Latest China News

Japanese survivor of atomic bomb recalls its horrors in Nobel Peace Prize acceptance speech

Dec. 10, 2024 13:15 PM EST

OSLO, Norway (AP) — A 92-year-old Japanese man who lived through the American atomic bombing of Nagasaki described on Tuesday the agony he witnessed in 1945, including the charred corpses of his loved ones and the ruins of his city, as he accepted this year's Nobel Peace Prize on his...

US officials to investigate labor and human rights abuses in Nicaragua

Dec. 10, 2024 12:40 PM EST

WASHINGTON (AP) — The Biden administration is opening an investigation into labor and human rights abuses in Nicaragua, impacting relations with a country the U.S. has a free trade deal with amid growing concerns over President Daniel Ortega’s increasingly authoritarian rule. The...

Stock market today: Wall Street drifts as it waits for inflation data

Dec. 10, 2024 12:39 PM EST

NEW YORK (AP) — Wall Street is quiet on Tuesday, and U.S. stock indexes are drifting in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 rose 0.1% in afternoon trading, a day after pulling back from...

Book Review: Weike Wang’s 3rd novel 'Rental House' finds beauty and humor in a marriage of opposites

Dec. 10, 2024 09:14 AM EST

Vacation rental with the in-laws — for many, it’s a setup for disaster. In Weike Wang’s “Rental House,” it’s certainly that. It’s also an opportunity for Wang, a wildly gifted writer, to explore the upside and downside of education, marriage and family. Add to the mix an interracial...

Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption

Dec. 10, 2024 08:16 AM EST

BEIJING (AP) — A former chairman of the state-owned bank China Everbright Group was jailed 12 years for embezzlement and bribery, official broadcaster CCTV said Tuesday. Tang Shuangning, who had also held senior posts at the People’s Bank of China and the China Banking Regulatory...

Taiwan's Defense Ministry says a large Chinese military force has been detected near island

Dec. 10, 2024 06:04 AM EST

TAIPEI, Taiwan (AP) — China's secretive military appears to be up to something around Taiwan, but it's unclear whether it's a formal military drill. Taiwan's Defense Ministry said Tuesday that it has detected a dozen Chinese naval ships and 47 military planes in the past 24 hours...

Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Dec. 09, 2024 22:55 PM EST

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of...

Five years since its inception, a US development agency competes with China on global projects

Dec. 09, 2024 18:34 PM EST

WASHINGTON (AP) — When President Joe Biden visited Angola last week, one of the highlights was his pledge of hundreds of millions of dollars for an ambitious trans-Africa rail project that would bring copper and cobalt from central Africa to the Atlantic port of Lobito. The project...

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

Dec. 09, 2024 17:13 PM EST

NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped...

How major US stock indexes fared Monday, 12/9/2024

Dec. 09, 2024 16:23 PM EST

A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. ...