Latest Shanghai News

Global shares mixed amid optimism on US-China trade talks

Jun. 19, 2019 4:08 AM EDT

TOKYO (AP) — Global shares were mixed Wednesday amid optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. France's CAC 40 was little changed in early trading but slight lower at 5,507.46. Germany's DAX edged down 0.1% at 12,318.36. Britain's...

Asian shares up on trade optimism as Trump hints of Xi talks

Jun. 18, 2019 11:32 PM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70. South...

World shares rise after ECB says rate cuts possible

Jun. 18, 2019 7:53 AM EDT

SINGAPORE (AP) — Global shares rose Tuesday after the president of the European Central Bank said it was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on upcoming rate decisions by the U.S. Federal Reserve and the British and Japanese central banks this...

Global shares mixed as investors look ahead to Fed rates

Jun. 17, 2019 8:14 AM EDT

LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday as investors awaited a run of interest rate decisions, notably from the U.S. Federal Reserve, and more clarity over the trade dispute between the U.S. and China. The week will likely be dominated by central banks with those from...

Asian shares mostly higher as investors look ahead to Fed

Jun. 16, 2019 11:35 PM EDT

TOKYO (AP) — Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan's benchmark Nikkei 225 gained 0.3% to 21,170.63 in morning trading. Australia's S&P/ASX 200 lost 0.3% to 6,535.50, while South...

Concerns over Persian Gulf escalation weigh on markets

Jun. 14, 2019 7:54 AM EDT

TOKYO (AP) — Global shares mostly fell Friday as investors fretted over the mounting crisis in the Persian Gulf and lingering worries about trade conflict between the U.S. and China. The U.S. has blamed the suspected attacks Thursday on two oil tankers near the strategic Strait of Hormuz on Iran and that...

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

Oil surges on Mideast tanker incident, stocks rise

Jun. 13, 2019 8:06 AM EDT

SINGAPORE (AP) — World stocks mostly rose Thursday and energy prices surged after two oil tankers suffered a suspected attack in the Gulf of Oman, raising tensions over a key trade route for crude. The price of Brent crude oil, the international standard, jumped nearly 4% to $62.24 a barrel on the news. ...

China's trade rep says 'external pressures' can help economy

Jun. 13, 2019 6:28 AM EDT

BEIJING (AP) — Chinese media reported Thursday that the country's top trade negotiator said "external pressures" can help the country's economy. Vice Premier Liu He, speaking at a forum in Shanghai, described the pressures that China is currently facing as an "inevitable test," according to Hong Kong's...

Asian shares mixed on jitters over Hong Kong protests

Jun. 13, 2019 12:12 AM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory's legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and...