The EU is the only major economic region to report higher levels of business confidence in the Young Presidents Organisation (YPO) Q3 survey, as Asia edged down slightly, with Asean experiencing marked decline, while the US remained largely stable.
YPO, the premier chief executive leadership organisation in the world, reported that economic confidence amongst business leaders in Asia fell during the third quarter of the year. The YPO Global Pulse Confidence Index for Asia slipped 2.9 points, from 62.9 to 60.0 over the last three months.