SINGAPORE (Sept 20): Business confidence among Asian companies fell for the first time in the July-September period as escalating geopolitical tensions outweighed an improved performance by most economies in the region.

The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook of 86 firms, slipped to 69 for the third quarter from 74 three months before. A reading above 50 indicates a positive outlook.

China, India and South Korea led the fall in sentiment in the third quarter, citing regional tensions and sluggish growth.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook