Latest East Asia News

China ups pressure as tech exec's hearing goes into Tuesday

Dec. 10, 2018 7:42 PM EST

VANCOUVER, British Columbia (AP) — A jailed Chinese technology executive will have to wait at least one more day to see if she will be released on bail in a case that has raised U.S.-China tensions and complicated efforts to resolve a trade dispute that has roiled financial markets and threatened...

The Latest: Judge says no decision yet on Huawei exec's bail

Dec. 10, 2018 7:07 PM EST

VANCOUVER, British Columbia (AP) — The Latest on the arrest in Canada of Chinese tech executive Meng Wanzhou. (all times local): 4 p.m. A Canadian judge says he won't reach a bail decision Monday for a top Chinese executive facing possible extradition to the U.S. in a case that has fueled U.S.-China trade...

US sanctions 3 North Korean officials for human rights abuse

Dec. 10, 2018 4:41 PM EST

WASHINGTON (AP) — The Trump administration imposed sanctions Monday on three senior North Korean officials for human rights abuses in the isolated country. U.S. officials said the sanctions are intended to call attention to "brutal" censorship and human rights abuses as well as the death last year of...

Marathon Oil and Bank of America drop; Nutrisystem jumps

Dec. 10, 2018 4:37 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Nutrisystem Inc., up $9.48 to $43.68 The weight loss company agreed to be acquired by Tivity Health for $47 a share in cash and stock. Yelp Inc., up $1.05 to $35.64 A shareholder is seeking a shakeup of the board at the online review...

Stocks struggle higher as markets remain volatile; oil drops

Dec. 10, 2018 4:29 PM EST

NEW YORK (AP) — U.S. stocks remained volatile Monday as the market took a dive in early trading only to erase those losses later and end slightly higher. The Dow Jones Industrial Average lost as much as 507 points in early trading before ending with a gain of 34. Energy companies fell as the price of crude...

Chinese court bans some iPhones over Qualcomm dispute

Dec. 10, 2018 2:00 PM EST

NEW YORK (AP) — U.S. chipmaker Qualcomm says it's won an order in a Chinese court banning some Apple phones in China as part of a long-running dispute over patents. Qualcomm said Monday that the Fuzhou Intermediate People's Court in China has granted preliminary injunctions ordering four Chinese...

The Latest: Apple to appeal iPhone ruling in China

Dec. 10, 2018 1:57 PM EST

NEW YORK (AP) — The Latest on Apple-Qualcomm dispute (all times local): 1:55 p.m. Apple says it's appealing a Chinese court ruling that would ban some iPhones in China as part of a long-running patent dispute with chipmaker Qualcomm. Apple said it filed a request Monday for the court to reconsider its...

Fast facts about the arrest of a Chinese tech executive

Dec. 10, 2018 12:37 PM EST

VANCOUVER, British Columbia (AP) — WHAT'S HAPPENING A top executive with Chinese electronics giant Huawei faces a bail hearing. The U.S. wants Canada to extradite Meng Wanzhou, the chief financial officer of Huawei Technologies. She was detained Dec. 1 while changing planes in Vancouver. U.S. authorities...

GoPro to move production out of China over tariff concerns

Dec. 10, 2018 11:43 AM EST

SAN MATEO, Calif. (AP) — Action-camera maker GoPro says it will move production of U.S.-bound cameras out of China by the summer over tariff-related concerns. Companies have been voicing concerns over a looming trade war between China and the U.S. as both countries have been threatening tariffs against one...

Prosecutors indict Nissan's Ghosn for underreporting pay

Dec. 10, 2018 9:28 AM EST

TOKYO (AP) — Prosecutors have charged Nissan Motor Co.'s former chairman Carlos Ghosn, another executive and the automaker itself for allegedly violating financial laws by underreporting income. The charges imposed Monday involve allegations Ghosn's pay was underreported by about 5 billion yen ($44...