Morning business news round-up for Oct 21, 2014

SINGAPORE - Catch up on the morning's top business headlines in Singapore with The Straits Times Money Desk's daily update.

1. China's latest GDP figures better-than-expected. China's economy grew 7.3 per cent in the third quarter from a year earlier, a near six-year low for the world's second-largest economy but higher than the 7.2 per cent expected by analysts.

2. Wilmar gets nod for Goodman Felder bid. Mainboard-listed Wilmar International said it has received approval from Australia's Foreign Investment Review Board for its A$1.34 billion (S$1.49 billion) joint bid with Hong Kong's First Pacific for food manufacturer Goodman Fielder.

3. Triyards buys aluminium ship-building company. Mainboard-listed Triyards Holdings said it has added new capabilities, products and clients with its A$23.3 million (S$25.97 million) acquisition of two shipbuilding and fabrication companies.