Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
geraldchsq

Asia Business Sentiment Falls In Fourth Quarter As Global Worries Weigh

Business Support for the Arts

Although China and India's bullish scores of 75 and 82 respectively supported the index, export-driven north Asian economies such as South Korea as well as regional trading hub Singapore also showed weaker readings, underscoring still-anaemic global business conditions. "The global economic recovery is still very fragile," Zhang Shiyuan, an economist at Shanghai-based Southwest Securities Co said. "There is a fundamental problem that there's still too much debt. It's a time bomb that may be detonated if monetary and fiscal policies don't coordinate well." The survey showed that the auto sector was the most negative with a reading of 33, a sharp drop from 63 in the previous quarter, followed by the food and resources sectors with fourth-quarter scores of 50. The index surveyed more than 100 of the Asia-Pacific region's top companies including Hyundai Heavy Industries (009540.KS), Fast Retailing (9983.T) and International Container Terminal Services Inc (ICTSI) (ICT.PS) in 11 economies, across sectors including property, financials and tech. The poll, conducted by ThomsonReuters in association with INSEAD, a global management and business school, was compiled between December 2-13.
For the original version including any supplementary images or video, visit http://uk.reuters.com/article/2013/12/18/uk-asia-companies-sentiment-idUKBRE9BH04620131218

A man talks on the phone as he surfs the internet on his laptop at a local coffee shop in downtown Shanghai November 28, 2013. REUTERS/Carlos Barria The snapshot is, in part, a response to the Wall Street Journal headline "Corporate Support for Dance Wanes," sparked by our first CDP report released in 2011 . It is also a response to more recent studies by the Business Committee for the Arts (BCA) and by the Committee Encouraging Corporate Philanthropy, which suggest the opposite; in fact, based on their sources, corporate giving may be up. Dance/NYC's new CDP findings reveal an uneven patchwork of growth and decline in more corporate giving to dance makers in the five boroughs at the core of our analysis. The amount received "in donations from corporations, including grants, funds and matching gifts" (source: CDP) grew 7.7 percent in the aggregate from 2009 to 2011. Corporate donations benefit dance makers of all budget sizes, and equal 5.1 percent of their total private contributions.
For the original version including any supplementary images or video, visit http://www.huffingtonpost.com/lane-harwell/business-support-for-the-_b_4455639.html

Don't be the product, buy the product!

Schweinderl