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Residents in a locked down community look out from a closed gate as a worker in protective gear monitors access on Sunday, March 13, 2022, in Beijing. The number of new coronavirus cases in an outbreak in China's northeast tripled Sunday and authorities tightened control on access to Shanghai in the east, suspending bus service to the city of 24 million and requiring a virus test for anyone who wants to enter. (AP Photo/Ng Han Guan)

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China shuts business center of Shenzhen to fight virus surge
By JOE MCDONALD - Associated Press
Sat,03/12/22-11:51PM , 224 Reads
BEIJING (AP) — China's government responded Sunday to a spike in coronavirus infections by shutting down its southern business center of Shenzhen, a city of 17.5 million people, and restricted access to Shanghai by suspending bus service.
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A man wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, March 10, 2022, in Tokyo. Japan's stock market benchmark soared 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate. (AP Photo/Eugene Hoshiko)

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Asian stocks surge after oil falls, easing inflation fears
By JOE MCDONALD - AP Business Writer
Tue,03/08/22-11:32PM , 248 Reads
BEIJING (AP) — Japan's stock benchmark soared 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate.
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People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, March 9, 2022. Asian stocks rebounded Wednesday after Wall Street declined and China reported inflation edged higher. (AP Photo/Vincent Yu)

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Asia stocks mixed after Wall St falls, US bans Russian oil
By JOE MCDONALD - AP Business Writer
Tue,03/08/22-12:16AM , 206 Reads
BEIJING (AP) — Asian stocks rebounded Wednesday after Wall Street declined and Chinese inflation edged higher.

Already high oil prices rose further, adding more than $2 per barrel following President Joe Biden's ban on imports of Russian crude.
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A delivery courier rides past a large video screen at a shopping mall showing Chinese Premier Li Keqiang speaking during the opening session of the annual meeting of China's National People's Congress (NPC) in Beijing, Saturday, March 5, 2022. (AP Photo/Ng Han Guan)

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China cuts economic growth goal as it tries to reverse slump
By JOE MCDONALD - Associated Press
Fri,03/04/22-7:26PM , 162 Reads
BEIJING (AP) — China on Saturday cut its annual economic growth target to its lowest level in decades as Beijing struggles to reverse a slump at a time when Russia’s war on Ukraine is pushing up oil prices and roi
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