Recession, Exports | featured news

Thailand's economy emerges from recession after a pick up in exports, government figures show.

The yen’s strength prompted fresh concerns among Japan’s export giants, and could delay its move out of the deepest recession in decades.

The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund's chief economist said.

The U.S. economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record $120.1 billion, pulled down by falling consumer spending and exports, government data showed on Thursday.