Latest Hong Kong News

Hong Kong activists appeal to US lawmakers to help movement

Sep. 17, 2019 4:19 PM EDT

WASHINGTON (AP) — Activists involved in the pro-democracy protests in Hong Kong appealed to U.S. lawmakers Tuesday to support their fight by banning the export of American police equipment that is used against demonstrators and by more closely monitoring Chinese efforts to undermine civil liberties in the...

World's top brewer revives listing plans, halves IPO size

Sep. 17, 2019 8:03 AM EDT

HONG KONG (AP) — AB InBev, the world's largest brewer that produces Budweiser and Corona, on Tuesday revived plans to list its Asian business in Hong Kong but halved the size of its initial public offering to $4.8 billion. The move comes two months after it temporarily shelved plans to raise $9.8 billion...

Stocks mixed, oil down as markets await news on Saudi plant

Sep. 17, 2019 8:01 AM EDT

BANGKOK (AP) — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its...

Hong Kong leader: PR firms decline to restore city's image

Sep. 17, 2019 7:28 AM EDT

HONG KONG (AP) — Hong Kong leader Carrie Lam said Tuesday that international public relations firms have turned down the government's requests to help restore the city's reputation after months of pro-democracy protests. The firms responded that "the time is not right" as the violence and unrest in the...

Asian shares weaker after spike in crude oil rattles market

Sep. 17, 2019 12:48 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia's biggest oil processing plant caused crude prices to soar, prompting selling of airlines and other fuel-dependent industries. The U.S. and international benchmarks for crude fell back slightly after vaulting more...

In leaderless Hong Kong movement, Joshua Wong just 1 voice

Sep. 16, 2019 11:03 PM EDT

HONG KONG (AP) — Overseas, Joshua Wong has emerged as a prominent face of Hong Kong's months-long protests for full democracy. At home, he is just another protester. The 22-year-old activist, who rose to fame as a leader of democracy protests five years ago, speaks to a U.S. congressional committee on...

Oil prices jump as attack on Saudi plant jolts supply

Sep. 16, 2019 7:35 PM EDT

Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated for the...

Global stocks slip as oil prices surge

Sep. 16, 2019 7:24 AM EDT

BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai's index was unchanged, and...

Hospital staff rally for protest campaign after new violence

Sep. 16, 2019 7:17 AM EDT

HONG KONG (AP) — Hundreds of medical staff at one of Hong Kong's main public hospitals rallied Monday to support months of protests for democratic reforms and denounce police use of force, after new violence over the weekend rocked the semi-autonomous Chinese territory. Staff at the Prince of Wales...

Asian markets mixed as oil prices surge

Sep. 16, 2019 12:17 AM EDT

BEIJING (AP) — Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Hong Kong's benchmark tumbled 1.1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese markets were closed for a holiday. The...