Latest Beijing News
Vatican makes fresh overture to China, reaffirms that Catholic Church is no threat to sovereignty
ROME (AP) — The Vatican made another big overture to China on Tuesday, reaffirming the Catholic Church poses no threat to Beijing's sovereignty and admitting that Western missionaries had made “errors” in past centuries in their zeal to convert the Chinese faithful. The Vatican...
Taiwan's new President Lai in his inauguration speech urges China to stop its military intimidation
TAIPEI, Taiwan (AP) — Taiwan’s new president, Lai Ching-te, said in his inauguration speech Monday that he wants peace with China and urged it to stop its military threats and intimidation of the self-governed island that Beijing claims as its own territory. “I hope that China...
Sohu.com: Q1 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — Sohu.com Limited (SOHU) on Monday reported a loss of $25 million in its first quarter. On a per-share basis, the Beijing-based company said it had a loss of 76 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 65 cents...
Taiwan's new president inherits a strong foreign policy position but political gridlock at home
TAIPEI, Taiwan (AP) — In a campaign ad for Taiwan’s President-elect Lai Ching-te, incumbent President Tsai Ing-wen was shown driving with Lai in the passenger seat, exchanging reflections on their years governing together. Tsai later turned over the driving to Lai, who was joined by running...
Taiwan is selling more to the US than China in major shift away from Beijing
WASHINGTON (AP) — Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to take the democratically ruled island by force if necessary. That has translated to the world’s biggest...
Stock market today: Asian shares retreat after Wall St edges back from records
Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after...
AP Week in Pictures: Asia
May 10-16, 2024 Russian President Vladimir Putin met with Chinese President Xi Jinping in Beijing during his two-day state visit to one of his strongest allies and trading partners. Flash flooding and torrents of cold lava and mud flowing down a volcano’s slopes on Indonesia’s...
Hollysys Automation: Fiscal Q3 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — Hollysys Automation Technologies Ltd. (HOLI) on Thursday reported net income of $3.9 million in its fiscal third quarter. On a per-share basis, the Beijing-based company said it had profit of 6 cents. Earnings, adjusted for amortization costs, came...
Baidu Inc.: Q1 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — Baidu Inc. (BIDU) on Thursday reported first-quarter net income of $755 million. On a per-share basis, the Beijing-based company said it had profit of $2.07. Earnings, adjusted for stock option expense and non-recurring costs, were $2.76 per share. ...
China and Cambodia begin 15-day military exercises as questions grow about Beijing's influence
SVAY CHOK, Cambodia (AP) — Cambodia and China began 15-day military exercises on Thursday as questions grow about Beijing's increasing influence in the Southeast Asian nation. About 1,315 Cambodian military personnel and 760 Chinese are participating in the regular “Golden...
