Tuesday, December 16, 2014

Asian business sentiment rebounds in fourth-quarter with India most optimistic

File photo of a building under construction amidst smog on a polluted day in Shenyang By Tommy Wilkes NEW DELHI (Reuters) - Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/INSEAD survey showed, helped by a stronger U.S. economy and a plunge in oil prices. The Thomson Reuters/INSEAD Asian Business Sentiment Index increased to 72 in the fourth quarter from 66 in the previous three months. The result was only slightly below the 74 reading of the second quarter which was the highest since early 2012. A reading above 50 indicates an overall positive outlook. ...








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