Thu, Mar 21, 2019 - 5:50 AM
A reading above 50 means optimistic respondents outnumbered pessimists, but the latest index still marks one of the five worst since the world started its recovery from the 2008-2009 global financial crisis."Things have not gotten worse but a lot of uncertainty is putting companies in wait-and-see mode," Antonio Fatas, a Singapore-based economics professor at global business school INSEAD, said of US-China talks on trade relations.
Global agencies including the International Monetary Fund and the Organisation for Economic Cooperation and Development have said failure to resolve trade tension could further slow a downward-trending global economy. "We don't see a global hard landing as a likely scenario when we look at economic factors such as inflation and credit conditions," said Young Sun Kwon, economist at Nomura in Hong Kong."But there are big uncertainties in politics."
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: SBRMagazine - 🏆 13. / 51 Read more »