Latest East Asia News

Hong Kong leader: PR firms decline to restore city's image

Sep. 17, 2019 7:28 AM EDT

HONG KONG (AP) — Hong Kong leader Carrie Lam said Tuesday that international public relations firms have turned down the government's requests to help restore the city's reputation after months of pro-democracy protests. The firms responded that "the time is not right" as the violence and unrest in the...

The Latest: Pakistan's PM Khan to visit Saudi Arabia

Sep. 17, 2019 7:12 AM EDT

DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 3:10 p.m. Pakistan's foreign minister says Prime Minister Imran Khan will travel to Saudi Arabia this week for an important meeting with...

Asia Development Bank president to step down

Sep. 17, 2019 7:03 AM EDT

TOKYO (AP) — The president of the Asia Development Bank, Takehiko Nakao, plans to step down early next year, the regional lender said Tuesday. Japan has usually headed the ADB as a top donor. Finance Minister Taro Aso said in a statement that Tokyo would soon nominate a "high-caliber candidate" as Nakao's...

Stocks mixed, oil down as markets await news on Saudi plant

Sep. 17, 2019 6:59 AM EDT

BANGKOK (AP) — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its...

World's top brewer revives listing plans, halves IPO size

Sep. 17, 2019 6:48 AM EDT

HONG KONG (AP) — AB InBev, the world's largest brewer that produces Budweiser and Corona, has revived plans to list its Asian business in Hong Kong but halved the size of its initial public offering. The move comes two months after it temporarily shelved plans to raise $9.8 billion in what would have been...

Facing US ban, Huawei emerging as stronger tech competitor

Sep. 17, 2019 6:12 AM EDT

SHENZHEN, China (AP) — Long before President Donald Trump threatened to cut off Huawei's access to U.S. technology, the Chinese telecom equipment maker was pouring money into research that reduces its need for American suppliers. Huawei's founder says instead of crippling the company, the export curbs are...

Popular panda on loan from China dies in Thai zoo

Sep. 17, 2019 5:49 AM EDT

BANGKOK (AP) — Zoo staff in northern Thailand donned black and white clothing and observed a minute of silence Tuesday to mourn the sudden death of their popular male giant panda, who was on a long-term loan from China. Chuang Chuang collapsed Monday in his enclosure shortly after standing up following a...

As illnesses spread, fake vape gear sells on LA streets

Sep. 17, 2019 5:35 AM EDT

LOS ANGELES (AP) — A short walk from police headquarters in the heart of downtown Los Angeles, a cluster of bustling shops are openly selling packaging and hardware that can be used to produce counterfeit marijuana vapes that have infected California's cannabis market. Bootleggers eager to profit off...

Japanese officials cautious on prospects for US trade deal

Sep. 17, 2019 2:56 AM EDT

TOKYO (AP) — Officials in Japan appeared wary over the prospects for a trade deal with the U.S. after President Donald Trump said he was prepared to sign a pact soon. Japan's chief government spokesman, Yoshihide Suga, said Tuesday that the two sides are still finalizing details after reaching a basic...

Chinese envoy going to US to prepare for trade talks

Sep. 17, 2019 2:11 AM EDT

BEIJING (AP) — A Chinese envoy will head to Washington on Wednesday to prepare for trade negotiations. The announcement Tuesday follows conciliatory gestures by both sides ahead of the October talks on their fight over trade and technology, which threatens to dampen global economic growth. A deputy finance...