Latest Shanghai News

World markets mostly lower as investors await Fed report

Mar. 20, 2019 8:44 AM EDT

BANGKOK (AP) — Shares were mostly falling in Europe after a lackluster day of trading in Asia and U.S. markets appeared set for a slightly higher open ahead of the Federal Reserve's policy statement. Germany's DAX sank 1.2 percent to 11,644, dragged down by a profit warning by BMW and a court ruling...

Asian markets trend lower, tracking Wall St losses

Mar. 20, 2019 12:11 AM EDT

BANGKOK (AP) — Markets in Asia are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-U.S. trade talks also revived caution in Chinese markets. The Shanghai Composite lost 1 percent to 3,059.17 in early trading Wednesday and Hong Kong's Hang Seng fell 0.5...

Global markets recover as focus turns towards Fed decision

Mar. 19, 2019 8:49 AM EDT

LONDON (AP) — Global stock markets recovered their poise Tuesday after a lackluster session in Asia as investors digested the latest bout of Brexit uncertainty and prepared for a key U.S. Federal Reserve meeting. In Europe, France's CAC 40 rose 0.5 percent to 5,440, while Germany's DAX climbed 1 percent to...

Asian shares mixed in muted trading ahead of US Fed meeting

Mar. 18, 2019 11:55 PM EDT

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost 0.3 percent to 21,528.23 in early trading. Australia's S&P/ASX 200 edged down 0.1 percent to 6,182.10. South Korea's Kospi inched down...

Global shares rise as investors watch US-China trade talks

Mar. 18, 2019 8:21 AM EDT

TOKYO (AP) — European shares were mixed by midday while Asian markets closed higher on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies. France's CAC 40 was unchanged at 5,405. Germany's DAX slid 0.2...

Asian shares advance as investors watch US-China trade talks

Mar. 18, 2019 12:20 AM EDT

TOKYO (AP) — Shares rose in Asia on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies. Japan's benchmark Nikkei 225 added 0.7 percent in morning trading to 21,591.90. Australia's S&P/ASX 200 rose...

China's moves on foreign investment help shore up markets

Mar. 15, 2019 8:55 AM EDT

LONDON (AP) — Hopes that the U.S. and China will resolve their trade dispute as Beijing tweaked rules on foreign investment has helped shore up global stock markets on Friday. Following a week dominated by Brexit uncertainty, traders focused on the annual session of China's ceremonial congress, which ended...

Asian shares shrug off Wall St losses as China ends congress

Mar. 15, 2019 12:53 AM EDT

Shares were higher Friday in Asia after a day of lackluster trading on Wall Street. Japan's Nikkei 225 index jumped 1 percent to 21,501.48 as the Bank of Japan ended a policy meeting by keeping its key interest rate at minus 0.1 percent, maintaining its stance of extreme monetary easing and lavish stimulus....

World stocks rise ahead of vote to push Brexit back

Mar. 14, 2019 9:07 AM EDT

LONDON (AP) — Global stock markets pushed higher on Thursday as traders awaited a vote that could delay Britain's March 29 exit from the European Union. In Europe, Britain's FTSE 100 added 0.5 percent to 7,195 and France's CAC 40 advanced 0.7 percent to 5,341. Germany's was 0.4 percent higher at 11,61....

European markets push ahead of another day of UK drama

Mar. 13, 2019 8:32 AM EDT

LONDON (AP) — European stock markets rose modestly Wednesday ahead of another day of high political drama in Britain following the latest heavy defeat of Prime Minister Theresa May's Brexit deal in Parliament. In Europe, the FTSE 100 index of leading British shares was up 0.3 percent at 7,170 while the CAC...