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Delayed Asian Games rescheduled to start in September 2023

July 19, 2022 GMT

KUWAIT CITY (AP) — The Asian Games have been rescheduled to start on Sept. 23 next year in Hangzhou, China, more than 12 months after the original date.

The Olympic Council of Asia on Tuesday confirmed the delayed games would be held from Sept.

Best: Q1 Earnings Snapshot

June 8, 2022 GMT

HANGZHOU, China (AP) _ Best Inc. (BEST) on Wednesday reported a loss of $56.7 million in its first quarter.

On a per-share basis, the Hangzhou, China-based company said it had a loss of 73 cents.

Alibaba: Fiscal Q4 Earnings Snapshot

May 26, 2022 GMT

HANGZHOU, China (AP) _ Alibaba Group Holding Ltd. (BABA) on Thursday reported a loss of $2.56 billion in its fiscal fourth quarter.

The Hangzhou, China-based company said it had a loss of 96 cents per share.

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NetEase: Q1 Earnings Snapshot

May 24, 2022 GMT

HANGZHOU, China (AP) _ NetEase Inc. (NTES) on Tuesday reported first-quarter net income of $693.1 million.

The Hangzhou, China-based company said it had net income of $1.05 per share. Earnings, adjusted for stock option expense, were $1.22 per share.

Shanghai Patient Receive Medicine from Hangzhou within 24 Hours Amid Pandemic

April 25, 2022 GMT

Best: Q4 Earnings Snapshot

March 8, 2022 GMT

HANGZHOU, China (AP) _ Best Inc. (BEST) on Tuesday reported fourth-quarter net income of $309.8 million, after reporting a loss in the same period a year earlier.

The Hangzhou, China-based company said it had net income of 80 cents per share.

Alibaba: Fiscal Q3 Earnings Snapshot

February 24, 2022 GMT

HANGZHOU, China (AP) _ Alibaba Group Holding Ltd. (BABA) on Thursday reported fiscal third-quarter earnings of $3.21 billion.

On a per-share basis, the Hangzhou, China-based company said it had profit of $1.18.

NetEase: Q4 Earnings Snapshot

February 24, 2022 GMT

HANGZHOU, China (AP) _ NetEase Inc. (NTES) on Thursday reported fourth-quarter profit of $893.5 million.

On a per-share basis, the Hangzhou, China-based company said it had net income of $1.34.

Top official in eastern China’s Hangzhou under investigation

August 22, 2021 GMT

BEIJING (AP) — China's ruling Communist Party is investigating the top official in the eastern tech and tourism hub of Hangzhou for what it called serious violations of discipline and law, usually considered shorthand for corruption.

China cancels flights, moves ships as typhoon approaches

July 24, 2021 GMT

BEIJING (AP) — Airline flights were canceled in eastern China and cargo ships were ordered out of the area Saturday as Typhoon In-fa churned toward the mainland after dumping rain on Taiwan.

In-fa was forecast to hit the coast of Zhejiang province, south of Shanghai, on Sunday afternoon or evening, the provincial weather department announced.

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Train strikes, kills 9 workers on track in northwest China

June 4, 2021 GMT

BEIJING (AP) — A cross-country passenger train hit and killed nine rail construction workers on its track in northwest China early Friday, state media said.

The victims were among more than 50 workers repairing a closed section of track, state broadcaster CCTV said on its news app.

Chinese safari park concealed leopards’ escape for 2 weeks

May 11, 2021 GMT

BEIJING (AP) — Authorities in eastern China used drones and hunting dogs to search for the last of three leopards that escaped from a safari park, which faced strong public criticism for concealing the breakout for more than two weeks...

Canaan: Q4 Earnings Snapshot

April 12, 2021 GMT

HANGZHOU, China (AP) _ Canaan Inc. (CAN) on Monday reported a loss of $11 million in its fourth quarter...

World University Games in China postponed until 2022

April 2, 2021 GMT

LAUSANNE, Switzerland (AP) — The World University Games that were due to open in China in just over four months have been postponed until next year, the governing body the FISU said on Friday...

China slump squeezes workers, hammers consumer spending

By JOE McDONALDJanuary 18, 2019 GMT

BEIJING (AP) — Yu Mingang had a good job helping Chinese manufacturers prepare to sell shares to the public until the cooling economy derailed those plans...

Report: Alibaba co-founder Jack Ma to retire

September 8, 2018 GMT

SAN FRANCISCO (AP) — The New York Times is reporting that Jack Ma, the co-founder and executive chairman of Chinese e-commerce behemoth Alibaba Group, is retiring...

Bach: No Olympic future for esports until ‘violence’ removed

By STEPHEN WADESeptember 1, 2018 GMT

JAKARTA, Indonesia (AP) — International Olympic Committee President Thomas Bach isn't certain if, or when, esports might be incorporated into the Olympic Games...

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Esports into Asian Games; Could the Olympics be next?

By STEPHEN WADEAugust 27, 2018 GMT

JAKARTA, Indonesia (AP) — Esports is debuting as an exhibition sport at the Asian Games and is targeted for full inclusion in four years at the games in Hangzhou, China...

3 UCLA basketball players suspended after theft in China

By BETH HARRISNovember 16, 2017 GMT

LOS ANGELES (AP) — Three UCLA basketball players detained for shoplifting at three high-end stores in China publicly apologized Wednesday before coach Steve Alford announced they were being suspended indefinitely...

3 UCLA players face punishment at home after China incident

By BETH HARRISNovember 15, 2017 GMT

LOS ANGELES (AP) — Three UCLA basketball players detained in China on suspicion of shoplifting returned home, where they may be disciplined by the school as a result of the international scandal...

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