Update: Shanahan calls out China over South China Sea

Politics 05/31/19, 19:30

The Latest on the U.S.-China relationship (all times local): 8:30 a.m. U.S. Acting Defense Secretary Patrick Shanahan is describing China's actions to steal technology from other nations and militarize man-made outposts in the South China Sea as a "toolkit of coercion." Acting U.S. Secretary of Defense Patrick Shanahan, right, and Chinese Minister of ...

Asian stocks retreat as China-US jitters set in

Business 05/29/19, 02:04

Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth. With a lull in economic releases closer to home, investors digested President Donald Trump's comments that the country was "not ready" for a trade deal with China. Trump ...

Asian shares slip as US-China spat takes center stage

Business 05/22/19, 22:35

Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was 0.2% lower ...

Asian shares mixed as Huawei sanctions stir trade fears

Business 05/17/19, 01:57

Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. These fears weighed heavily on Chinese benchmarks. The Shanghai composite gave up 2.7% to 2,876.90. Hong Kong's Hang Seng lost 1.2% to 27,932.31 and the A-share index on ...

Singapore reportedly criminalizes publication of fake news

Tech 05/09/19, 00:57

Singapore reportedly has passed a law criminalizing publication of fake news and allowing the government to block and order the removal of such content.The Protection from Online Falsehoods and Manipulation Bill passed Wednesday night by a vote of 72-9, a lawmaker with the opposition Worker's Party, Daniel Goh, said on ...

Boeing 737 Max 8 woes crimp Asian airlines’ growth plans

World 05/06/19, 22:55

Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people.So far, regional carriers have managed to avoid major disruptions, but analysts expect that idling the Max ...

Asian markets mixed following losses on Wall Street

Asia & Pacific 05/03/19, 01:43

Benchmarks in Asia were mixed with thin trading on Friday after a discouraging day on Wall Street. News reports highlighting obstacles in the way of a China-U.S. trade deal also weighed on sentiment.The Kospi in South Korea dropped 0.7% to 2,196.32 while Hong Kong's Hang Seng gained 0.2% to 30,003.18. ...

Asian stocks mixed as Fed steers clear of signaling rate cut

Business 05/02/19, 01:52

Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light with markets in Japan and mainland China closed.Hong Kong's Hang Seng rose 0.6% to 29,882.20 while Australia's S&P ...

Asian markets lower after S&P 500, Nasdaq hit record highs

Business 04/24/19, 02:46

Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.3% to 22,000.00 and the Hang Seng in Hong Kong fell 0.5% to 29,825.03. The Shanghai ...

Asian markets lower after S&P 500, Nasdaq hit record highs

Business 04/24/19, 00:08

Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index ...

Asian stocks rise, oil soars on Iran sanctions worries

Business 04/23/19, 01:46

Asian stocks mostly rose Tuesday and oil prices soared to their highest level since October after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. Japan's Nikkei 225 index closed 0.2% higher at 22,259.74 and the Kospi in South Korea added 0.2% to 2,220.51. Hong Kong's ...

Asian shares fall as Fed minutes show data may tweak stance

Business 04/11/19, 01:39

Asian markets were mostly lower on Thursday after the U.S. Federal Reserve released minutes of its meeting in March. While most officials believed the central bank would leave interest rates unchanged for the rest of the year, several said their views could shift with incoming data.Hong Kong's Hang Seng gave ...

Record Singapore bust puts scrutiny on overlooked pangolin

Asia & Pacific 04/10/19, 04:53

Singapore has seized more than 28 tons of pangolin scales belonging to around 38,000 of the endangered mammals over the past week, a global record that spurred calls for more protection for pangolins.The scales, which were found in shipping containers, have been linked to four species of pangolins native to ...

Sydney Brenner, who helped decipher genetic code, dies at 92

Science 04/06/19, 17:01

Sydney Brenner, a Nobel Prize-winning biologist who helped decipher the genetic code and whose research on a roundworm sparked a new field of human disease research, has died. He was 92.The Salk Institute for Biological Studies in California, where Brenner spent part of his seven-decade career, said he died Friday ...

Casino company Las Vegas Sands announces Singapore expansion

Business 04/03/19, 16:09

Casino company Las Vegas Sands announced Wednesday it plans to spend $3.3 billion to add an entertainment arena, new hotel tower and more convention space to its property in Singapore.The Las Vegas-based owner of properties in the U.S. and Macau said in a statement it has an agreement with the ...

Singapore carrier grounds 2 Boeing 787-10 jets after checks

Business 04/02/19, 04:38

Singapore Airlines has grounded two of its Boeing 787-10 aircraft due to engine issues, the carrier said Tuesday.It said in a statement that "premature blade deterioration was found on some engines" of its 787-10 fleet at recent routine inspections."Pending engine replacements, two SIA 787-10 aircraft have been removed from service," ...

Countries and carriers around globe ground Boeing 737 Max

Africa 03/13/19, 03:44

A growing number of airlines and countries around the world have grounded Boeing 737 Max jets or banned them from their airspace following the crash of an Ethiopian Airlines plane that killed 157 people on Sunday, five months after a similar Indonesian Lion Air jet plunged into the ocean, killing ...

Countries and carriers around the globe ground the 737 Max 8

Business 03/12/19, 05:05

A growing number of airlines around the world have grounded their Boeing 737 Max 8 jets following the crash of an Ethiopian Airlines plane that killed 157 people on Sunday, five months after a similar Indonesian Lion Air jet plunged into the ocean, killing 189. Here is a list of ...

Park wins 6th LPGA title in Singapore with final-round 64

Golf 03/03/19, 03:14

Sung Hyun Park made sure there were no anxious moments as she closed in on her sixth LPGA Tour victory on Sunday at the HSBC Women's World Championship.Four strokes behind No. 1 Ariya Jutanugarn at the start of the final round, the world No. 2 birdied five of her first ...

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