China’s factory activity at lowest reading since April; Asia markets mixed

China's factory activity at lowest reading since April;  Asia markets largely higher

Bitcoin briefly crosses $17,000 to highest levels since mid-November The price of bitcoin briefly surpassed $17,000 in Asia’s morning session for the first time since mid-November. Bitcoin pink 2.2% from the 24 hours previous, according to Corner Metrics and last traded at $16,863.07 per coin. Ether also rose, and was up 4.74% in the past … Read more

Chinese spaceship with 3 aboard docks with space station

Chinese spaceship with 3 aboard docks with space station

BEIJING (AP) — Three Chinese astronauts docked early Wednesday with their country’s space station, where they will overlap for several days with the three-member crew already onboard and expand the facility to its maximum size. Docking with the Tiangong station came at 5:42 am Wednesday, about 6 1/2 hours after the Shenzhou-15 spaceship blasted off … Read more

China’s factory activity at lowest reading since April; Asia markets largely higher

China's factory activity at lowest reading since April;  Asia markets largely higher

China’s factory activity misses expectations, contracts for a second straight month China’s official manufacturing Purchasing Managers’ Index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s lower than the expectations of analysts polled by Reuters, who predicted a reading of 49. October’s PMI was 49.2. PMI readings are … Read more

China launches 3 astronauts to new space station

China launches 3 astronauts to new space station

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — Three astronauts lifted off to China’s nearly completed space station on Tuesday, marking the beginning of the country’s long-term presence in space. It’s a major achievement for China’s ambitious space program, which has … Read more

Students feel home, police on patrol as China curbs protests

Students feel home, police on patrol as China curbs protests

BEIJING (AP) — Chinese universities sent students home and police fanned out in Beijing and Shanghai to prevent more protests Tuesday after crowds angered by severe anti-virus restrictions called for leader Xi Jinping to resign in the biggest show of public dissent in decades. Authorities have eased some controls after demonstrations in at least eight … Read more

China’s security apparatus swings into action to smother Covid protests

China's security apparatus swings into action to smother Covid protests

CNN — China’s vast security apparatus has moved swiftly to smother mass protest that swept the country, with police patrolling streets, checking cell phones and even calling some demonstrators to warn them against a repeat. In major cities on Monday and Tuesday, police flooded the sites of protests that took place over the weekend, when … Read more

Asian shares rise except Japan as markets eye China protests

Asian shares rise except Japan as markets eye China protests

TOKYO (AP) — Asian shares were mostly higher Tuesday as market jitters declined over protests in China set off by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while shares fell in Japan. Oil prices fall. Japanese government data released Tuesday showed that the unemployment rate … Read more

Hong Kong stocks rise 3% in Asia session; China’s Covid situation remains in focus

Hong Kong stocks rise 3% in Asia session;  China's Covid situation remains in focus

Japan’s unemployment rate unchanged, retail sales miss estimates Japan’s unemployment rate for October was steady from September’s reading of 2.6%, according to official data. The figure is slightly higher than the mean expectation of 2.5% from economists polled by Reuters. Tea jobs-to-applicant ratio, which measures active job openings per jobseeker, was at 1.35. That indicates … Read more

China protests: At the heart of protests against zero-Covid, young people cry for freedom

China protests: At the heart of protests against zero-Covid, young people cry for freedom

A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. CNN — For the first time in decades, thousands of people have challenged Chinese authorities to protest at universities and on … Read more

Apple stock down on report of iPhone production shortage

Apple stock down on report of iPhone production shortage

Shares of Apple fell nearly 2% Monday after Bloomberg reported the company could see a production shortfall of nearly 6 million iPhone Pro models because of unrest at a Foxconn factory in China. Bloomberg, citing a source, said Apple and its contract manufacturer Foxconn do expect to be able to make up that shortfall in … Read more