HONG KONG (AP) — A British banker was convicted of murder Tuesday, Nov.8, for killing two Indonesian women in Hong Kong, torturing one of them over three days while using cocaine in a gruesome case that shocked the Chinese financial hub. The nine-person jury returned unanimous verdicts against Rurik Jutting after a two-week trial in … Continue reading
Tag Archives: Hong Kong
Typhoon Haima churns toward China after lashing Philippines
BEIJING (AP) — Typhoon Haima churned toward southern China on Friday, October 21, 2016, after smashing into the northern Philippines with ferocious wind and rain, triggering flooding, landslides and power outages and killing seven people. China suspended rail services in several provinces on the mainland’s south, where the typhoon is expected to make landfall in … Continue reading
Thailand denies entry to teen Hong Kong activist Joshua Wong
HONG KONG (AP) — Thailand stopped Hong Kong teen pro-democracy activist Joshua Wong from entering the country to give a talk and sent him home, raising questions about whether it acted at China’s behest. An activist and a Thai immigration official said Bangkok responded to a request from Beijing, though a Thai government spokesman denied … Continue reading
China’s high-tech future emerges in factory town Shenzhen
SHENZHEN, China (AP) — Forget Beijing and Shanghai. China’s economic future is emerging in Shenzhen. Formerly a collection of fishing enclaves next door to Hong Kong that became the epicenter of China’s manufacturing-driven miracle, Shenzhen is reinventing itself again by staking its future growth on finance, technology and culture. The metropolis teeming with millions of … Continue reading
Asia extends global stock sell-off after ECB underwhelms
HONG KONG (AP) — Asian stocks sank Friday, extending a sell-off in world markets after Europe’s central bank unveiled plans to stimulate the continent’s ailing economy that fell short of investor expectations. KEEPING SCORE: Japan’s Nikkei 225 dropped 1.9 percent to 19,556.50 and South Korea’s Kospi lost 0.9 percent to 1,975.27. Hong Kong’s Hang Seng … Continue reading
Vanishing China execs a vexatious mystery for HK market
HONG KONG (AP) — The chairman of the Hong Kong arm of one of China’s biggest securities companies goes missing. The head of another firm resurfaces after months incommunicado. An executive at a film studio is detained for allegedly taking bribes. They’re not plot outlines for crime novels but real life cases lifted from the … Continue reading
Hong Kong tycoon buys $48.5M diamond at auction for daughter
GENEVA (AP) — An exceptionally large blue diamond sold Wednesday for 48.6 million Swiss francs ($48.5 million) — a record price for any jewel at auction, Sotheby’s said, culminating two Geneva auctions in which a convicted Hong Kong tycoon bought rare colored diamonds for his daughter. The 12.03-carat ‘Blue Moon’ diamond, set in a ring, … Continue reading
Asian stocks slump on Fed rate hike fears, commodity rout
HONG KONG (AP) — Asian stocks slid Friday following sharp losses on Wall Street as a slump in commodities markets deterred investors from riskier assets and expectations grew that the U.S. would soon move to raise interest rates. KEEPING SCORE: Japan’s benchmark Nikkei 225 index fell 0.8 percent to 19,534.97 while South Korea’s Kospi shed … Continue reading
Surprised by award, Woo says he’s just hard-working director
TOKYO (AP) — John Woo was surprised to receive an award honoring trailblazers who have made outstanding contributions to the art of filmmaking. “I have made a lot of films, but it hardly qualifies as making a special contribution. I’m just a hard-working filmmaker,” the Hong Kong director said in Tokyo before the award presentation. … Continue reading
Macau high-speed ferry accident leaves more than 120 hurt
HONG KONG (AP) — More than 120 people were injured when a high-speed ferry traveling from the Asian gambling hub of Macau to Hong Kong slammed into an object floating in the water, authorities said Monday. The hydrofoil, carrying 163 passengers and 11 crew members, hit an “unidentified object” off a small island in Hong … Continue reading
Warner Bros. to make Chinese-language films in HK venture
BEIJING (AP) — Hollywood studio Warner Bros. and a Chinese investment company said Sunday that they will jointly produce Chinese-language movies for the international market, as entertainment companies in the world’s two biggest movie markets increasingly collaborate. Warner Bros. and China Media Capital announced their Hong Kong-based joint venture two days before the start of … Continue reading
Asian stocks rise, Europe falls as global market rally fades
HONG KONG (AP) — World stock markets were uneven on Friday as a global rally driven by upbeat U.S. economic data faded. Markets are settling down after the tumult of the past two weeks, which saw Chinese stocks plunge, wiping out gains for the year, on jitters over the economy and a surprise devaluation of … Continue reading