Sources: Sky News
U.S. stocks experience a relatively steep drop as the Nasdaq Composite falls 4% and the S&P 500 falls 2.7%. Economists attribute the drop to recent all-time highs, recession fears, and concerns about a potential U.S. government shutdown and the tariffs imposed by the Trump administration. 2025-03-10
The German economy enters a recession for the first time since the COVID-19 pandemic amid high levels of inflation. 2023-05-25
The economy of Russia enters a recession, after gross domestic product decreased by four percent in the third quarter. 2022-11-16
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 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
The Cabinet Office of Japan plans to declare that its economy has entered a recession after 71 months of growth. 2020-07-23
The Hong Kong economy enters into a recession, as a result of continuous protests from the past five months. 2019-10-27
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
Asian and European stock markets open lower in response to the ongoing sovereign debt crisis in Europe. 2011-09-26
Stock markets in Asia and Australia fall on the back of a sharp decline in Wednesday's trading on the New York Stock Exchange. 2011-08-11