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Africa's largest economy, South Africa, has officially entered a recession, their first since apartheid ended. With an economy heavily...

The Russian economy recorded a 10.5 percent contraction in April, compared with the same month last year, reported Russian Deputy...

Australian surfwear brand Billabong has suffered a 15 percent writedown in their yearly financial forecast due...

A spokesperson for the International Monetary Fund (IMF) has named the swine...

The global recession has affected both the Australian and Canadian economies, but the previous highs of our respective terms of trade...

Global tourism has dropped across the board by two percent, according to figures released at the World Travel and Tourism Council...

A spokesperson for the Japanese Bankers Association says Japan's recession will 'bottom out' around September this year, before economic...

The predicted unemployment rate could have been up to 10 percent without the Federal Government's two stimulus measures announced Prime...

A decade of progress in Africa has been lost in the current global recession, says Antoinette Batumubwira, communications chief for the...

With unemployment dropping, and the Aussie dollar climbing, Australians are becoming more optimistic about the future, with a recent...