Latest East Asia News
S Korea test launches 1st domestically made space rocket
SEOUL, South Korea (AP) — South Korea’s first domestically produced space rocket reached its desired altitude but failed to deliver a dummy payload into orbit in its first test launch on Thursday. South Korean President Moon Jae-in, who observed the launch on-site,...
S Korean military to appeal ruling on transgender soldier
SEOUL, South Korea (AP) — South Korea’s military said Thursday it will appeal a landmark court ruling that struck down its decision to discharge the country’s first known transgender soldier before she was found dead earlier this year. A district court ruled this...
Australia, UK defend AUKUS pact, say fears overhyped
KUALA LUMPUR, Malaysia (AP) — Australia and Britain on Thursday defended their nuclear submarine deal with the U.S. amid concerns it could escalate tensions in the region and spark an arms race. U.K. Minister for Armed Forces James Heappey said there “has been a lot...
Global shares decline after Evergrande sale deal called off
TOKYO (AP) — Global shares were mostly lower Thursday, after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through. France's CAC 40 shed 0.4% in early trading to 6,679.78, while Germany's DAX...
China boots Caixin financial news from approved media list
BEIJING (AP) — China’s leading financial magazine has been dropped from an official list of outlets websites can republish, reducing the exposure of a rare independent voice as the authorities tightens control over the media. Caixin Media is privately funded, unlike...
At least 3 dead in apparent gas explosion in north China
BEIJING (AP) — An apparent gas explosion gutted part of a high rise in northern China on Thursday morning, killing at least three people and injuring 30. It occurred at a hotel in Shenyang, a city of more than 8 million people and a major industrial center that is in...
Struggling Chinese developer calls off $2.6B asset sale
BEIJING (AP) — A major Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt rattled financial markets says it has called off the sale of a $2.6 billion stake in a subsidiary and has made no progress in selling other assets. ...
Asian shares mixed after Evergrande sale deal called off
Shares are mixed in Asia after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through. Shares slipped in Hong Kong and Tokyo but rose in most other regional markets. China...
For sleepy Hong Kong residents, 5-hour bus tour is a snooze
HONG KONG (AP) — Travel-starved, sleep-deprived residents might find a new Hong Kong bus tour to be a snooze. The 76-kilometer (47-mile), five-hour ride on a regular double-decker bus around the territory is meant to appeal to people who are easily lulled asleep by...
6 missing, a day after ship capsizes off South Korea
SEOUL, South Korea (AP) — Aircraft and ships were searching off South Korea's eastern coast Thursday for six crew members still missing a day after a fishing ship capsized. One crew member has been found unconscious and two others were rescued. Nine crew members were...
