[
recession
]Latest from recession
Singapore sees travel boom shielding the island's economy from recession
Singapore's outlook for aviation and tourism sectors remains sanguine, boosting transport, hotels, entertainment and recreation

Germany slips into recession with negative first quarter
The negative growth figure was revised down by the federal statistics agency from an initial estimate of zero percent.

New Zealand to avoid recession amid quicker return of tourism, cyclone recovery
New Zealand rebuild following North Island weather events, a quicker return of tourism and less-contractionary fiscal policy to offer more support to economy

Surat diamond industry looks to tide recession by extended vacation
Workers unions have accused the Surat diamond companies of resorting to massive layoffs- a claim refuted by the industry bodies

US economy grows at 1.1 per cent in first quarter: Report
US economy: Economists had been expecting overall GDP to grow at a 1.9% pace in the January-March quarter.
