GO
Loading...

Recession

More

  • *Saha Group expects sales up 5 pct in 2014. BANGKOK, June 3- Thailand's largest consumer product conglomerate Saha Group forecast on Tuesday 5 percent sales growth for this year, saying it expected the military government would soon implement economic reforms to restore confidence after a coup.

  • US entering a recession? That's what trader claims Tuesday, 20 May 2014 | 6:56 PM ET

    In a "way out there call," trader explains why he thinks the U.S. is entering a recession. But another pro disagrees.

  • ABN AMRO sees slightly lower 2014 loan impairments Friday, 16 May 2014 | 1:57 AM ET

    BRUSSELS, May 16- Dutch state-owned bank ABN AMRO reported a 30 percent rise in first-quarter underlying net profit on Friday and said loan impairments would take some time to fall to normal levels although should be slightly lower this year. ABN AMRO said loan impairments remained elevated, reflecting the weak state of the domestic economy.

  • WARSAW, May 14- The European Bank for Reconstruction and Development slashed its regional growth forecasts in half on Wednesday and warned of damage to the world economy if the crisis in Ukraine sends Russia into recession.

  • LONDON, May 14- European shares eased back from multi-year highs on Wednesday and the euro licked its wounds after slumping to a five-week low as the focus shifted to an economic outlook from the Bank of England for clues on when UK interest rates will rise.

  • WASHINGTON, May 7- Federal Reserve Chair Janet Yellen prepared the following remarks on the U.S. economic outlook for her testimony to the congressional Joint Economic Committee on Wednesday. Current Economic Situation and Outlook.

  • *To give outlook update for Russia on May 13. PARIS, May 7- Societe Generale, France's second-largest listed bank, has written down the acquisition value of Russian arm Rosbank by 525 million euros, blaming the economic uncertainty caused by Russia's soured relations with Ukraine.

  • MOSCOW, May 6- Russia's economy is likely to shrink again in the second quarter of 2014, a senior finance ministry official was quoted as saying on Tuesday, after contraction began in the first three months of the year.

  • Russia 'probably in recession': Pro     Thursday, 1 May 2014 | 4:20 AM ET

    Neil Shearing, chief emerging markets economist at Capital Economics, says Russia is probably in recession and that despite the IMF program, it will be very difficult to see economic stability in Ukraine.

  • *IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund slashed on Wednesday its already modest 2014 growth forecast for Russia, warning that Ukraine- related sanctions were scaring off investors and were pushing the economy towards recession.

  • *IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund has cut its 2014 growth forecast for Russia and expects capital outflow of $100 billion this year, the Fund's mission chief to Moscow said on Wednesday.

  • *Fitch expected to hike outlook or upgrade Spain. On a day of credit updates scheduled for three of the bloc's top four economies, Standard& Poor's affirmed its ratings on France, while Fitch raised its outlook on Italy and was expected to boost its view of Spain after Europe's markets close.

  • Rating agencies buy into euro zone recovery story Friday, 25 Apr 2014 | 8:17 AM ET

    On a day of credit updates scheduled for three of the bloc's top four economies, Standard& Poor's affirmed its ratings on France, while Fitch raised its outlook on Italy and was expected to boost its view of Spain after Europe's markets close.

  • MILAN, April 25- Fitch Ratings on Friday affirmed Italy's sovereign rating at' BBB+' but raised its outlook to stable, saying a deep recession in the country had ended and funding conditions had improved markedly. Fitch said this and Italy's weak growth prospects were among key factors behind the current rating level.

  • *Data due at 10 a.m. local time/ 0200 GMT. BEIJING, April 16- China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy.

  • *Retail sales jump 1.1 percent in March. WASHINGTON, April 14- U.S. retail sales recorded their largest gain in 1-1/ 2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter.

  • WASHINGTON, April 10- The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in almost seven years, which could bolster views of an acceleration in job growth after a cold winter dampened hiring.

  • WASHINGTON, April 8- The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year and next as output in richer nations picked up, but it warned of rising risks in emerging economies.

  • WASHINGTON, April 8- The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies.

  • DIARY - Top Economic Events to April 22 Monday, 7 Apr 2014 | 8:01 PM ET

    PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.