh of relief Thursday as Russia restarted flows of nat…

Harry Robertson   


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Europe's natural gas crunch will further weaken the US economy by hitting trade between the two, Goldman Sachs warns

Goldman now expects Germany to tip into recession as the energy crunch intensifies, with negative c…

Harry Robertson   


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It's a matter of 'when and not if' Europe gets hit by power crunch as Russia chokes off energy supplies, Rystad Energy says

Europe is going to be underprepared for the chaos it will face this winter as alternative options t…

Zahra Tayeb   


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US stocks dive as bond yields flash recession warning and investors brace for inflation reading

The spread between the yields on the 10-year and 2-year Treasury bonds inverted to their deepest po…

Jason Ma   


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2 mins read

Oil is being tamed by recession fears but Russia's 'weaponization' of commodities could push prices higher again, RBC's commodities chief says

"I think the Russians are going to get more aggressive going into December," RBC's Helima Croft sai…

Insider Inc.   


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1 min read

Treasury Secretary Janet Yellen: 'I don't think recession is inevitable'

"It's important to recognize that the United States is certainly not the only advanced economy suff…

Sarah Al-Arshani   


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3 mins read

Germany takes center stage in Europe's worsening energy crisis.

In a worsening energy crisis in Europe, Germany is right at the center of a perfect storm as Russia…

Phil Rosen