GVD

Asian stock losses widened after weak Chinese GDP data

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HONG KONG (Reuters) – Asian inventory losses widened on Tuesday after China reported weak fourth-quarter financial knowledge, though investor expectations for a powerful restoration within the nation remained excessive at the same time as considerations grew that the worldwide financial system was heading into recession. . London is about to open open with FTSE futures … Read more

Davos 2023: Global recession in 2023 seen as likely in World Economic Forum survey

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DAVOS, Switzerland (Reuters) – Two-thirds of main private and non-private economists surveyed by the World Financial Discussion board count on a world recession in 2023, the organizer of the Davos Discussion board mentioned on Monday, as enterprise and authorities leaders gathered. its annual assembly. About 18% thought of a world recession “extremely doubtless” — greater … Read more