Latest Hong Kong News

Disappointing 3M earnings weigh on Wall Street ahead of bell

Apr. 25, 2019 8:45 AM EDT

LONDON (AP) — Disappointing earnings from 3M, the maker of Post-it notes, industrial coatings and ceramics, is weighing on stocks ahead of Wall Street's open Thursday. The failure of two projected mergers in Europe dented market sentiment, too. St. Paul Minnesota-based 3M said it plans to cut 2,000 jobs...

Hand-carved mahjong tiles are a dying craft in Hong Kong

Apr. 25, 2019 4:00 AM EDT

HONG KONG (AP) — Just opposite the entrance to a neon-lit night market, one of Hong Kong's few remaining carvers of mahjong tiles engraves the two Chinese characters for the number 8,000 on a piece of acrylic. With a knife in his right hand, Cheung Shun-king turns the tile with the other to cut into it....

World stocks subdued as Wall Street eyes new record highs

Apr. 24, 2019 7:31 AM EDT

BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close. The FTSE 100 in Britain lost 0.3% to 7,502 while the CAC 40 in France was flat at 5,590. The DAX in Germany gained...

Hong Kong sentences leaders of 2014 democracy protests

Apr. 24, 2019 6:46 AM EDT

HONG KONG (AP) — A court in Hong Kong handed down prison sentences of up to 16 months Wednesday to eight leaders of massive 2014 pro-democracy protests on public nuisance offenses. The sentences are seen as an effort by the government of the semi-autonomous Chinese territory to draw a line under the...

The Latest: 8 Hong Kong protest organizers sentenced

Apr. 24, 2019 4:34 AM EDT

HONG KONG (AP) — The Latest on the sentencing of Hong Kong protest organizers (all times local): 11:40 a.m. A court in Hong Kong handed down prison sentences of up to 16 months to eight leaders of massive 2014 pro-democracy protests after they were convicted last month of public nuisance offenses. One...

Asian markets lower after S&P 500, Nasdaq hit record highs

Apr. 24, 2019 1:09 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index...

Hong Kong sentences protest leaders to up to 16 months in prison for roles in 2014 pro-democracy movement

Apr. 23, 2019 11:45 PM EDT
HONG KONG (AP) — Hong Kong sentences protest leaders to up to 16 months in prison for roles in 2014 pro-democracy movement.

Asian markets mixed in post-Easter trading

Apr. 21, 2019 11:56 PM EDT

BEIJING (AP) — Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data. Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard...

Global stocks subdued as investors eye earnings, data

Apr. 18, 2019 7:51 AM EDT

BEIJING (AP) — Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend. London's FTSE 100 fell 0.1% to 7,460 and Frankfurt's DAX rose 0.5% to 12,208. France's CAC 40 gained 0.3% to 5,576. A survey...

Asian stocks sink after Wall Street declines

Apr. 18, 2019 12:36 AM EDT

BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing growth in China's gross domestic product held steady in the...