Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.
Tag: Economic Conditions and Trends
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Japan’s Economy Slips Into Recession and to No. 4 in Global Ranking
A slowdown in consumer and business spending held Japan back at the end of last year, with the economy contracting for the second straight quarter.
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
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How the War With Hamas Has Damaged Israel’s Tech Firms and Economy
Israel’s technology sector, a key part of the economy, has been jolted by worker shortages and funding fears, which could drive a wider slowdown in 2024.
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World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”