Latest Hong Kong News
New Hong Kong electors chosen, with only 1 opposition member
HONG KONG (AP) — The 1,500-member panel that picks Hong Kong’s next leader will have only one opposition-leaning member, according to results Monday from a tightly controlled selection process amid a crackdown on dissent in the city. Separately, Hong Kong national...
Hong Kong shares lead Asia lower; Tokyo and Shanghai closed
Shares fell more than 3% in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped up last week with another decline. Investors are...
Voters choose new Hong Kong electors under pro-Beijing laws
HONG KONG (AP) — Select Hong Kong residents voted for members of the Election Committee that will choose the city's leader in the first polls Sunday following reforms meant to ensure candidates with Beijing loyalty. The Election Committee will select 40 of 90 lawmakers...
Asian shares mostly higher after Wall Street retreat
Asian shares were mixed on Friday after a hodge-podge of economic data led Wall Street to close mostly lower. Benchmarks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai and Sydney. Across the region, concerns over prolonged outbreak of...
Asian shares mostly lower on lackluster China, Japan data
Stocks were mostly lower in Asia on Thursday after Japan and China released data that were weaker than expected. Shares fell in Tokyo, Shanghai, Hong Kong and Seoul but rose in Sydney. Japan reported that its exports rose 26.2% in August from a year...
Biden announces Indo-Pacific alliance with UK, Australia
WASHINGTON (AP) — President Joe Biden announced Wednesday that the United States is forming a new Indo-Pacific security alliance with Britain and Australia that will allow for greater sharing of defense capabilities — including helping equip Australia with nuclear-powered submarines. It's...
Chinese property developer's debt struggle rattles investors
BEIJING (AP) — One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments. Evergrande Group appears likely to be...
Hong Kong activists jailed over Tiananmen crackdown vigil
HONG KONG (AP) — Nine Hong Kong activists and ex-lawmakers on Wednesday were handed jail sentences of up to 10 months over their roles in last year’s banned Tiananmen Square candlelight vigil, the latest blow in an ongoing crackdown on dissent in the city. The nine...
Asian stocks follow Wall St lower amid growth concerns
BEIJING (AP) — Asian stock markets followed Wall Street down on Wednesday after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus's delta variant. Shanghai, Tokyo, Hong Kong and Sydney all retreated, giving up the...
Asian stocks mixed as investors await US inflation data
BEIJING (AP) — Asian stock markets were mixed Tuesday as investors waited for an update on U.S. inflation that has been stronger than expected. Shanghai and Hong Kong advanced, while Tokyo and Seoul retreated. Wall Street's benchmark S&P 500...
