Latest Hong Kong News

China's Xi swears in new leader of casino hub Macao, telling the city to diversify economy

Dec. 20, 2024 06:26 AM EST

MACAO (AP) — Chinese President Xi Jinping urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony's new government on Friday at an event marking the 25th anniversary of its handover to China. New Chief Executive Sam Hou Fai — Macao’s...

Macao's casino boom brings wealth but at a cost, 25 years since China's takeover

Dec. 18, 2024 23:20 PM EST

MACAO (AP) — When Portugal returned its colony Macao to China in 1999, coffee shop owner Daniel Chao was a first grader living in a different world. Since then his sleepy hometown has transformed into a bustling gaming hub lined with glittering casinos. Its once quiet streets are...

Xi visits casino hub Macao to mark 25 years of its return to Chinese rule

Dec. 18, 2024 06:25 AM EST

MACAO (AP) — Chinese President Xi Jinping on Wednesday began a three-day visit to Macao to mark the 25th anniversary of the casino city’s return to Chinese rule. Xi and his wife, Peng Liyuan, were welcomed at the airport by a lavish ceremony with lion and dragon dances. Xi told...

2 men deny charges of helping Hong Kong gather intelligence in UK

Dec. 12, 2024 11:03 AM EST

LONDON (AP) — Two men accused of helping Hong Kong authorities gather intelligence in the U.K. pleaded not guilty Thursday to violating Britain's National Security Act. Chung Biu Yuen, 64, and Chi Leung Peter Wai, 39, are accused of agreeing to undertake information gathering,...

Hong Kong court convicts 7 men, including ex-lawmaker, of rioting during 2019 protests

Dec. 12, 2024 06:26 AM EST

HONG KONG (AP) — A Hong Kong judge on Thursday convicted seven people, including a pro-democracy former lawmaker, of rioting during mob violence at a subway station at the height of the city’s anti-government protests in July 2019. Prosecutors accused former legislator Lam...

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

Dec. 09, 2024 17:13 PM EST

NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped...

How major US stock indexes fared Monday, 12/9/2024

Dec. 09, 2024 16:23 PM EST

A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. ...

Chinese leaders pledge 'moderately loose' monetary policy, more support for slowing economy

Dec. 09, 2024 05:41 AM EST

BANGKOK (AP) — China’s top leaders have pledged to loosen monetary policy and provide more support for the slowing economy, while Premier Li Qiang swiped at threats of higher tariffs on Chinese exports, saying they hinder global growth. Shares in Hong Kong jumped Monday after...

NBA returning to China for pair of Suns-Nets preseason games in 2025

Dec. 06, 2024 05:18 AM EST

The NBA is returning to China next season, striking a deal to play preseason games there more than five years after the league was effectively banned over Commissioner Adam Silver not punishing Daryl Morey for tweeting support of anti-government protesters in Hong Kong. The Brooklyn...

A jailed Hong Kong activist loses appeal over denial of early release under new security law

Dec. 06, 2024 04:56 AM EST

HONG KONG (AP) — A jailed Hong Kong activist lost his landmark legal challenge on Friday against the prison authorities' denial of early release under the new national security law. Ma Chun-man was serving a five-year term for inciting secession under a separate, Beijing-imposed...