Asian stocks mostly up


Hong Kong—Asian markets mostly rose Wednesday but early gains were pared as dealers shrugged off news that China’s economy had stabilised in the third quarter. Figures showing 6.7 percent growth during July-September came as a relief following a years-long slowdown in China that has been a major drag on economies from Asia to the Americas.
While that figure is within the government’s target of 6.5-7.0 percent for the year, it compares to the 6.9 percent annual rate in 2015, the slowest pace in a quarter of a century. Analysts said there was little in the data to drive any big moves and Beijing would likely delay any fresh stimulus meas-ures.—AFP