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TOKYO: Business confidence among Asian companies rose in October-December to the highest in almost seven years due to robust consumption and global trade, a Thomson Reuters/INSEAD survey showed. The index for Malaysia weakened to 64 from 75 as respondents expressed concern about consumer sentiment. A reading above 50 indicates a positive outlook.
SINGAPORE: Facebook Inc co-founder Eduardo Saverin (pic) is participating in a US$40mil investment in Mswipe Technologies, his first foray into the India startup market.