Business Digest, December 3, 2012

Hong Kong home sales continued to fall over the weekend, following the government's latest round of price-cooling measures. Data from Ricacorp Properties, which monitors transactions in 10 big housing estates, showed deal numbers dropped to 19 over the weekend, from 20 a week earlier. Average prices fell nearly 15 per cent to HK$11,056 per square foot from a week earlier. Sandy Li

Toyota Motor is still struggling to revive sales in China, part of a broader slump Japanese car firms are suffering as a result of a diplomatic row between the countries. Toyota sold about 60,000 cars on the mainland last month, a Toyota executive said, down from 81,800 cars it and its Chinese partners sold in November last year. Reuters