Latest Hong Kong News
Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update
HONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report Tuesday showed that prices remain stubbornly high at the wholesale level in the United States, before many price changes are...
YouTube blocks Hong Kong protest anthem after court injunction bans song in the city
HONG KONG (AP) — YouTube has blocked access to videos of a protest song in Hong Kong, days after court approved an injunction banning the song in the city. “Glory to Hong Kong” was an anthem of anti-government protests in 2019. YouTube said that it would comply with a removal...
Hong Kong calls for respect of its overseas-based trade offices after UK charged its London staffer
HONG KONG (AP) — Hong Kong's leader on Tuesday urged foreign governments to respect its overseas-based trade offices after a staff member in its London branch was charged in Britain for allegedly working for the Chinese city's intelligence service. Chief Executive John Lee said his...
Alibaba: Fiscal Q4 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — Alibaba Group Holding Ltd. (BABA) on Tuesday reported fiscal fourth-quarter net income of $453 million. On a per-share basis, the Hong Kong-based company said it had net income of 18 cents. Earnings, adjusted for one-time gains and costs, were...
3 men charged in the UK with assisting the Hong Kong intelligence service
LONDON (AP) — The office manager of the Hong Kong Economic and Trade Office in London and two other men appeared in court Monday on charges that they helped Hong Kong's intelligence service gather information in Britain, amid growing concern hostile states are trying to interfere with democracy...
Protest song 'Glory to Hong Kong' now banned in city after appeals court overturns ruling
HONG KONG (AP) — An appeals court on Wednesday granted the Hong Kong government's request to ban a popular protest song, overturning an earlier ruling and deepening concerns over the erosion of freedoms in the once-freewheeling global financial hub. “Glory to Hong Kong” was...
Nicaragua cancels a controversial Chinese interoceanic canal concession after nearly a decade
MANAGUA, Nicaragua (AP) — After nearly a decade, Nicaragua's congress finally canceled on Wednesday a controversial canal concession granted to a Chinese businessman that critics said endangered the environment and threatened to displace rural communities. Despite a symbolic...
How TikTok grew from a fun app for teens into a potential national security threat
SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017, when the Chinese social...
Silicon Motion: Q1 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — Silicon Motion Technology Corp. (SIMO) on Thursday reported first-quarter net income of $16 million. The Hong Kong-based company said it had net income of 48 cents per share. Earnings, adjusted for stock option expense and non-recurring costs,...
Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
HONG KONG (AP) — Asian markets wobbled in early Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices were higher. Tokyo’s Nikkei 225 index opened with a decline,...
