Shares were mostly higher in Asia on Monday as China’s leaders began a major meeting expected to bring fresh pledges of help for the world’s second-largest economy. Oil prices gained more than $1 a barrel after the OPEC+ oil producing nations said they would extend production cuts until the end of the year. No reason…
FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The duties took effect provisionally in July and were…
WASHINGTON (AP) — Chinese hackers engaged in a broader espionage operation targeted cellphones used by Republican presidential nominee Donald Trump, his running mate, JD Vance, and people associated with the Democratic campaign of Kamala Harris, people familiar with the matter said Friday. It was not immediately clear what data, if any, may have been accessed….
WASHINGTON (AP) — The National Zoo’s long dark panda drought seems to be coming to an end. Eleven months after the zoo sent its three wildly popular pandas — Mei Xiang, Tian Tian and their cub Xiao Qi Ji — back to China, a new pair of bears is set to arrive. A pair of…
TAIPEI, Taiwan (AP) — China held large-scale military exercises surrounding Taiwan and its outlying islands Monday in what it called a warning against Taiwan independence. China’s Defense Ministry said the drills were a response to Taiwanese President Lai Ching-te’s refusal to concede to Beijing’s demands that Taiwan acknowledge itself as a part of the People’s…
The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention. Alfexe | Istock | Getty Images The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving…
MACAO (AP) — Macao’s former top judge, Sam Hou Fai, was chosen as the Chinese casino hub’ s next leader in a largely ceremonial election on Sunday, setting him up to become the city’s first chief executive born in mainland China. Almost the entire election committee stacked with Beijing loyalists — 394 of 398 —…
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan’s benchmark Nikkei 225 edged up 0.3% in afternoon trading to 39,390.33. Australia’s S&P/ASX 200 rose 0.4% to 8,223.00. South Korea’s Kospi added 0.5% to 2,607.45. Hong Kong’s Hang Seng jumped 3.7% to…
TOKYO (AP) — Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as the details of Beijing’s plans to revive the world’s second-largest economy appeared to fall flat. The Shanghai Composite index was up 3.1% at 3,438.16, though in Shenzhen, Japan’s…
KARACHI, Pakistan (AP) — A massive blast outside Karachi Airport in Pakistan on Sunday killed two workers from China and injured at least eight, officials from both countries said. Police and the provincial government said a tanker exploded outside the airport, which is Pakistan’s biggest. A Chinese Embassy statement said that a convoy carrying Chinese…