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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Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.
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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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Indian Equities Could Face Rough Weather in 2023 As Global Uncertainties Persist
Global factors like recession fears, geopolitical risks and rising coronavirus cases in China could keep equity markets volatile.
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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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Oil Prices Steady As Supply Worries Offset Recession Fears
Oil prices were little changed early today as supply worries offset recession fears and China's commitment to its zero-COVID policy.
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Asia's Factory Output Weakens On Global Recession Fears, China Covid Curbs
Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening recovery prospects.
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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 Over 2% On Global Recession And China COVID-19 Fears
Oil slid more than 2 per cent on Tuesday, extending losses of nearly 2 per cent in the previous session, as recession fears and a flare-up in COVID-19 cases in China raised concern over global demand.
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Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
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Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
-
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.
-
Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 months, with spiralling inflation, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.
-
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.
-
Indian Equities Could Face Rough Weather in 2023 As Global Uncertainties Persist
Global factors like recession fears, geopolitical risks and rising coronavirus cases in China could keep equity markets volatile.
-
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.
-
Oil Prices Steady As Supply Worries Offset Recession Fears
Oil prices were little changed early today as supply worries offset recession fears and China's commitment to its zero-COVID policy.
-
Asia's Factory Output Weakens On Global Recession Fears, China Covid Curbs
Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening recovery prospects.
-
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 Over 2% On Global Recession And China COVID-19 Fears
Oil slid more than 2 per cent on Tuesday, extending losses of nearly 2 per cent in the previous session, as recession fears and a flare-up in COVID-19 cases in China raised concern over global demand.
-
Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
-
Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
