Latest Hong Kong News

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 2:03 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai, Seoul and Sydney advanced, while Tokyo and Hong Kong declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 12:49 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

China's pig disease outbreak pushes up global pork prices

May. 20, 2019 9:23 PM EDT

BEIJING (AP) — Hong Kong retiree Lee Wai-man loves pork fresh from the market but eats a lot less now that the price has jumped as China struggles with a deadly swine disease that has sent shockwaves through global meat markets. China produces and consumes two-thirds of the world's pork, but output is...

World shares mixed with no easing of China-US trade dispute

May. 20, 2019 6:58 AM EDT

BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall Street...

Asian shares mixed; election results buoy India, Australia

May. 20, 2019 12:57 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Monday, with India and Australia leading gains for the region following elections that looked set to keep incumbents in office. Japan's Nikkei 225 index edged up 0.3% to 21,343.09 after the government reported Monday that the economy grew at a...

China's ban on scrap imports a boon to US recycling plants

May. 18, 2019 12:17 PM EDT

ALBANY, N.Y. (AP) — The halt on China's imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables. U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously...

I.M. Pei's legacy stretched from the West to the East

May. 17, 2019 6:31 AM EDT

BEIJING (AP) — The legacy of American architect I.M. Pei stretches from west to east, from the Louvre museum to his native China, where he helped fuse tradition and modernity as the country opened up after the Cultural Revolution. Pei, who died earlier this week at the age of 102, added elegance to...

AP Photos: Editor selections from the past week in Asia

May. 17, 2019 2:12 AM EDT

South Korean violinist Won Hyung Joon and North Korean soprano Kim Song Mi held a rare joint performance between artists from the rival countries. The concert in Shanghai was the first both Won and Kim had had with a musician from the other side of the Korean border. They agreed to perform together to promote...

Asian shares mixed as Huawei sanctions stir trade fears

May. 16, 2019 11:27 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong's Hang Seng shed 0.4% to 28,161.89 while Japan's benchmark Nikkei 225 jumped 1.6% to 21,391.53. The Kospi in South Korea added 0.2% to...

I.M. Pei, architect who designed Louvre Pyramid, dies at 102

May. 16, 2019 9:08 PM EDT

NEW YORK (AP) — I.M. Pei (PAY), the versatile, globe-trotting architect who revived the Louvre with a giant glass pyramid and captured the spirit of rebellion at the multi-shaped Rock and Roll Hall of Fame, has died at age 102. Pei's death was confirmed Thursday by Marc Diamond, a spokesman for the...