Latest Hong Kong News

Oil prices jump as attack on Saudi plant jolts supply

Sep. 16, 2019 7:35 PM EDT

Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated for the...

Global stocks slip as oil prices surge

Sep. 16, 2019 7:24 AM EDT

BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai's index was unchanged, and...

Hospital staff rally for protest campaign after new violence

Sep. 16, 2019 7:17 AM EDT

HONG KONG (AP) — Hundreds of medical staff at one of Hong Kong's main public hospitals rallied Monday to support months of protests for democratic reforms and denounce police use of force, after new violence over the weekend rocked the semi-autonomous Chinese territory. Staff at the Prince of Wales...

Asian markets mixed as oil prices surge

Sep. 16, 2019 12:17 AM EDT

BEIJING (AP) — Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Hong Kong's benchmark tumbled 1.1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese markets were closed for a holiday. The...

Violence flares after Hong Kong protesters defy police ban

Sep. 15, 2019 2:34 PM EDT

HONG KONG (AP) — Police fired chemical-laced blue water and tear gas at protesters who lobbed Molotov cocktails outside the Hong Kong government office complex Sunday, as violence flared anew after thousands of pro-democracy supporters marched through downtown in defiance of a police ban. A mixed crowd of...

Philly's mahjong club brings game to bottle shops, cafes

Sep. 15, 2019 11:27 AM EDT

PHILADELPHIA (AP) — Sarah Wright stared at the row of 13 mahjong tiles in front of her, each etched with Chinese characters and numbers. Her brow furrowed in concentration as she eyed her opponents' rows. When it was her turn, Wright drew a tile from the "wall" — two rows of mahjong tiles stacked...

Skirmishes break out in Hong Kong mall amid counter rallies

Sep. 14, 2019 7:03 AM EDT

HONG KONG (AP) — Skirmishes broke out Saturday at a shopping mall in Hong Kong between supporters of the ongoing protests for democratic reforms in the semiautonomous Chinese territory and people backing the central government in Beijing. Hundreds of pro-Beijing demonstrators sang the Chinese national...

London Stock Exchange rejects Hong Kong takeover bid

Sep. 13, 2019 11:43 AM EDT

LONDON (AP) — The London Stock Exchange on Friday rejected an unsolicited takeover bid from its Hong Kong counterpart, citing "fundamental concerns" about the offer. The London Stock Exchange Group said strategic and regulatory problems were among the reasons it turned down the unexpected proposal by Hong...

Hong Kong festival marked with pro-democracy messages

Sep. 13, 2019 11:42 AM EDT

HONG KONG (AP) — Thousands of Hong Kong people carried lanterns with pro-democracy messages and formed human chains on two of the city's peaks during mid-autumn festival celebrations Friday night, sustaining months-long protests for democratic reforms in the semi-autonomous Chinese territory. Activists and...

World shares buoyed by fresh optimism over US-China trade

Sep. 13, 2019 5:55 AM EDT

BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327.05...