News Highlights: Top Economic Stories of the Day

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China Growth Holds Steady With Help From Stimulus -- 2nd Update

China's drifting economy steadied in the third quarter, clocking in 6.7% growth fueled by easy credit, a hot property market and other stimulus measures that economists say come at the expense of needed restructuring. (published 0525 GMT)

China Sets Investment Limits for Shenzhen-Hong Kong Markets Link

Philippines September Customs Collection Up 4% at PHP33.95 Billion

The Philippine Bureau of Customs said Wednesday that preliminary data showed September revenue collection rose 4% from a year earlier to 33.95 billion pesos . (published 0538 GMT)

Thailand's Vehicle Industry Continues Slow Recovery in September

Thailand's vehicle industry continued its slow recovery in September although exports are yet to pick up, according to the Federation of Thai Industries. (published 0511 GMT)

Thailand's Industrial Sentiment Index Sees First Rise in Four Months in September

Thailand's industrial sentiment improved for the first time in four months in September as more purchase orders were recorded in various sectors, the Federation of Thai Industries said Wednesday. (published 0433 GMT)

Egypt Could Obtain IMF Loan Approval by Next Month - IMF Official

Egypt has secured almost $6 billion in aid from a group of countries, clearing a major hurdle to clinch a $12 billion loan deal from the International Monetary Fund by next month, an official at the fund said. (published 0527 GMT)

Philippine Central Bank Raises 28-Day Term Deposit Size to PHP120 Bln

The Philippine central bank said Wednesday it will raise the volume of 28-day term deposits it will auction starting Nov. 2 by 20 billion pesos, to 120 billion pesos. (published 0402 GMT)

China Fiscal Spending Picks Up, Revenue Recovers in September

China's fiscal spending continued to accelerate in September, while revenue growth recovered modestly, official data showed Wednesday. (published 0217 GMT)

Huai'an Traffic Holding Raises US$300 Million via USD-Denominated Bond Sale -- Term Sheet

Huai'an Traffic Holding Co., a state-owned company wholly owned by the Huai'an municipal government in China'sJiangsu province, raised US$300 million via a U.S. dollar-denominated bond offering for general corporate purposes, according to a term sheet seen Wednesday by The Wall Street Journal. (published 0020 GMT)

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