News Snapshot:
Chinese game and social media giant Tencent said Wednesday that it recorded the slowest quarterly profit growth in two years and was hit by game crackdowns, leaving the outlook for the advertising sector weak next year. The company said in a statement that its net profit for the three months to September was up 3% to 39.5 billion yuan (about 45,962 rupees).This exceeded the expectations of analysts who had predicted a decline, according to the report. [Refinitiv](//gadgets.ndtv.com/tags/refinitiv) data. Revenues increased 13% to RMB142.4 billion, slightly below expectations, the slowest quarterly growth since the company went public in 2004, according to...
