News Formal

Asian business confidence rebounds sharply though pandemic casts shadow: Poll

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BENGALURU (REUTERS) - Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/Insead survey showed on Wednesday (Sept 23).. Read more at straitstimes.com.

BENGALURU - Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/Insead survey showed on Wednesday .

About 14 per cent said a global recession was their biggest concern, while the rest flagged uncertainty over the upcoming US election in November and other risks. The United States has reported the greatest number of Covid-19 fatalities, while rising numbers in Europe are now threatening to shut down parts of the continent again.

China, where the coronavirus was first detected, has largely managed to contain its spread and South Korea and Japan have kept case numbers relatively low by global standards despite all three countries seeing a second wave of infections.India, for instance, has reported the second-highest number of cases globally.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian suppliers' stocks slump on Tesla's aggressive plan to make cheaper batteriesShares of Asian battery suppliers fell on Wednesday after Tesla Inc unveiled a plan to halve the cost of its electric vehicle batteries and bring ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian stocks set to gain after Wall Street's tech bounceAsian stocks were set to open higher on Wednesday after tech-fueled Wall Street gains although focus is shifting to renewed U.S.-Sino tensions, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian stocks fall on concerns about fresh lockdowns, banking sectorAsian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian stocks fall on concerns about fresh lockdowns, banking sectorAsian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »