Asian business sentiment near 3-year low as trade war drags

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."

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Asian stocks higher on Brexit reprieve but trade concerns limit gainsAsian stocks made modest gains on Friday, tracking improved global sentiment after UK lawmakers voted to delay Brexit and as a weaker yen ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »

Singapore hailed as most attractive Asian market to do business: surveySingapore hailed as most attractive Asian market to do business: survey | Singapore Business Review
แหล่ง: SBRMagazine - 🏆 13. / 51 อ่านเพิ่มเติม »