(RTTNews) - Notwithstanding some encouraging economic readings received in May that suggested that the economy, though on a slowing mode, was not facing the threat of falling off a cliff, there were other data points that drove up recession fears.

Vietnam wants to consult the International Financial Company (IFC)’s about restructuring credit institutions, developing banking services and payment system and improving legal documents, said a senior official of the State Bank of Vietnam (SBV).

Small business economic confidence continues to slide, marked by another drop in the number of owners who say that economic conditions for their business are getting better. In April, 24 percent of owners said things were looking up, down from 45 percent

You have read and heard enough doom and gloom about our economy, so I searched around for a little good news in the business community to give you a little bit of hope, in case that Prozac isn't working.

WELLINGTON, Sept 15 (Reuters) - Activity in New Zealand's services sector contracted for the fifth straight month in August, reflecting an economy seen in recession, a survey showed on Monday.