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Friday, October 30, 2020
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Asian shares fall back after Wall Street rebound

BEIJING (AP) — Asian stocks sank Friday as investors looked ahead to next week's U.S. presidential election and weighed the chances of economic stimulus...

Asian shares fall back after Wall Street rebound

BEIJING (AP) — Asian stocks sank Friday as investors looked ahead to next week's U.S. presidential election and weighed the chances of economic stimulus...

AP sources: Morey in advanced talks to lead 76ers

PHILADELPHIA (AP) — The Philadelphia 76ers are in advanced negotiations with former Houston Rockets general manager Daryl Morey to become president of basketball operations...

Here’s why Ant Group is about to shatter IPO records

HONG KONG (AP) — Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of...

Asian shares slip after Wall St’s worst day in a month

Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in...

Chinese fintech could shatter records with $35B share offer

HONG KONG (AP) — The world’s largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering...

Asian shares little changed on uncertainty over US election

TOKYO (AP) — Asian shares were little changed in muted trading Monday amid widespread uncertainty over what the U.S. presidential election will portend for...

Asian shares, US futures gain after last Trump-Biden debate

Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their...

China hopes for change if Biden wins, but little likely

BEIJING (AP) — Chinese leaders hope Washington will tone down conflicts over trade, technology and security if Joe Biden wins the Nov. 3 presidential...

Hong Kong summons German consul in friction over asylum case

BERLIN (AP) — Germany's consul general to Hong Kong was brought in for talks, following reports Berlin had granted asylum to a student who...

Asian stocks follow Wall Street lower on lack of US aid plan

BEIJING (AP) — Asian stocks followed Wall Street lower on Thursday as investors watched Washington for signs of whether political leaders can agree on...

US approves $1 billion in new arms sales to Taiwan

WASHINGTON (AP) — The Trump administration has approved the sale of more than a billion dollars worth of advanced weaponry for Taiwan in a...

Cathay Pacific cuts 8,500 jobs, shutters regional airline

HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it...

Asian shares rise after Wall Street gains on solid earnings

TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports...

Canada-China spat heats up over ambassador’s alleged threat

TORONTO (AP) — The diplomatic spat between Canada and China grew more heated on Monday as Beijing denounced press criticism of its ambassador to...

China defends Confucius Institutes now under fire from US

BEIJING (AP) — Following scathing political attacks from the Trump administration, China on Friday defended its Confucius Institutes as apolitical facilitators of cultural and...

General manager Daryl Morey leaving Rockets on Nov. 1

HOUSTON (AP) — Houston Rockets general manager Daryl Morey is stepping down on his own accord, a little over a year after sparking a...

Shares of Chinese retailer Miniso rise in Wall Street debut

HONG KONG (AP) — Shares of Miniso Group Holding finished higher Thursday in their first day of trading on Wall Street but ended well...

Asia Today: SKorea reports 110 cases, half in Busan hospital

SEOUL, South Korea (AP) — South Korea has reported 110 new cases of the coronavirus, half of them linked to a hospital in Busan....

Hong Kong police raids outspoken media tycoon’s office

HONG KONG (AP) — Hong Kong police raided the private offices of media tycoon and pro-democracy activist Jimmy Lai on Thursday, according to Lai’s...

China threatens response to new US sanctions over Hong Kong

BEIJING (AP) — China on Thursday said new U.S. sanctions on officials responsible for Hong Kong security are an attempt to undermine the city’s...

Asian stocks follow Wall St lower as stimulus hopes fade

Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential...

China’s Xi promises changes to promote tech center Shenzhen

BEIJING (AP) — President Xi Jinping on Wednesday promised new steps to promote development of China's biggest tech center, Shenzhen, amid a feud with...

Korean boy band BTS faces uproar in China over war comments

SEOUL (AP) — Chinese nationalists erupted in anger at South Korean boy band BTS after its leader thanked Korean War veterans for their sacrifices. ...

