President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
The first debates will give most of the contenders their biggest platform yet to present themselves to the American people.Politicsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
That's the problem Boeing employees at the company's Renton, Wa. factory are dealing with as the aircraft manufacturer tries to figure out where to put 100 grounded 737 Max...Airlinesread more
The Supreme Court refused to overturn a precedent that strengthened the power of government regulators in a closely watched case that could have had broad ramifications for...Politicsread more
Apple made Comcast and Charter agree to sell iPads, Apple TVs and other lower-volume devices as part of the cable companies' deal to offer the iPhone on their mobile service.Technologyread more
President Trump says "I hope we don't" have a war with Iran but it "would not last very long."Politicsread more
According to a new study from Oxford Economics, within the next 11 years there could be 14 million robots put to work in China alone.Technologyread more
Protesters numbering more than 200,000 marched through Hong Kong on Sunday in a mass rally calling for the withdrawal of a local government proposal to allow fugitives to be handed over to authorities in China, marking one of the biggest demonstrations in the city in years.
Hong Kong, an important global trade and finance hub of about 7.4 million people, has for nearly 22 years been a semi-autonomous region of the People's Republic of China with its own legal system, a legacy of its time as a British colony.
Opposition to legal amendments under debate to allow extraditions for certain crimes to jurisdictions with which Hong Kong has no such agreement — including the Chinese mainland — has been increasing for weeks, with an array of groups, including local lawmakers, legal and business organizations and even foreign governments expressing concern.
Shouting "oppose extradition to China," huge crowds of demonstrators marched peacefully along a main thoroughfare in sweltering humidity. Many held up signs or carried large banners expressing the same sentiment.
Organizer Civil Human Rights Front claimed that one million people joined the rally, though police estimated a peak figure of 240,000. That number was far larger than the previous large-scale rally on the issue on April 28 which police said at the time drew about 22,800 people, yet short of the half million that reportedly took part in a protest in 2003 over a proposed security law.
The government appeared unbowed, releasing a statement late Sunday recognizing the "large" size of the march though vowing to press ahead.
"As a free, open and pluralistic society, we acknowledge and respect that people have different views on a wide range of issues," it said, calling on the Legislative Council, the local assembly, to examine the bill "in a calm, reasonable and respectful manner to help ensure Hong Kong remains a safe city for residents and business."
Local television news showed footage of police struggling to control crowds. A police spokeswoman said that a total of seven men were arrested for alleged offenses including assaulting police officers.
The growing extradition controversy underscores growing unease over what is seen as increasing Chinese political influence in local affairs and worries the Hong Kong government has little recourse but to accept it.
In 2014, Hong Kong was shaken by rallies calling for a greater local say in how the territory's chief executive, the top official, is elected. Under the current system, only figures acceptable to the Chinese central government can run for the office.
Local pro-democracy group Demosisto, which played a leading role in the protests five years ago, said in a statement Sunday that it was launching a "peaceful" sit-in outside the Legislative Council in a bid to block the block the plan.
Opponents of the plan say that Hong Kong's autonomy, guaranteed for at least 50 years under a Sino-British agreement negotiated ahead of the handover on July 1, 1997, is in danger of further erosion .
Ken Cheung, a Hong Kong resident watching the rally, said that the local legal system is the central factor that makes the city different from the mainland and the key attraction for foreign businesses.
"I think this time is quite serious because the main core value of Hong Kong is being interfered with," he told CNBC.
The Hong Kong government says fears that the territory's legal, political and economic system is in danger of compromise are unfounded and reiterated that view Sunday.
"It is not correct to state or imply that the proposal will in any way impact on, interfere with, or have a chilling effect on the freedom of assembly, of the press, of speech, of academic freedom or publication; or relate to offences of a political nature," it said in an email to journalists ahead of the demonstration.
It cited "all the safeguards and human rights protections of the existing" law and stressed that the bar for handing anyone over is even higher under the proposed changes.
But Hong Kong resident Man Tang, who joined the demonstration, dismissed that, saying she doesn't trust the government and thinks anyone could ultimately end up in a Chinese jail.
"I think we still need to stand up to speak out and let the government, or let the world, know our voice," Tang said, even though she added it is unclear if it will have any impact. "We have the voice, we have to speak out."
The government says the legal changes are necessary, citing a case last year when a Hong Kong man allegedly killed his girlfriend while in Taiwan before subsequently returning home. The government says he can't currently be extradited to Taiwan, though legal critics reject that interpretation and say there are various ad hoc measures it could take.
The Chinese government has called the issue an internal affair of Hong Kong, but is also on record as supporting the changes.
"They will only improve instead of undermining the rule of law in (Hong Kong), and better safeguard the rights and freedoms that Hong Kong residents enjoy in accordance with law," the foreign ministry's local office said on its website on May 31.
A spokesman for the office could not immediately be reached for comment Sunday on the protest.
The latest demonstration comes at a sensitive time, sandwiched between the 30th anniversary of the Chinese crackdown on political protests in Beijing's Tiananmen Square on June 4 and the upcoming anniversary of Hong Kong's return to Chinese control.
Tens of thousands gathered in Hong Kong on June 4 to commemorate the Tiananmen anniversary, in stark contrast to the mainland where such gatherings are forbidden.