KUALA LUMPUR: Malaysia’s economy shrank by 4.5% in the third quarter ended Sept 30, 2021 compared

TOKYO — Last December, after two years of stop-and-go growth, Japan’s economic engine seemed like it might finally be revving up.... The year 2021 ended on a high note, with the country’s economy expanding on an annual basis for the first time in three years. But the Omicron variant of the coronavirus, geopolitical turmoil and supply chain snarls have once again set back Japan’s fragile economic recovery.... A combination of factors contributed to the decline in growth....

The restaurant business worldwide was one of the hardest hit by the Covid-19 pandemic.... The Indian food services market was no exception, as it witnessed 53 per cent degrowth in FY2021 compared to the previous fiscal, a report by the National Restaurant Assoc？... ng the invoking of force majeure and adjustment of licence fees for the period of operations under restrictive conditions....

KUALA LUMPUR: Malaysia’s Gross Fixed Capital Formation( GFCF), the second largest component of gross domestic product( GDP) with 20.9 per cent share to the total economy, contracted 14.5 per cent to RM281.1 billion( constant prices) last year as compared to 2019, the Department of Statistics Malaysia( DOSM) said. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the contraction was mainly due to the COVID-19 pandemic which affected the investment of fixed assets for all economic activities

WASHINGTON( REUTERS)-New US census data released on Thursday( Aug 12) shows the white population declined for the first time in history last decade, with significant increases among people who identify as multi-racial, Hispanic and Asian driving much of the population growth between 2010 and 2020. The release from the US Census Bureau also marks the start of what will be a fierce partisan battle over redistricting, as states use the local data to begin drawing congressional and state legislative

However, the economists on a panel that declares eurozone recessions use a broader set of data, including unemployment figures.... Most economists don’t think the U.S.is headed for a recession anytime soon, and if one occurs, it’s likely further away than many of them had previously thought.... Governments and utilities were able to line up alternative supplies of liquefied natural gas from countries like the U.S. and Qatar, avoiding disastrous utility shutoffs that had been feared last year..

India's merchandise trade deficit fell to$ 20.58 billion in November, according to government data released on Friday.... Trade deficit is the difference between imports and exports of a country during a time period.... Click here to follow our WhatsApp channel During the April-November period of this financial year, exports contracted by 6.51 per cent to$ 278.8 billion....

NEW YORK: Oil prices fell by about 2% on Friday and posted weekly losses after US jobs data shrank

industries was made using the new base year of 2015-16.In May, the production of 16 sectors shrank and only

fallen into a recession after its economy shrank for two quarters in a row. The country's gross domestic