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Asian firms' sentiment lifts but recession fears fester: poll

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Published Wed, Sep 18, 2019 · 09:50 PM

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    Singapore

    CONFIDENCE among companies in Asia lifted slightly in the September quarter from 10-year lows, but most firms do not plan on hiring or expect business to pick up as they see a risk of a global recession looming, a Thomson Reuters/Insead survey found.

    The Thomson Reuters/Insead Asian Business Sentiment Index tracking firms' six-month outlook rose five points to 58 in the survey.

    Recession

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