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South Korea records its worst annual economic growth since 1998 following the Asian financial crisis. Its gross domestic product contracted 1.0 percent in 2020 from 2019.
2021-01-25

The economy officially enters a recession for the first time since 1991 after the Bureau of Statistics reports a 7% decline in GDP over the second quarter, the largest fall since records began in 1959.
2020-09-2

The United Kingdom's economy officially enters recession for the first time since 2009, according to Chancellor Rishi Sunak.
2020-08-12

The Philippine economy falls into recession for the first time in 29 years after the economy shrank by 16.5% in the April to June quarter from the same period last year, which is the biggest slump in the government's quarterly GDP data dating back to 1981.
2020-08-6

Italy's economy falls into recession for the third time in a decade after declining GDP growth in late 2018. Italian Prime Minister Giuseppe Conte blames the recession on external factors, including trade tensions between the United States and China.
2019-01-31

The Wall Street stock market sheds 4.6% of its value, with the Dow Jones Industrial Average dropping a record 1,175 points at close. At one point during the day, the benchmark index loses a record 1,579 points.
2018-02-5

A number of analysts, including Ralf Preusser from Bank of America and Ric Deverell from Credit Suisse, believe that the United Kingdom economy is heading into a recession.
2016-06-27

The combined economy of the 17 eurozone nations narrowly avoids a recession, largely due to relatively high economic growth in Germany. However, overall growth in the eurozone was zero in the first quarter of 2012.
2012-05-15

Global stock markets fall for a second day amid fears of a deepening economic crisis.
2011-09-23

Stock markets rise significantly and bond prices fall around the world after investors are reassured by the European Union and International Monetary Fund’s nearly $1 trillion plan to avoid a European debt crisis.
2010-05-10