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Recession

No recession risk for US economy as a whole after $14 billion shutdown hit, Bessent says

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., October 22, 2025.  REUTERS/Kevin Lamarque/File Photo
US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., October 22, 2025.  REUTERS/Kevin Lamarque/File Photo

How markets could topple the global economy

At any sign of a wobble, speculation mounts that the market is on the precipice, says the writer.
At any sign of a wobble, speculation mounts that the market is on the precipice, says the writer.

Hunger rising in Haiti, with nearly 6 million at risk by 2026

FILE PHOTO: People gather to receive food at the temporary shelter in College des Antilles as the country faces emergency food insecurity while immersed in a social and political crisis, in Port-au-Prince, Haiti October 4, 2024. REUTERS/Jean Feguens Regala/File Photo
FILE PHOTO: People gather to receive food at the temporary shelter in College des Antilles as the country faces emergency food insecurity while immersed in a social and political crisis, in Port-au-Prince, Haiti October 4, 2024. REUTERS/Jean Feguens Regala/File Photo

New Zealand economy shrank more than forecast in second quarter; NZ dollar sinks

New Zealand’s economy contracted 0.9 per cent in the second quarter of 2025 from the prior quarter.
New Zealand’s economy contracted 0.9 per cent in the second quarter of 2025 from the prior quarter.

From crisis to comeback: How The Straits Times reported Singapore’s economic ups and downs

The Straits Times has chronicled Singapore’s economic highs and lows, capturing pivotal moments with immediacy, insight – and even foresight.
The Straits Times has chronicled Singapore’s economic highs and lows, capturing pivotal moments with immediacy, insight – and even foresight.

Russia must not let economy slip into recession, says Putin, after minister issues warning

Participants watch Russian President Vladimir Putin's speech on a TV screen at the 28th Saint Petersburg International Economic Forum on June 20.
Participants watch Russian President Vladimir Putin's speech on a TV screen at the 28th Saint Petersburg International Economic Forum on June 20.

Fashion’s recession indicators: How clothes and beauty trends are warnings of tough times ahead

Fashion and culture have long hidden telltale signs about the state of the economy.
Fashion and culture have long hidden telltale signs about the state of the economy.

Japan’s exports fall as US tariffs stoke recession risks

Car exports to the US tumbled 24.7 per cent in May. Overall exports to the US fell 11.1 per cent.
Car exports to the US tumbled 24.7 per cent in May. Overall exports to the US fell 11.1 per cent.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.