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Asian shares decline ahead of Fed decision on interest rates

TOKYO ((DailyNews)) — Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve...

Under COVID lockdown, Xinjiang residents complain of hunger

BEIJING ((DailyNews)) — Residents of a city in China’s far western Xinjiang region say they are experiencing hunger, forced quarantines and dwindling supplies of...

Typhoon Muifa makes landfall in China, heads for Shanghai

BEIJING ((DailyNews)) — A strong typhoon made landfall on a group of Chinese islands on Wednesday as it headed toward the metropolis of Shanghai.Typhoon...

Asia shares rise as Wall Street on track to end loss streak

TOKYO ((DailyNews)) — Asian benchmarks mostly rose Thursday, as investor optimism got a perk from a rally on Wall Street that’s on track to...

China, Japan ground ferries, flights as typhoon approaches

BEIJING ((DailyNews)) — Cities in eastern China suspended ferry services and classes and flights were canceled in Japan on Sunday as Typhoon Hinnamnor, the...

China backs away from growth goal, sticks to virus controls

BEIJING ((DailyNews)) — China’s leaders effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year and said Thursday they will...

Asian shares mixed after China says growth weakened in 2Q

BANGKOK ((DailyNews)) — Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as...

Hong Kong burnishes China ties as luster as global hub fades

HONG KONG ((DailyNews)) — Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist...

China launches high-tech aircraft carrier in naval milestone

BEIJING ((DailyNews)) — Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a...

Asia shares slide across board amid rate hike, COVID worries

TOKYO ((DailyNews)) — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases...

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