As passengers were evacuated from one ship in Japan, health officials scrambled to test people on another, in Cambodia.
Tag: Recession and Depression
Coronavirus Shock Could Push Europe Into a Downturn
Germany and other countries were already vulnerable. The longer the Chinese economy remains crippled, the bigger the risk to the rest of the world.
Alibaba’s Hong Kong Shares Rise, Despite Protests
The Chinese e-commerce giant raised $11.2 billion, the territory’s biggest tally since 2010, showing investor enthusiasm despite worsening demonstrations.
Alibaba Raises Billions of Dollars in Hong Kong, Despite Protests
The $11.2 billion raised is the territory’s largest fund-raising since 2010, showing investor enthusiasm despite worsening demonstrations.
In Argentina Election, Leftists Savor Victory Over Incumbent
President Mauricio Macri was defeated by a ticket that included former President Cristina Fernández de Kirchner in the No. 2 spot.
Iceland’s Purple Planes Are Grounded, and With Them, Its Economy
The collapse of WOW Air, the discount airline, has damaged the country’s tourism industry, which had lifted it from the wreckage of the 2008 financial crisis.
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew 0.2 percent last quarter, and inflation remains far below the European Central Bank’s target.
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.
In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China
But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.
Turkey Enters Recession, a Blow for Erdogan as Elections Near
Turkish government figures show two consecutive quarters of declining growth amid falling investor confidence, shrinking investment and rising prices.