Latest Shanghai News
Taipei mayor calls for less confrontation as China continues sending ships, planes near island
TAIPEI, Taiwan (AP) — The China-friendly mayor of Taiwan’s capital, Taipei, on Tuesday called for less confrontation between the sides, even as Beijing continues to send warships and fighter jets to intimidate the self-governing island democracy. Chiang Wan-an was speaking...
Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve's meeting
NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four. The Nasdaq...
Stock market today: Wall Street hits more records following a just-right jobs report
NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on...
China sentences journalist detained at meal with Japanese diplomat to 7 years for espionage
BANGKOK (AP) — A court in Beijing on Friday sentenced a prominent Chinese journalist to seven in years in prison for espionage, his family said. Dong Yuyu, a commentator and editor, was taken away by police while meeting a Japanese diplomat at a restaurant in February 2022. He has...
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
BANGKOK (AP) — Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations. The companies also said Wednesday that they were extending their...
111: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Wednesday reported a loss of $2.4 million in its third quarter. On a per-share basis, the Shanghai-based company said it had a loss of 2 cents. The Operator of a digital and mobile healthcare platform in China posted...
Noah: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Tuesday reported profit of $19.2 million in its third quarter. The Shanghai-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring costs, were 30 cents per share. ...
H World Group: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — H World Group Limited (HTHT) on Tuesday reported profit of $181 million in its third quarter. The Shanghai-based company said it had profit of 57 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 61 cents...
ZKH Group: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — ZKH Group (ZKH) on Friday reported a loss of $11.7 million in its third quarter. On a per-share basis, the Shanghai-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense, came to 6 cents per share. ...
GDS Holdings: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $27.4 million in its third quarter. The Shanghai-based company said it had a loss of 16 cents per share. The results beat Wall Street expectations. The average estimate of...
