Latest Beijing News

Investigation into Chinese hacking reveals 'broad and significant' spying effort, FBI says

Nov. 13, 2024 23:13 PM EST

WASHINGTON (AP) — A federal investigation into Chinese government efforts to hack into U.S. telecommunications networks has revealed a “broad and significant” cyberespionage campaign aimed at stealing information from Americans who work in government and politics, the FBI said Wednesday. ...

Trump picks Matt Gaetz for attorney general, Marco Rubio for secretary of state

Nov. 13, 2024 23:00 PM EST

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump chose Rep. Matt Gaetz of Florida to serve as his attorney general on Wednesday, bypassing more experienced options in favor of a loyalist who has built a national reputation as a disruptor and whom Trump has tasked with dramatically...

Biden and Xi will meet in Peru as US-China relations tested again by Trump's return

Nov. 13, 2024 15:06 PM EST

WASHINGTON (AP) — President Joe Biden will hold talks Saturday with China's Xi Jinping on the sidelines of an international summit in Peru, a face-to-face meeting that comes as Beijing braces for Donald Trump's return to the White House. White House National...

Phoenix New Media: Q3 Earnings Snapshot

Nov. 13, 2024 05:11 AM EST

BEIJING (AP) — BEIJING (AP) — Phoenix New Media Ltd. (FENG) on Tuesday reported a loss of $2.6 million in its third quarter. On a per-share basis, the Beijing-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs and stock option expense, came to...

Sohu.com: Q3 Earnings Snapshot

Nov. 12, 2024 05:17 AM EST

BEIJING (AP) — BEIJING (AP) — Sohu.com Limited (SOHU) on Tuesday reported a loss of $16.3 million in its third quarter. On a per-share basis, the Beijing-based company said it had a loss of 52 cents. Losses, adjusted for non-recurring costs and stock option expense, were 39 cents...

A look at the research revealing China's work on prototype nuclear reactor to power aircraft carrier

Nov. 11, 2024 22:02 PM EST

BANGKOK (AP) — China has built a land-based prototype nuclear reactor for a large surface warship, in the clearest sign yet Beijing is advancing toward producing the country’s first nuclear-powered aircraft carrier, according to a new analysis of satellite imagery and Chinese government...

Singles' Day shopping festival loses its shine under China's lagging economy

Nov. 11, 2024 08:28 AM EST

HONG KONG (AP) — Businesses and consumers in China found the annual Singles' Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform Alibaba started the now-famous...

Indonesia's new leader calls for collaboration with China before heading to the US

Nov. 10, 2024 03:58 AM EST

BEIJING (AP) — Indonesia's new leader called for collaboration rather than confrontation with China after the signing of $10 billion in new deals at a business forum on Sunday in the Chinese capital before heading to the U.S. President Prabowo Subianto told the forum that his...

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Nov. 08, 2024 17:57 PM EST

NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average...

Italian President Mattarella meets Chinese leader Xi in Beijing amid complex ties

Nov. 08, 2024 08:10 AM EST

BEIJING (AP) — Italian President Sergio Mattarella met with Chinese leader Xi Jinping Friday on an official visit to China that came as Russia’s full-on invasion of Ukraine pitted Rome's NATO allies against Beijing's support for Moscow. The two exchanged greetings following a...