Asia's biggest companies had been on a roll building, digging, selling goods to eager consumers. But the recent economic malaise in India and sharp drops in regional currencies have spooked business executives. The latest Thomson Reuters/INSEAD Asia Corporate Sentiment Index posted a drop after a strong turn up in the previous quarter. And looking ahead out of 90 companies surveyed across the region, only 32 percent reported a positive outlook. Antonio Fatas of INSEAD:moreless
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