KUALA LUMPUR, April 6 — Prime Minister Datuk Seri Anwar Ibrahim has assured that Malaysia will not slip into recession for now, following the imposition of tariffs by the United States, as the country’s economy remains resilient.
NEW YORK, April 4 — United States (US) tech heavyweights, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, amplifying worries of a global economic downturn.
KUALA LUMPUR, Aug 8 — A strong Malaysia-China economic relationship is expected to help the country face and overcome the adverse effects of a recession in the United States, said Capital Dynamics Asset Management Sdn Bhd.
FRANKFURT, Feb 20 — The German economy may fall into recession in the first quarter of 2024, as headwinds persist, the German central bank predicted on Monday, reported Xinhua.
KUALA LUMPUR, May 2 — Experts are evenly divided on the prospects for the global economy, with equal shares of 45 per cent saying that a global recession this year is likely or unlikely.
KUALA LUMPUR, Feb 10 — Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus said Malaysia is unlikely to go into a recession this year as sustained domestic demand and spending are set to continue anchoring growth.
GEORGE TOWN, Feb 5 — Malaysia is confident of achieving positive growth and avoiding a recession this year despite having to navigate through global headwinds.
KUALA LUMPUR, Dec 12 — MIDF Research maintained its growth forecast for Malaysia’s Industrial Production Index (IPI) at six per cent for 2022, after the country’s IPI growth softened to 4.6 per cent year-on-year in October 2022, the slowest growth since May 2022.
BRUSSELS, Nov 12 — European Commissioner for Economy Paolo Gentiloni warned on Friday that the outlook for next year has "weakened significantly," and that most European Union (EU) countries will be in recession in the fourth quarter of this year.
KUALA LUMPUR, Oct 17 — Some 63 per cent of chief executive officers (CEOs) in the Asia-Pacific region anticipate a recession over the next 12 months, but more than half (55 per cent) expect it to be mild and short, according to KPMG International Ltd.
KUALA LUMPUR, Sept 14 — Malaysia is not likely to slip into a recession due to the diversified structure of its economy which is less dependent on commodities, aside from its pragmatic and responsive policies, said Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.
WASHINGTON, July 14 — The International Monetary Fund (IMF) plans to further downgrade its global growth projection later in July, Sputnik reported, quoting IMF Managing Director Kristalina Georgieva on Wednesday.
KUALA LUMPUR, July 7 — The ringgit continues its slide against the US dollar today as the greenback strengthened further, standing out as a safe-haven currency as traders digested the Federal Reserve's (Fed) latest meeting’s minutes on Wednesday.
KUALA LUMPUR, June 20 — Moody’s Analytics expects global real gross domestic demand (GDP) growth to decelerate in 2022, as policy support fades, pent-up demand cools, supply-side inflation remains elevated, and interest rate tightening gains pace.
KUALA LUMPUR, May 17 — The ringgit appreciated against the US dollar at closing today, tracking the improved sentiment for the Chinese yuan following positive developments in Shanghai, amid concerns over recession in the United States (US).
PARIS, Jan 30 — The two coronavirus lockdowns in 2020 caused the French economy to suffer its worst economic marker since World War II, the National Institute of Statistics and Economic Studies (INSEE) said Friday.
JAKARTA, Nov 5 — Indonesia suffered its first recession in over two decades in the third quarter and millions of people lost their jobs over the past year as the Covid-19 pandemic battered Southeast Asia's largest economy, the statistics bureau said on Thursday.
ANKARA, Sept 17 — Following strict coronavirus restrictions, New Zealand entered a recession as the country's economy shrank 12.2 per cent in the June quarter, a record drop since 1987, state-run media reported on Thursday.
CANBERRA, Sept 2 — Australian gross domestic product (GDP) has fallen 7.0 per cent in the June quarter, the largest quarterly fall on record, according to figures released by the Australian Bureau of Statistics (ABS) on Wednesday.
KUALA LUMPUR, May 22 — The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week movement control order (MCO) beginning on March 18 to curb the spread of Covid-19.
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