Asian companies under global recession

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Chief financial officers CFOs and group treasurers in Asia-Pacific from leading global companies have flagged the prospect of a global recession as the main risk for their business in the next six to 12 months, according to a JP Morgan survey.After nearly 10 years of steady expansion, the world economy faces growing concerns of a looming recession.While beginning in the United Statesthe Great Recession spread to Asia rapidly and has affected much of the region.The latest showing, though, means the index has not risen above the mids for a year and is one of the seven weakest readings since the global financial crisis.The economy dropped by 3.The escalating US-China tariff war, the slowing growth in countries like the US and Germany, the Chinese debt crisis and the controversial Brexit are only some of the many trends creating a fear that global economic recession might be just around the corner.

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Business decision-makers in Asia Pacific cite the prospect of a global recession and the impact of trade tariffs as the biggest risks for their companies in the next six to 12 months, according to a survey from J.

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Business decision-makers in Asia Pacific cite the prospect of a global recession and the impact of trade tariffs as the biggest risks for their companies in the next six to 12 months, according to a survey from J.Identity crisis rattles city's traditional role as China's middleman to world.Keep abreast of significant corporate, financial and political developments around the world.

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