China
China cloaks weakest growth since 2009
The world's second largest economy witnessed its lowest growth rate in the last two decades. China's gross domestic product (GDP) growth rate dipped below seven percent during the third quarter for the first time after the financial crisis. A record of 6.9 percent, below the Chinese government's target of seven percent and slightly better than the forecasted 6.8 percent. This is translating into more pressure on the Chinese government to lower interest rates and some measures to strengthen the growth rate.
Huawei to invest $1bn in ICT; keen on graphene applications
Chinese mobile maker Huawei Technologies Co Ltd has decided to invest $1billion on information and communication technology (ICT) development over the next five years. Huawei will work closely with Britain in the development of technology applications in the telecommunications segment.
Apple disabled News app in China
Many iPhone users are surprised when they could not access Apple News app in mainland China when they were able to use it in many places around the world. Granted that the said app is being tested in the United Kingdom and Australia, still the app is prevented by Chinese censorship from being activated.
Asia stocks follow US shares amid China rout
Asian stocks continued to slide for the second session following the renewed concerns over the moderating inflation and slump in factory output in the China's economy.