Asia Today: China city says it’s tested 3 million for virus

BEIJING (AP) — Authorities in the eastern Chinese port city of Qingdao said Tuesday that they have completed coronavirus tests on more than 3...

Asian shares lower after tech-driven rally on Wall Street

Shares were mostly lower in Asia on Tuesday as investors awaited the release of Chinese trade data. ...

US sees ‘malign influence’ in China-backed school program

The Trump administration on Friday encouraged U.S. schools and colleges to rethink their ties to the Confucius Institute, a program that brings Chinese language...

China Golden Week holiday pumps up tourism, boon to economy

HONG KONG (AP) — Some 637 million residents of China traveled inside their country during the recent eight-day Golden Week holiday, spending tens of...

Asian stocks follow Wall Street higher on stimulus hopes

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. ...

Asia Today: Sri Lanka expands curfew, closes gov’t offices

COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka have closed key government offices and further expanded a curfew in an attempt to contain...

700-year-old Chinese scroll sells for $41.8M in Hong Kong

HONG KONG (AP) — A 700-year-old Chinese painted scroll from the Yuan Dynasty fetched 306.6 million Hong Kong dollars ($41.8 million) at a Sotheby’s...

Stolen Mao calligraphy worth millions found cut in half

HONG KONG (AP) — A calligraphy scroll by former Chinese leader Mao Zedong estimated to be worth millions of dollars was cut in half...

World shares mixed after Trump calls halt to stimulus talks

World shares were mostly lower on Wednesday after U.S. President Donald Trump ordered a stop to talks on another round of aid for the...

Asian shares mixed after Trump calls off stimulus talks

Stocks were mixed in Asia on Wednesday despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on...

Nearly 40 nations criticize China’s human rights policies

UNITED NATIONS (AP) — Nearly 40 mainly Western countries criticized China’s treatment of minority groups, especially in Xinjiang and Tibet, on Tuesday and expressed...

US, Australia, India, Japan discuss China’s growing power

TOKYO (AP) — U.S. Secretary of State Mike Pompeo said Tuesday that China's increasingly assertive actions across the region make it more critical than...

Asian shares gain on stimulus hopes, Trump leaving hospital

Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of...

Virus has Chinese tourists heading for domestic destinations

HONG KONG (AP) — Millions of Chinese tourists usually spend their weeklong National Day holidays traveling abroad. ...

Asia shares mixed in thin holiday trading after Wall St gain

Asian shares were mixed Friday in thin holiday trading, with markets in South Korea, Shanghai and Hong Kong closed. ...

Hong Kong police arrest 86 for protesting on China holiday

HONG KONG (AP) — Hong Kong police arrested at least 86 people on suspicion of unauthorized assembly on China’s National Day holiday after crowds...

Markets mixed after Trump-Biden debate; data lifts China

Stocks were mixed in Asia on Wednesday while upbeat manufacturing data lifted shares in China as investors studied the outcome of the debate between...

Prosecutor: Huawei defense turning US extradition into trial

VANCOUVER, British Columbia (AP) — A Canadian prosecutor says by requesting the inclusion of additional evidence the defense team for a Chinese executive wanted...

Lawyer for Huawei CFO says US evidence misleading

VANCOUVER, British Columbia (AP) — Lawyers for a senior executive for Chinese technology giant Huawei Technologies argued in a Canadian courtroom Monday that U.S....

Asia Today: India’s daily new virus cases on declining trend

NEW DELHI (AP) — India reported another 86,052 coronavirus cases in the past 24 hours, a declining trend with recoveries exceeding new cases this...

Hong Kong activist Wong arrested over unauthorized assembly

HONG KONG (AP) — Hong Kong pro-democracy activist Joshua Wong said he was arrested again Thursday for allegedly participating in an unauthorized assembly last...

Asian shares take breather after Wall Street gains

Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. ...

Asian shares track Wall Street retreat on pandemic pains

Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. ...

Asian markets lower after Wall St declines for third week

BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in...

