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Singapore sees travel boom shielding the island’s economy from recession

Singapore is confident that a rebound in travel that’s boosting the services sector will help the island’s economy avoid a recession...

New Zealand to avoid recession amid quicker return of tourism, cyclone recovery

Bloomberg | | Posted by Zarafshan Shiraz New Zealand will avoid a recession as more tourist arrivals, cyclone recovery and government spending...

Stock Futures Edge Up After Five-Day Losing Streak

U.S. stock futures rose, suggesting the S&P 500 could regain some ground after five consecutive sessions of losses triggered by worries...

Airbus’s Delivery Miss Is Scarier With Recession Looming

In a cyclical industry such as making planes,...

Services Come With a Smile, but the Economy Could Still Be Frowning

The manufacturing sector has fallen into a funk. Services business are in...

Economists Think They Can See Recession Coming—for a Change

If the economy shrinks next year, no one should be surprised. We’re facing the most widely forecast recession in history—and investors...

Covid Controls Hit Chinese Factories, Adding Risks to Global Growth

SINGAPORE—Economic activity in China contracted further in November, adding pressure to a global economy already losing momentum as the war in...

China’s Economy Faces Challenges Despite Latest Moves to Stimulate Growth

HONG KONG—China’s recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader...

China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy

SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with...

China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

Beijing’s battle to contain the virus—including sharp restrictions on everyday life and commerce in cities from the major port city of...

Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon

Officials approved the latest supersized rate increase at their Nov. 1-2 meeting, bringing their benchmark rate to a range between 3.75%...

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