Latest Hong Kong News

European shares fall as selling kicks in after recent gains

Oct. 05, 2022 07:10 AM EDT

TOKYO (AP) — European indexes fell in early trading and U.S. futures were down as selling pressure kicked in Wednesday after a few days of strong gains. Asian shares advanced, led by a nearly 6% jump in Hong Kong's share benchmark as markets there caught up after reopening from a...

Hong Kong shares soar 5%, leading Asian market gains

Oct. 05, 2022 01:13 AM EDT

TOKYO (AP) — Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked its benchmark interest rate to 3.5%, saying inflation remained too high and labor...

Google discontinues Google Translate in mainland China

Oct. 03, 2022 07:09 AM EDT

HONG KONG (AP) — Google has discontinued its Google Translate services in mainland China, removing one of the company’s few remaining services that it had provided in a country where most Western social media platforms are blocked. The Google Translate app and website now display...

Hong Kong leader promises revival on China's National Day

Oct. 01, 2022 03:21 AM EDT

BEIJING (AP) — Hong Kong’s leader promised Saturday to revive its struggling economy following a campaign to crush a pro-democracy movement as China's ruling Communist Party marked its 73rd anniversary in power under strict anti-virus controls. In Beijing, crowds of spectators...

Asian stocks sink on German inflation, British tax cuts

Sep. 29, 2022 23:53 PM EDT

BEIJING (AP) — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened. Shanghai, Tokyo, Hong Kong and Sydney retreated. Oil prices edged lower. ...

US sanctions traders of Iranian oil as nuclear talks stall

Sep. 29, 2022 14:42 PM EDT

WASHINGTON (AP) — The U.S. on Thursday imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil. The State Department designated two Chinese companies, and Treasury's Office of Foreign Assets Control hit a network of companies...

Former Hong Kong lawmaker sentenced to 3 1/2 years in jail

Sep. 29, 2022 06:57 AM EDT

HONG KONG (AP) — Former Hong Kong lawmaker and pro-democracy activist Ted Hui was sentenced to 3 1/2 years in jail for criminal contempt after he skipped bail and fled overseas, missing trial for cases against him. Hui was facing charges for his role in an anti-government protest...

Asian stocks follow Wall St higher after UK calms markets

Sep. 28, 2022 23:56 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Britain's central bank moved forcefully to stop a budding financial crisis. Market benchmarks in Hong Kong, Seoul and Sydney added more than 1%. Shanghai and Tokyo also rose. Oil prices edged lower after...

Editorial Roundup: Alabama

Sep. 28, 2022 14:39 PM EDT

Dothan Eagle. September 24, 2022. Editorial: Fighting obesity Several years prior to the reversion of Hong Kong to Chinese control, a group of Alabamians traveled there as part of an exchange between Rotary International District 6880 (the Southern half of Alabama)...

Scientists honored for COVID-19 tracker, prenatal test

Sep. 28, 2022 12:40 PM EDT

NEW YORK (AP) — A Johns Hopkins University scientist who created a website to track COVID-19 cases worldwide is the recipient of this year’s Lasker award for public service. The $250,000 awards, announced Wednesday by the Albert and Mary Lasker Foundation, recognize achievements...