China announces regulations for ‘unreliable entity’ list

HONG KONG (AP) — China’s Ministry of Commerce on Saturday issued regulations for its “unreliable entity” list, aimed at foreign companies it says endanger...

China flies 18 warplanes near Taiwan during US envoy’s visit

TAIPEI, Taiwan (AP) — China’s military sent 18 planes including fighter jets over the Taiwan Strait in an unusually large show of force Friday...

Chinese viewers pan Disney’s new ‘Mulan’ as inauthentic

SEOUL, South Korea (AP) — The remake of “Mulan” struck all the right chords to be a hit in the key Chinese market. Disney...

Asian stocks retreat on lack of new Fed action

Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023...

Asian shares mostly higher after Wall Street gains

Shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight. ...

US issues sweeping new travel warning for China, Hong Kong

BEIJING (AP) — The U.S. on Tuesday issued a sweeping new advisory warning against travel to mainland China and Hong Kong, citing the risk...

Asia Today: India adds over 83,000 cases, nears 5 million

NEW DELHI (AP) — India confirmed more than 83,000 new coronavirus cases on Tuesday, bringing its total caseload to nearly 5 million. ...

Asian markets mixed after Wall Street rises on dealmaking

Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. ...

China confirms it detained 12 Hong Kongers at sea last month

HONG KONG (AP) — Chinese authorities have confirmed the criminal detention of 12 Hong Kongers who were allegedly attempting to travel illegally to Taiwan...

Q&A: What does a deal between TikTok and Oracle mean?

HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American...

UN rights chief decries racism in US, keeps eye on Hong Kong

GENEVA (AP) — The U.N. human rights chief appealed Monday for “urgent and profound action to combat systemic racism” in the United States, and...

Merkel leads EU talks with China looking to ease tensions

BRUSSELS (AP) — German Chancellor Angela Merkel, top European Union officials, and Chinese President Xi Jinping are holding talks Monday focused on trade, giving...

China announces new restrictions on US diplomats’ activities

BEIJING (AP) — China has announced new restrictions on the activities of U.S. diplomats working in mainland China and Hong Kong, in what it...

China becoming battleground for plant-based meat makers

HONG KONG (AP) — China has become a battleground for plant-based meat companies looking to tap into the world’s largest market for meat-consumption. ...

US sanctions on Huawei hit chip supply and growth, exec says

HONG KONG (AP) — A Huawei executive says that recent U.S. sanctions against the company have caused a shortage of computer chips for the...

Disney criticized for filming ‘Mulan’ in China’s Xinjiang

SEOUL, South Korea (AP) — Disney is under fire for filming part of its live-action reboot “Mulan” in Xinjiang, the region in China where...

Human rights groups ask IOC to move Olympics from China

TOKYO (AP) — China's repression in Tibet, the status of the exiled Dalai Lama and its treatment of ethnic minorities spurred violent protests ahead...

Ann Hui wins lifetime achievement award at Venice festival

VENICE, Italy (AP) — Hong Kong director Ann Hui paid tribute to her home city as she received a lifetime achievement award from the...

Over 300 groups urge more scrutiny of China on human rights

GENEVA (AP) — More than 300 civil society groups including Human Rights Watch, Amnesty International and the International Service for Human Rights are urging...

Tech chills spill into Asia, as shares sink across region

Asian shares declined on Wednesday after a sell-off of big technology stocks on Wall Street pulled U.S. benchmarks lower. Crude oil prices and Treasury...

Asia Today: India reports record 1,133 new virus deaths

NEW DELHI (AP) — India on Tuesday reported 1,133 deaths from the coronavirus in the last 24 hours, its highest single-day total. ...

China launches initiative for global data security issues

HONG KONG (AP) — China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that...

Asian markets mixed after Wall Street slides

BEIJING (AP) — Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months. ...

Hong Kong police arrest 289 at protests over election delay

HONG KONG (AP) — About 290 people were arrested Sunday at protests against the government’s decision to postpone elections for Hong Kong’s legislature, police...

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