By Joe McDonald The Associated Press BEIJING (AP) — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such businesses would be allowed. Both […]
Lovebirds in China are embracing a sense of normalcy as the COVID pandemic appears to be under control in the country where it was first detected.
By Stephen Wade and Yuri Kageyama The Associated Press TOKYO (AP) — Tick-Tock-Tick. The countdown clock for the postponed Tokyo Olympics hit 200 days to go on Jan. 4. Tick-Tock-Tick. Also on Jan. 4, Japanese Prime Minister Yoshihide Suga said he would consider calling a state of emergency as new coronavirus cases surge to record […]
Zhong Shanshan rose to become Asia’s richest man with a worth of nearly $77.8 billion on Dec. 31. According to Bloomberg, Zhong, 66, a bottled water and vaccine tycoon, is the 11th richest person on the planet. “It’s one of the fastest accumulations of wealth in history,” said the report as Zhong’s businesses surged from […]
By JOE McDONALD AP Business Writer BEIJING (AP) — The New York Stock Exchange has withdrawn plans to delist shares of three Chinese state-owned phone carriers. The shares were to be removed under an order from President Donald Trump, a move Beijing had warned might lead to retaliation. The exchange cited “further consultation’’ with regulators […]
Eric Roman struts onstage in his torn jeans and grasps the microphone.
BEIJING (AP) — A Chinese court on Dec. 28 sentenced a former lawyer who reported on the early stage of the coronavirus outbreak to four years in prison on charges of “picking fights and provoking trouble,” one of her lawyers said. The Pudong New Area People’s Court in the financial hub of Shanghai gave the […]
With Americans, Britons, and Canadians rolling up their sleeves to receive coronavirus vaccines, the route out of the pandemic now seems clear to many in the West, even if the rollout will take many months. But for poorer countries, the road will be far longer and rougher.
HONG KONG (AP) — Jimmy Lai, the 73-year-old Hong Kong media tycoon and advocate for democracy, was denied bail on Dec. 12 after being charged the previous day under the semi-autonomous Chinese territory’s new national security law. Lai faces a charge of collusion with foreign elements to endanger national security, apparently for tweets he made […]
By AIJAZ RAHI Associated Press THULASENDRAPURAM, India (AP) — Waking up to the news of Kamala Harris’ election as U.S. vice president, overjoyed people in her Indian grandfather’s hometown set off firecrackers and offered prayers on Nov 8. Groups gathered at street corners in Thulasendrapuram, a tiny village of 350 people, reading newspapers and chatting […]