Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, according to a Thomson Reuters survey.
The Thomson Reuters/INSEAD Asia Business Sentiment Survey found that the sentiment index climbed six points to 71 in June, its highest level in five quarters and the third consecutive quarterly rise. A reading above 50 indicates a generally positive outlook.
Global economic uncertainty remains the biggest business risk across most countries and sectors, but 44% of the 91 companies that participated in the poll are now positive about their outlook, up from 30% in the previous quarter.
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