China Recession
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
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"Monitoring Carefully": US On China Facing Economic Challenges
Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.
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Elon Musk Says Tesla's Main Rival Is "Probably Some Company Out Of..."
Releasing financial results on Wednesday, Tesla said they showed recent deep price cuts were stimulating demand, and that the company is cutting costs with a view to growing through what Musk expects will be a recession this year.
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Economic Slowdown In These 3 Countries Will Impact The World In 2023: IMF
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.
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PM Modi's Building Boom - What It Means For India
With China's massive construction sector still in a funk and the US and Europe likely heading into recessions, India has emerged as a savior for flagging global steel demand.
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iPhone SE 4 Mass Production to Be Cancelled or Postponed Until 2024: Ming-Chi Kuo
Analyst Ming-Chi Kup claims that Apple could cancel or delay the mass production plans for iPhone SE 4 to 2024. The Cupertino company could choose to halt the development of new products to tackle the challenges posed by the global economic recession in 2023.
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Microsoft, Amazon, Google Hit as Customers Cut Spending on Cloud, Datacentre Services
Microsoft, Amazon, and Intel may be girding against imminent recession, after the US tech giants revealed this week that customers had cut cloud and datacentre spending. Investors are now looking to see if there is a glut in capacity, which could lead to cuts in investment in cloud services, one of the largest and most dependable sources of growth ...
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Oil Falls On Recession Jitters, China COVID Curbs
Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
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Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.
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Tesla Hikes Price for All EV Models in the US Market Amid Global Supply-Chain Issues
Tesla has increased prices for all its EV cars in the US market following ongoing global supply-chain issues. The company chief Elon Musk previously warned about the risk of recession as the costs of raw materials have surged in the market.
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Microsoft, Amazon Head and Other CEOs Urge US Congress to Pass China Competition Bill
Amazon, Microsoft, and Alphabet CEOs, among other heads, urged the US Congress to pass the China competition bill aimed at boosting US’s economic competitiveness against China.
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
-
"Monitoring Carefully": US On China Facing Economic Challenges
Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.
-
Elon Musk Says Tesla's Main Rival Is "Probably Some Company Out Of..."
Releasing financial results on Wednesday, Tesla said they showed recent deep price cuts were stimulating demand, and that the company is cutting costs with a view to growing through what Musk expects will be a recession this year.
-
Economic Slowdown In These 3 Countries Will Impact The World In 2023: IMF
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.
-
PM Modi's Building Boom - What It Means For India
With China's massive construction sector still in a funk and the US and Europe likely heading into recessions, India has emerged as a savior for flagging global steel demand.
-
iPhone SE 4 Mass Production to Be Cancelled or Postponed Until 2024: Ming-Chi Kuo
Analyst Ming-Chi Kup claims that Apple could cancel or delay the mass production plans for iPhone SE 4 to 2024. The Cupertino company could choose to halt the development of new products to tackle the challenges posed by the global economic recession in 2023.
-
Microsoft, Amazon, Google Hit as Customers Cut Spending on Cloud, Datacentre Services
Microsoft, Amazon, and Intel may be girding against imminent recession, after the US tech giants revealed this week that customers had cut cloud and datacentre spending. Investors are now looking to see if there is a glut in capacity, which could lead to cuts in investment in cloud services, one of the largest and most dependable sources of growth ...
-
Oil Falls On Recession Jitters, China COVID Curbs
Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.
-
Tesla Hikes Price for All EV Models in the US Market Amid Global Supply-Chain Issues
Tesla has increased prices for all its EV cars in the US market following ongoing global supply-chain issues. The company chief Elon Musk previously warned about the risk of recession as the costs of raw materials have surged in the market.
-
Microsoft, Amazon Head and Other CEOs Urge US Congress to Pass China Competition Bill
Amazon, Microsoft, and Alphabet CEOs, among other heads, urged the US Congress to pass the China competition bill aimed at boosting US’s economic competitiveness against China.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.
