Latest Shanghai News

Stocks open higher on Wall Street as Big Tech regains ground

May. 13, 2021 09:48 AM EDT

Stocks are opening higher on Wall Street following three days of losses and the biggest one-day drop in the S&P 500 since February. Big Tech companies like Apple and Microsoft, which had posted some of the bigger losses this week, were rising in the early going Thursday. the S&P 500...

Army of fake fans boosts China’s messaging on Twitter

May. 12, 2021 06:22 AM EDT

BRUSSELS (AP) — China’s ruling Communist Party has opened a new front in its long, ambitious war to shape global public opinion: Western social media. Liu Xiaoming, who recently stepped down as China’s ambassador to the United Kingdom, is one of the party’s most...

Asian stocks mixed after Wall St falls on inflation fears

May. 12, 2021 00:23 AM EDT

BEIJING (AP) — Asian stock markets retreated Wednesday as investors looked ahead to U.S. data they worry will show inflation is picking up. Shanghai, Tokyo and Southeast Asian markets declined. Hong Kong advanced. Overnight, Wall Street's benchmark...

Bob Dylan artwork to go on display in the U.S. this year

May. 10, 2021 12:58 PM EDT

The largest collection of Bob Dylan’s artwork ever seen will go on display later this year in the U.S. “Retrospectrum” spans six decades of Dylan’s art, featuring more than 120 of the artist’s paintings, drawings and sculptures. Building...

Asian shares mixed after strong earnings, data lift Wall St

May. 03, 2021 23:30 PM EDT

Asian shares were mixed after strong corporate earnings and economic data lifted stocks on Wall Street. Hong Kong and Sydney advanced while Seoul declined. Tokyo and Shanghai were closed for holidays. On Monday, a strong dose of positive earnings...

Russia turns to China to make Sputnik shots to meet demand

May. 03, 2021 09:04 AM EDT

TAIPEI, Taiwan (AP) — Russia is turning to multiple Chinese firms to manufacture the Sputnik V coronavirus vaccine in an effort to speed up production as demand soars for its shot. Russia has announced three deals totaling 260 million doses with Chinese vaccine...

Asian shares mostly lower; China, Japan closed for holidays

May. 02, 2021 23:46 PM EDT

Shares were mostly lower in Asia in thin trading Monday, with many markets including those in Tokyo and Shanghai closed for holidays. The declines follow a retreat Friday on Wall Street, where the S&P 500 gave up 0.7% but still closed out its best month so far this...

Chinese university plan causes security concerns in Hungary

May. 02, 2021 02:58 AM EDT

BUDAPEST, Hungary (AP) — Piles of garbage, discarded debris and abandoned buildings are scattered across a post-industrial area on the left bank of the Danube River, just south of the grandiose downtown of Hungary's capital, Budapest. The area has been unused for...

Asian shares, US futures advance after Biden speech

Apr. 29, 2021 00:12 AM EDT

Asian shares rose Thursday and U.S. futures also were higher after President Joe Biden delivered a speech to Congress that outlined ambitious plans for jobs creating spending on early education, child care and other public services. Shares rose in Hong Kong, Shanghai,...

Asia stocks lower after Wall St record ahead of Fed meeting

Apr. 26, 2021 23:52 PM EDT

BEIJING (AP) — Asian stock markets fell Tuesday after Wall Street rose to a new record as investors looked ahead to this week's Federal Reserve meeting for assurance interest rates will be kept ultra-low. Shanghai, Tokyo, Hong Kong and South Korea declined. ...