[WASHINGTON] The US economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the...

THE United Kingdom's economy is crumbling under the strain of the coronavirus lockdown and government borrowing is soaring to the highest levels in peacetime history, increasing pressure on the...

[LONDON] The contraction in the UK construction industry gathered pace in August as increased political uncertainty saw new orders fall at fastest pace in more than ten years.

[KUALA LUMPUR] World palm oil demand may suffer its first contraction in two decades during the 2019/20 crop year due to rising domestic oilseed supplies in top buyer India and slowing demand in...

THE smartphone market is down but not out, with high prices and other factors combining to chill what had previously been a red-hot sector.