Latest Shanghai News
The Latest: Portugal halts flights to UK over virus variant
LISBON, Portugal -- Portugal is stopping flights to and from the United Kingdom from Saturday, blaming a COVID-19 variant first identified in the U.K. for a devastating surge in new Portuguese cases. The move comes a week after the British government halted flights to and from Portugal in an effort to prevent a...
Global stocks sink after China coronavirus resurgence
BEIJING (AP) — Global stock markets and U.S. futures retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. London and Frankfurt opened lower and Shanghai, Hong Kong and Tokyo declined. Optimism about the rollout of coronavirus vaccines was dented by a...
Asian stocks sink after China coronavirus resurgence
BEIJING (AP) — Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. Shanghai, Hong Kong, Tokyo and Australia declined. South Korea advanced. Overnight, Wall Street closed higher. Gains for tech stocks offset losses elsewhere....
The Latest: Shanghai locks down 2 major hospitals over cases
BEIJING — Shanghai has imposed lockdowns on two of China’s best-known hospitals after they were linked to new coronavirus cases. Outpatient services have been suspended at Fudan University Shanghai Cancer Center and Renji Hospital, both of which have been cordoned off along with some surrounding...
Asia Today: Shanghai outbreak prompts 2 hospital lockdowns
BEIJING (AP) — Shanghai has imposed lockdowns on two of China's best-known hospitals after they were linked to new coronavirus cases. Outpatient services have been suspended and Fudan University Shanghai Cancer Center and Renji Hospital affiliated with Shanghai Jiao Tong University School of Medicine, have...
Asian shares rise on optimism for more stimulus from Biden
TOKYO (AP) — Asian shares rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, setting off a recovery that's crucial for the export-driven...
Jack's back: Chinese e-tycoon ends silence with online video
BEIJING (AP) — China’s highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group. In the 50-second video, Ma congratulated teachers...
Japan shares fall on pandemic worries as rest of Asia rises
TOKYO (AP) — Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases. Japan's benchmark Nikkei 225 lost early gains to slip 0.4% in morning trading to 28,515.21. Australia's...
World shares subdued despite strong growth data from China
Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in Hong Kong, Paris and Shanghai. Most U.S. markets are closed for a national holiday. Investors appear to...
Asian shares mixed following Biden speech, Wall St retreat
Asian shares were mixed on Friday after a late slide in several Big Tech stocks left major indexes lower on Wall Street. U.S. futures were trading slightly lower after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden...
LOADING MORE STORIES
