Hong Kong's economic growth
slowed further in the third quarter and is expected to face
additional headwinds amid trade tensions between Beijing and
Washington and higher interest rates, posing broader risks to
growth in the Asian financial hub next year.
Hong Kong's economy grew 2.9
percent in the third quarter from a year earlier, the government
said on Friday, boosted by steady consumer spending, but the
outlook for the city is overshadowed by trade tensions between
Washington and Beijing.
Foreigners were net buyers of Japanese
stocks for the first time in five weeks in the week ended Nov.
9, as equity values rose thanks to a rally in Wall Street after
the U.S. midterm elections produced no major surprises.
Kenya's central bank has upheld
the fines it imposed in September against five top commercial
lenders for a failure to report suspicious transactions in
connection with the theft of funds at a state agency, it said on