By Daniel Hunter

An upward revision to the US economy's growth for the third quarter has failed to boost Asian markets.

The US economy grew at an annualised rate of 3.9% from July to September, up from the previous estimate of 3.5%. However, this news failed to have any real impact on the markets, despite it representing the US having seen its strongest two consecutive quarters of growth in a decade.

On Wednesday Japan's Nikkei down 0.1% at 17,383.58, whilst the dollar weakened to 117.76 yen from 117.97 yen in New York trade.

Hong Kong shares were higher 0.2% with the benchmark Hang Seng index at 23,890, while the Shanghai Composite rose 0.6% to 2,582.34.

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