[HONG KONG] Hong Kong's economy contracted for the fourth straight quarter as the coronavirus pandemic and political tensions extend the city's first recession in a decade.

THIS WEEK'S TOPIC: How is your organisation girding for the recession? Are there any silver linings or bright spots amid the economic gloom?

THE South Korean economy plunged into recession in the second quarter, in its worst decline in more than two decades as the Covid-19 pandemic battered exports and social distancing curbs paralysed...

[SYDNEY] Australia warned on Thursday that its economy will shrink at its fastest pace in history during the second quarter, while the budget deficit will be the biggest since the Second World War...

[SYDNEY] Australia will extend record stimulus spending into next year, the government announced Tuesday, outlining multi-billion-dollar measures to shield the labour market from the ravages of...

MAS ANNUAL REPORT

THE Monetary Authority of Singapore (MAS) is studying the delicate balance of when and how to ease virus relief measures, so as to mitigate unintended "cliff" effects when these helplines expire...

EDITORIAL

THE recession that Singapore has now officially entered is unprecedented in many ways - not least its staggering scale, with a record 12.6 per cent plunge in gross domestic product (GDP) in the...

SINGAPORE ECONOMY

SINGAPORE entered what might be its deepest - if not longest - recession in the second quarter, as gross domestic product (GDP) plummeted a record 12.6 per cent year on year due to Covid-19...

SINGAPORE'S gross domestic product (GDP) plummeted 12.6 per cent year on year in the second quarter, bringing the country into full-blown recession, as Covid-19 "circuit-breaker" measures hit hard...