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People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Asian markets gain as China closes down for Lunar New Year

Jan. 24, 2020 12:08 AM EST

BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...

Exxon Mobil, Bank of America fall; PG&E, Teradyne rise

Jan. 23, 2020 8:02 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: V.F. Corp., down $9.16 to $85.41 The maker of Vans and Timberland shoes cut its profit forecast for its fiscal year after reporting disappointing third-quarter revenue. Teradyne Inc., up $2.62 to $76.21 The semiconductor-testing...

A woman walks a depiction of a Rat with the words

China-US trade deal a blip in seismic shifts of Asian trade

Jan. 16, 2020 6:55 AM EST

BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased exports...

FILE - In this Oct. 31, 2019, file photo, the logo of the Samsung Electronics Co. is seen at its office in Seoul, South Korea. Samsung Electronics Co. said Wednesday, Jan. 8, 2020, its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. (AP Photo/Ahn Young-joon, File)

Samsung predicts smaller-than-expected drop in profit

Jan. 7, 2020 8:49 PM EST

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. The South...

Pier 1, Chevron fall; Beyond Meat, Microchip Technology rise

Jan. 7, 2020 4:24 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Pier 1 Imports Inc., down 44 cents at $4.73. The home decor company said it would close nearly half its stores as it struggles to draw consumers and compete online. Beyond Meat Inc., up $9.30 at $83.89. Rival Impossible Foods...

A worker helps set up a booth before CES International, Saturday, Jan. 4, 2020, in Las Vegas. (AP Photo/John Locher)

CES gadget show: How watching TV will change in the 2020s

Jan. 5, 2020 7:33 PM EST

NEW YORK (AP) — What will watching TV be like in the 2020s? Amid new gadgets and glitz, the CES tech show in Las Vegas aims to offer some answers, many of which boil down to more streaming and more efforts to glue you to your phone. The show's keynote addresses, once dominated by computer and chip...

South Korean President Moon Jae-in, left, shakes hands wth Japanese Prime Minister Shinzo Abe during a meeting in Chengdu, China, Tuesday, Dec. 24, 2019. (Lee Jin-wook/Yonhap via AP)

China, Japan, South Korea meet on North Korea, free trade

Dec. 24, 2019 3:18 AM EST

CHENGDU, China (AP) — Leaders from China, Japan and South Korea reiterated their commitment to ending North Korea's nuclear and missile programs at a trilateral summit Tuesday that comes against the backdrop of increasing demands by Pyongyang for sanctions relief. Free trade and economic cooperation were...

FILE- In this May 9, 2018, file photo, Chinese Premier Li Keqiang, left, Japanese Prime Minister Shinzo Abe, center, and South Korean President Moon Jae-in, right, pose for photographers prior to their summit in Tokyo. The leaders of China, Japan and South Korea are holding a trilateral summit in China this week amid feuds over trade, military maneuverings and historical animosities. Most striking has been a complex dispute between Seoul and Tokyo, while Beijing has recently sought to tone down its disagreements with its two neighbors.(AP Photo/Eugene Hoshiko, File)

China, South Korea, Japan meet over trade, regional disputes

Dec. 22, 2019 9:41 PM EST

BEIJING (AP) — The leaders of China, Japan and South Korea are holding a trilateral summit in China this week amid feuds over trade, military maneuverings and historical animosities. Most striking has been a complex dispute between Seoul and Tokyo, while Beijing has recently sought to tone down its...

FILE - In this Dec. 16, 2019, photo, Lee Ho-hyeon, left, director-general for International Trade Policy at South Korea's Trade, Industry and Energy Ministry, is shown the way by Yoichi Iida, director-general of Japan's Trade Control Department before a director-general level meeting at the trade ministry in Tokyo. Japan's trade ministry said Friday, Dec. 20, 2019, that it has eased controls on exports to South Korea of one of three chemicals used in semiconductors that it had restricted, a sign of a thaw between the two countries just days before their leaders meet in China. (Kyodo News via AP, File)

Japan eases export controls against SKorea ahead of summit

Dec. 20, 2019 11:32 AM EST

TOKYO (AP) — Japan's trade ministry said Friday that it has eased controls on exports to South Korea of one of three chemicals used in semiconductors that it had restricted, a sign of a thaw between the two countries just days before their leaders meet in China. The Ministry of Economy, Trade and Industry...

FILE - FILE - In this Feb. 2, 2019, file photo, Chairman of Hon Hai Precision Industry Co. Ltd., also known as Foxconn, Terry Gou delivers a speech during the company's annual carnival for employees in Taipei, Taiwan. A new audit says Wisconsin's economic development agency needs to modify procedures to ensure tax credits aren't awarded for Foxconn Technology Group employees who don't do work in the state. The nonpartisan Legislative Audit Bureau released its findings Tuesday, Dec. 17, 2019, and it's the second year that the audit has identified this problem. (AP Photo/Chiang Ying-ying, File)

Audit faults plans to credit Foxconn for work outside state

Dec. 17, 2019 4:54 PM EST

MADISON, Wis. (AP) — Wisconsin's economic development agency needs to modify its procedures to ensure that tax credits aren't awarded for Foxconn Technology Group employees who don't perform work in the state, which would violate state law and the contract with the company, an audit released Tuesday said....