Latest Beijing News

The Latest: Russian envoy lashes out a UK defense minister

Feb. 16, 2019 1:33 PM EST

MUNICH (AP) — The Latest on the international security conference taking place in Munich (all times local): 7 p.m. Russian Foreign Minister Sergey Lavrov has fired back at British Defense Minister Gavin Williamson, calling him the "minister of war." Lavrov's comments Saturday came the day after Williamson...

Stocks post strong finish as optimism over trade talks grows

Feb. 15, 2019 4:49 PM EST

The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood. The rally marked a turnaround from a day earlier, when disappointing holiday sales data led to a modest sell-off. Friday's gains helped push the...

Chinese man gets US prison term in fake computer items case

Feb. 15, 2019 4:17 PM EST

HOUSTON (AP) — A man from China has been sentenced to 4½ years in a U.S. prison in a trademark violation case involving counterfeit computer-networking equipment shipped to Texas. Ruiyang Li of Beijing was sentenced Friday in Houston. Prosecutors say the 40-year-old Chinese national pleaded guilty to...

Trump says he might extend deadline in US-China talks

Feb. 15, 2019 12:50 PM EST

BEIJING (AP) — President Donald Trump said that "there's a possibility" he would extend a March 2 deadline in trade talks with China if the two countries are closing in on a deal. Trump made the remarks after two days of high-level negotiations broke up in Beijing Friday, and the two countries announced...

The Latest: Trump might extend March 2 trade deadline

Feb. 15, 2019 12:11 PM EST

BEIJING (AP) — The Latest on China-U.S. trade talks in Beijing (all times local): 1:07 a.m. U.S. President Donald Trump says there's a "possibility" he will extend a March 2 deadline in trade talks with China if both sides are close to a deal. Trump says that would happen "if I see that we're close to a...

Deere, hit on both sides of trade war, posts weak 1Q earns

Feb. 15, 2019 10:51 AM EST

MOLINE, Ill. (AP) — Deere & Co., a manufacturer that faces threats from both ends of a trade war, cited rising costs and anxious farmers as it reported a profit shortfall for the first quarter Friday. Shares bounced back from sharp premarket declines, however, on a relatively strong outlook, and hopes...

World stocks recover as US-China trade talks extended

Feb. 15, 2019 7:24 AM EST

SINGAPORE (AP) — World stock markets bounced back on Friday after Chinese officials said trade talks with the U.S. would continue in Washington next week. Markets had been dragging on the absence of good news as the U.S. and China concluded talks in Beijing. European markets also rose even as Spanish Prime...

Asian stocks slip on Wall Street leads as trade talks simmer

Feb. 14, 2019 11:47 PM EST

SINGAPORE (AP) — Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing. Japan's benchmark Nikkei 225 retreated 1.2 percent to 20,886.27 and the Kospi in South Korea tumbled 1.6 percent to 2,189.50. Hong Kong's Hang...

Sweden probing its envoy to China over 'threatening' meeting

Feb. 14, 2019 8:23 PM EST

BEIJING (AP) — Sweden's ambassador to China is under internal investigation over a meeting she arranged between the daughter of a detained Swedish publisher and two Chinese businessmen who she says threatened her father. Ambassador Anna Lindstedt returned to Stockholm on Wednesday to meet with officials...

Stocks move higher as US, China begin talks on tariffs war

Feb. 14, 2019 7:15 AM EST

SINGAPORE (AP) — European shares rose Thursday and Wall Street was set to open higher after the U.S. and China kicked off two days of trade talks in Beijing. The aim is to forestall further tariff hikes in a bruising dispute over Beijing's technology policies. In Europe, France's CAC 40 gained 0.7 percent...