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A currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 20, 2022. (AP Photo/Ahn Young-joon)

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Asian markets follow Wall St lower amid gloomy outlook
By JOE MCDONALD - AP Business Writers
Mon,12/19/22-12:08AM , 128 Reads
BEIJING (AP) — Asian stock markets extended their losses Tuesday amid gloom about weaker global economic growth as central banks raise interest rates to cool inflation.

Shanghai, Hong Kong and Sydney declined. Tokyo advanced. Oil prices rose almost $1 per barrel.
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A person stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Dec. 19, 2022, in Tokyo. Asian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation. (AP Photo/Eugene Hoshiko)

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Asian stock markets sink under global recession fears
By JOE MCDONALD - AP Business Writer
Sun,12/18/22-9:52PM , 78 Reads
BEIJING (AP) — Asian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation.

Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose by almost $1 per barrel but benchmark U.S. crude stayed below $80.
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Workers in protective gear wait to administer a COVID-19 test at a quiet coronavirus testing site in Beijing, Sunday, Dec. 11, 2022. Facing a surge in COVID-19 cases, China is setting up more intensive care facilities and trying to strengthen hospitals as Beijing rolls back anti-virus controls that confined millions of people to their homes, crushed economic growth and set off protests. (AP Photo/Andy Wong)

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Facing COVID surge, China expanding hospitals, ICUs
By JOE MCDONALD - Associated Press
Sat,12/10/22-11:14PM , 167 Reads
BEIJING (AP) — Facing a surge in COVID-19 cases, China is setting up more intensive care facilities and trying to strengthen hospitals as it rolls back anti-virus controls that confined millions of people to their homes, crushed e
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A resident carries away medicine bought at a pharmacy in Beijing, Friday, Dec. 9, 2022. China began implementing a more relaxed version of its strict "zero COVID" policy on Thursday amid steps to restore normal life, but also trepidation over a possible broader outbreak once controls are eased. (AP Photo/Ng Han Guan)

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China struggles with COVID infections after controls ease
By JOE MCDONALD - Associated Press
Fri,12/09/22-1:48AM , 200 Reads
BEIJING (AP) — A rash of COVID-19 cases in schools and businesses were reported Friday in areas across China after the ruling Communist Party loosened anti-virus rules as it tries to reverse a deepening economic slump.
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