The Business Times

Recession

International

New Zealand firms’ gloomy outlook raises risk of recession

Trump’s imposition in early April of a 145 per cent tariff on Chinese imports sparked a plunge in container traffic from China to the US.
International

US-China truce likely to avert recession but not coming slowdown

Southwest is among a growing number of airlines pulling financial guidance for the full year as a lack of economic clarity feeds uncertainty among consumers.
Transport & Logistics

Southwest CEO says US airline industry is already in a recession

Goldman Sachs economists peg recession risk at 45%, versus 65% before Trump announced the pause.
International

US economists say recession risk is still high after Trump pivot

Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share as tariff-spooked shoppers begin pulling back on spending.
Global Enterprise

CEOs brace for recession even after tariff reprieve boosts stocks

Economic sentiment is darkening as money managers and corporate executives struggle to cope with the volatility created by US President Donald Trump’s escalating trade war.
Global Enterprise

JPMorgan model shows recession fear in markets spiking up to 79%

FILE PHOTO: Nike shoes are seen displayed at a sporting goods store in New York City, New York, U.S., May 14, 2019. REUTERS/Mike Segar//File Photo
Global Enterprise

US clothing retailers delay orders, freeze hiring as tariffs hit China, Vietnam products

Inflation is likely to be elevated, Larry Fink says, casting doubt on the Federal Reserve cutting rates multiple times this year.
International

Larry Fink says most CEOs he talks to think US is in a recession

China, meanwhile, is mulling front-loading stimulus, which may include subsidies for some exports and potentially alleviate some of the pain for Cosco Shipping, Orient Overseas and China Merchants.
Transport & Logistics

Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise

The Malaysian government is still assessing the impact of the US tariffs and is putting this year’s economic growth forecast of 4.5 to 5.5 per cent under review.
ASEAN Business

Malaysia refutes US claim on tariffs, doesn’t expect recession

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