MELBOURNE, Australia (AP) — The Australian and New Zealand militaries were monitoring three Chinese warships moving unusually far south along Australia’s east coast on an unknown mission, officials said Thursday. The Australian government revealed a week ago that the warships had traveled through Southeast Asia and the Coral Sea and were approaching northeast Australia. Defense…
WASHINGTON (AP) — The heads of four major labor unions on Wednesday called on President Donald Trump to boost American shipbuilding and enforce tariffs and other “strong penalties” against China for its increasing dominance in that sphere. The presidents of the United Steelworkers, International Brotherhood of Electrical Workers, International Brotherhood of Boilermakers and International Association…
WELLINGTON, New Zealand (AP) — The South Pacific country of Cook Islands on Tuesday unveiled the details of a deal with China to boost cooperation on matters including mining seabed minerals, after the pact provoked a rare diplomatic clash with the nation’s chief benefactor, New Zealand, and protests at home. The public quarrel between New…
HONG KONG (AP) — Shares in Asia were mostly up Tuesday, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry. Hong Kong’s Hang Seng rose 1.64% to 22,986.88, while the Shanghai Composite added 0.15% to 3,360.95….
BANGKOK (AP) — Efforts to shut down online scam centers in Myanmar appeared to gain momentum on Monday as a top Chinese security official visited both sides of the Thai-Myanmar border ahead of expected large-scale repatriations of workers in the illicit industry. The visit by Liu Zhongyi, China’s vice minister of public security and commissioner…
BEIJING (AP) — Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father’s panicked voice: The brakes don’t work! Approaching a red light, her father swerved around two cars before plowing into an SUV and a sedan and crashing into a large concrete barrier. Stunned,…
TOKYO (AP) — Asian shares were trading mixed Monday, as investors found bargains despite worries about U.S. President Donald Trump’s tariffs. Japan’s benchmark Nikkei 225 finished little changed, rising less than 0.1% to 38,801.17. The Japanese government reported a record current account surplus last year of 29 trillion yen ($191 billion), underlining strong returns on…
BEIJING (AP) — Chinese rescuers searched for some 30 people after a landslide on Saturday in southwestern Sichuan province buried 10 houses. The Ministry of Emergency Management deployed hundreds of rescuers including firefighters following the landslide in a village in Junlian county. Two people were pulled out alive, state broadcaster CCTV said. President Xi Jinping…
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared with the same period in 2023. Profits…
TOKYO (AP) — Global shares were trading mostly higher Thursday, after a Wall Street rally that followed profit reports from major companies. France’s CAC 40 edged up 0.3% to 7,912.19 in early trading, while Germany’s DAX rose 0.7% to 21,710.10. Britain’s FTSE 100 rose 0.8% to 8,694.89. U.S. shares were set to drift higher with…