Latest East Asia News

Stocks rise after Trump says he'll meet with Xi next week

Jun. 18, 2019 1:07 PM EDT

NEW YORK (AP) — Stocks rose sharply on Wall Street Tuesday as traders cheered news that the leaders of the U.S. and China will meet face-to-face next week to discuss their long-running trade dispute. President Donald Trump said he will hold talks with Chinese President Xi Jinping at an international summit...

Trump says he'll talk trade with Xi next week in Japan

Jun. 18, 2019 1:04 PM EDT

WASHINGTON (AP) — President Donald Trump said he'll hold trade talks with Chinese President Xi Jinping next week while he's at a summit of nations in Japan. And U.S. and Chinese negotiators will resume talks before the leaders meet. In an escalating trade dispute with Beijing, Trump has already imposed 25%...

European Central Bank hints at stimulus _ drawing Trump ire

Jun. 18, 2019 12:40 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that the ECB...

Strong quake jolts northwest Japan; no major damage reported

Jun. 18, 2019 12:36 PM EDT

TOKYO (AP) — A powerful earthquake jolted northwestern Japan late Tuesday, prompting officials to issue a tsunami warning along the coast which was lifted about 2 ½ hours later. Thousands of families lost electrical power and bullet train services were suspended, but there were no reports of serious...

The Latest: White House steps up Iran outreach to Congress

Jun. 18, 2019 12:21 PM EDT

WASHINGTON (AP) — The Latest on developments as the U.S. and Iran edge toward a flashpoint amid escalation in the Persian Gulf region (all times local): 12:20 p.m. The White House is stepping up its outreach to Congress as tensions escalate in the Middle East. Lawmakers will receive a series of classified...

3 things to watch for from the Federal Reserve on Wednesday

Jun. 18, 2019 12:10 PM EDT

WASHINGTON (AP) — The Federal Reserve is likely — if not certain — to leave interest rates alone when its latest policy meeting ends Wednesday. But expectations are high that the Fed and its chairman, Jerome Powell, will signal that a rate cut may come soon for the first time in more than a...

Markets Right Now: Stocks rise on hopes for trade progress

Jun. 18, 2019 12:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stock prices are sharply higher on Wall Street following news that the leaders of the U.S. and China will meet face-to-face next week to discuss their long-running trade dispute. Technology and industrial...

Hong Kong opposition movement largely without leaders

Jun. 18, 2019 11:19 AM EDT

HONG KONG (AP) — The largely youth-driven movement of black-clad protesters challenging Hong Kong's government over an unpopular extradition bill is a coalition operating without a clear leadership structure. And that adds to its appeal for supporters disaffected from the moneyed elites who run the former...

Magnitude 6.8 earthquake hits off northwestern Japan, tsunami warning issued

Jun. 18, 2019 9:35 AM EDT
TOKYO (AP) — Magnitude 6.8 earthquake hits off northwestern Japan, tsunami warning issued.

Hong Kong protesters slam leader's apology, demand she quit

Jun. 18, 2019 9:19 AM EDT

HONG KONG (AP) — Hong Kong pro-democracy lawmakers and activists rejected a new apology Tuesday by the city's leader over a highly unpopular extradition bill, demanding that she quit and that the legislation be scrapped completely. Lam's plea for "another chance" drew a chorus of criticism, though members...