AP Week in Pictures: Asia
May 10-16, 2024
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The Dow Jones Industrial Average closed slightly lower Thursday after briefly jumping above 40,000 for the first time.
The Dow Jones Industrial Average reached a key milestone on Thursday, the latest in a more than 100-year ascent that's involved an everchanging group of stocks.
LONDON/NEW YORK -- "Shut down the ETOs!" chanted protesters in front of the Hong Kong Economic and Trade Office in central London on Tuesday, a day after the organization's manager was charged with allegedly spying for the Chinese territory.
SHANGHAI -- Chinese President Xi Jinping met his Russian counterpart Vladimir Putin in Beijing on Thursday and agreed to further bolster trade relations amid growing pressure from the West.
PALO ALTO, California/TAIPEI/TOKYO -- Chinese EV makers including BYD are rushing to ship vehicles to Mexico and Brazil in preparation for tariff hikes and other trade restrictions, Nikkei Asia has learned. That comes as Washington announced 100% tariffs on Chinese EVs on Tuesday, a move that is expected to be followed by more trade actions aimed at electric vehicles from China by the U.S. and its allies.
TOKYO -- The Japanese yen strengthened to 153.57 against the dollar during Tokyo trading hours on Thursday after data released the day before showed U.S. consumer inflation cooled in April, stoking investor speculation the U.S. Federal Reserve could cut its policy rate in the fall.