Asia business sentiment improves in Q1, global worries persist


Worker check the steel reinforcement bars at a construction site in Manila on Jan 30, 2014. Business sentiment in Asia is up in Q1, according to the ThomsonReuters/INSEAD survey, with the Philippines being the most bullish - AFP Photo.

SEOUL: Business sentiment among Asia's top companies edged up in the first quarter, as solid improvement in the Philippines and South Korea outweighed weakness in China, India and Australia amid persistent concerns over the global economy, a ThomsonReuters/INSEAD survey showed.

The ThomsonReuters/INSEAD Asia Business Sentiment Index snapped two consecutive quarterly declines and rose to 64 in the first quarter of this year from 62 in the fourth quarter of 2013.

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Asia , business , sentiment , Q1 , 2014 , up

   

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