AP Week in Pictures: Asia
May 10-16, 2024
Trade asian news
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
Tune in to CNBC all week to hear from the 2024 Disruptor 50 companies
Dow closes lower Thursday after briefly topping 40,000 for first time: Live updates
The Dow Jones Industrial Average closed slightly lower Thursday after briefly jumping above 40,000 for the first time.
The changing face of the Dow: See the names that have come and gone on the path to 40,000
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.
U.K. spy case fuels calls for closure of Hong Kong trade offices
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.
Xi Jinping and Vladimir Putin agree to bolster trade amid 'storms'
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.
China EV makers rush cars to Mexico and Brazil amid tariff concerns
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.
Yen rises to 153 during Tokyo hours as U.S. consumer inflation eases
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.