economic recession

US Economy

Forecast for US recession within year hits 100% in blow to Biden

A US recession is effectively certain in the next 12 months in new Bloomberg Economics model projections.

Global Economy

Recession now appears the price to pay for beating inflation

Central banks across many advanced and emerging economies have little option but to keep on hiking in the face of inflation.
Citigroup economists see chance of global recession nearing 50% - THE EDGE SINGAPORE

Global Economy

Citigroup economists see chance of global recession nearing 50%

Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.

Global Economy

Who's to blame for a recession: Biden or Powell?

When inflation is raging in an important election year, the best political move may be to outsource the fight to central banks.


Russia's invasion of Ukraine raises spectre of recession

Russia's links with ASEAN may be small, but the conflict in Ukraine could spill over to European markets, which could hit harder.


The post-pandemic recovery's missing link

Trust is scarce and it’s chilling to think about what a further loss of trust would mean for today’s crisis-ridden world.

Emerging Markets

Weaker emerging markets left behind as wealthier Asian economies pull away from the pack

A Bloomberg study of 17 emerging markets has found a 42% correlation between gross domestic product per capita and stock performance since the virus-fueled risk sell-off began on Jan 2020.

Singapore economy

More fiscal support expected as Singapore faces worst recession on record

A joint study by MTI and MOF shows that Singapore’s budgets this year, have prevented real GDP from losing about 5.5% in 2020.

Singapore economy

Economists mixed on road ahead for Singapore

Economists are maintaining a cautious stance on Singapore’s economic growth for the year as the city-state reels from the Covid-19 bug. 

Broker's Calls

No double dip recession imminent, says Morgan Stanley

Morgan Stanley's base case is for the quarterly GDP profile for AxJ to show a gradual cyclical recovery in the next 12-18 months.