Latest East Asia News
Cathay Pacific cuts 8,500 jobs, shutters regional airline
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. About 5,300 employees based in Hong Kong and another 600 elsewhere will likely lose their jobs, and 2,600 unfilled...
Japan PM pushes closer Southeast Asia ties in China counter
JAKARTA, Indonesia (AP) — Japan's new prime minister pledged Wednesday to help Southeast Asian nations increase their maritime security capabilities, as he used his first overseas trip as leader to push his country's vision for greater international cooperation to counter China's influence in the region....
Asian shares rise after Wall Street gains on solid earnings
TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies. Japan's benchmark Nikkei 225 gained 0.3% to 23,647.63. South Korea's Kospi added 0.3% to 2,366.15, while Australia's S&P/ASX 200 edged up...
Many thorny global situations hinge on US election outcome
LONDON (AP) — Four years after Donald Trump’s election reframed how many nations interacted with the United States, the way that the world’s foremost superpower moves forward after its presidential election stands to impact many geopolitical pressure points — whether the victor turns...
Many thorny global situations hinge on US election outcome
LONDON (AP) — Four years after Donald Trump's election reframed how many nations interacted with the United States, the way that the world's foremost superpower moves forward after its presidential election stands to impact many geopolitical pressure points — whether the victor turns out to be Trump...
Fortunes of China's internet tycoons soar amid pandemic
BEIJING (AP) — Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest tycoon this year as surging demand for online shopping and other services during the coronavirus pandemic swelled the fortunes of internet entrepreneurs, according to a survey released Tuesday....
Growing NKorean nuclear threat awaits US election winner
WASHINGTON (AP) — “Where’s the war?” That’s how President Donald Trump defends his North Korea policy at campaign rallies even though he’s joined the list of U.S. presidents unable to stop the ever-growing nuclear threat from Kim Jong Un. That threat will transcend the...
Think tank urges China to release Canadian employee
UNITED NATIONS (AP) — The president of the International Crisis Group used a high-level U.N. Security Council meeting attended by China’s foreign minister Tuesday to appeal for the release of the think tank’s northeast Asia expert, Michael Kovrig, who has been held by Beijing for nearly two...
Asian shares rise after Wall Street gains on solid earnings
TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies. Japan's benchmark Nikkei 225 gained 0.5% in morning trading to 23,676.90. South Korea's Kospi added 0.4% to 2,366.40, while Australia's...
The Latest: Imported workers test positive in New Zealand
WELLINGTON, New Zealand — Eighteen fishing crewmen who last week flew to New Zealand from Moscow have tested positive for the coronavirus, underscoring the difficulty New Zealand faces in trying to import needed workers while remaining virtually virus free. A total of 235 crew from Russia and Ukraine were...
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