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Hong Kong economic growth misses forecast in third quarter: data
Hong Kong economic growth misses forecast in third quarter: data
by  AFP

Hong Kong's economic growth in the third quarter missed analyst estimates as private consumption weakened, according to government figures released Thursday. Private consumption decreased by 1.4 percent in the third quarter, which authorities attributed to "the change in residents' consumption patterns".

Bank of Japan warns of 'high uncertainties' after election
Bank of Japan warns of 'high uncertainties' after election
by  AFP

The Bank of Japan warned Thursday of "high uncertainties" following the ruling party's worst election result in 15 years, as it kept interest rates unchanged. The BoJ on Thursday kept its main short-term policy rate at 0.25 percent, as widely expected, warning of "high uncertainties surrounding Japan's economic activity and prices".

Samsung Q3 operating profits soar to $6.6 bn, miss forecast
Samsung Q3 operating profits soar to $6.6 bn, miss forecast
by  AFP

South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".

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