Latest Shanghai News

Global shares turn higher as investors look to G-20 meeting

Jun. 26, 2019 7:26 AM EDT

TOKYO (AP) — Global shares were turned higher on Wednesday as investors await developments in trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week. France's CAC 40 was up 0.1% in midday trading, at 5,518. Germany's DAX was up 0.4% at 12,280 and...

Asian shares mostly lower as investors look to G-20 meeting

Jun. 25, 2019 11:04 PM EDT

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors awaited developments on the trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week. Japan's benchmark Nikkei 225 slipped 0.5% to 21,088.32 in early trading, while Australia's...

Global stocks sink ahead of Trump-Xi meeting at G-20 summit

Jun. 25, 2019 7:50 AM EDT

BEIJING (AP) — Global stock markets fell Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. Benchmarks in London, Frankfurt, Tokyo and Shanghai declined and Wall Street drifted toward a lower open. Traders looked ahead to a meeting...

China criticizes possible US penalties against banks

Jun. 25, 2019 7:08 AM EDT

BEIJING (AP) — China on Tuesday criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. The banks named by The Washington Post as facing possible loss of access to the U.S. financial system denied they were...

Asian stocks lower ahead of Trump-Xi meeting at G-20 summit

Jun. 25, 2019 12:12 AM EDT

BEIJING (AP) — Major Asian stock markets declined Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. Benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney were little-changed. Investors were encouraged by the...

World shares mixed ahead of Trump-Xi meet at G-20 summit

Jun. 24, 2019 7:38 AM EDT

BANGKOK (AP) — Global shares were mixed on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for this week in Osaka, Japan, at the Group of 20 summit. Oil prices rose as uncertainties over U.S. tensions with...

Thousands of employees do yoga in front of Disney castles

Jun. 21, 2019 4:12 PM EDT

ORLANDO, Fla. (AP) — Pluto wasn't doing a downward dog, but thousands of Disney workers unrolled their yoga mats in front of castles at the company's theme parks in Florida, California, France, Hong Kong and Shanghai. The mass yoga events around the world on Friday marked the fourth year that Disney...

Stocks subdued, oil keeps rising as Mideast tensions grow

Jun. 21, 2019 8:12 AM EDT

BANGKOK (AP) — Global stock markets were subdued Friday as investors became more cautious after the S&P 500 hit a record close and amid heightened tensions in the Persian Gulf between the U.S. and Iran. The price of oil continued to rise. Major airlines on Friday began rerouting flights to avoid areas...

Asian shares retreat after S&P 500 hits fresh record close

Jun. 21, 2019 1:05 AM EDT

BANGKOK (AP) — Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. Japan's Nikkei 225 index lost 0.8% to 21,286.49 and the Hang Seng in Hong Kong dropped 0.3% to 28,476.75....

Chinese crackdown on foreign names draws protest

Jun. 21, 2019 12:12 AM EDT

BEIJING (AP) — The Manhattan neighborhood, Venice Garden, the Vienna hotel chain — to the ears of the Chinese government, the names are too foreign-sounding and must go. Provinces and cities across China have been issuing notices pressuring both private and public officials to rename businesses,...