Latest Shanghai News

Korda takes 1-shot lead in Shanghai with 6-under 66

Oct. 19, 2019 7:54 AM EDT

SHANGHAI (AP) — Jessica Korda shot a 6-under 66 in the third round, with eight birdies and two bogeys, to take a one-shot lead at the Buick LPGA Shanghai on Saturday. "I've been struggling a little bit with my swing, so I've been working on it every day. It's slowly starting to kind of take its groove,"...

Brooke Henderson makes hole-in-one, leads LPGA Shanghai

Oct. 18, 2019 6:00 PM EDT

SHANGHAI (AP) — Brooke Henderson made a hole-in-one on the second hole and shot a tournament-record 8-under 64 to take second-round lead Friday in the Buick LPGA Shanghai, the first of four straight events in Asia. Henderson used an 8-iron on the 144-yard second at Qizhong Garden. "I didn't see it at all,...

Global markets brush off disconcerting data out of China

Oct. 18, 2019 8:09 AM EDT

BANGKOK (AP) — Global markets largely brushed off more disconcerting economic signals from China, which on Friday reported that its economy grew at its slowest pace in 26 years last quarter. The 6% growth pace China reported for July-September was worse than most economists were expecting, highlighting a...

Asian shares fall back after China reports economy weakened

Oct. 18, 2019 12:00 AM EDT

BANGKOK (AP) — Share prices retreated in Asia after China reported Friday that its economy grew at an annual rate of 6.0% in the latest quarter. The Shanghai Composite index gave up early gains, losing 0.6% to 2,960.55 while Hong Kong's Hang Seng shed 0.2% to 26,800.24. Australia's S&P ASX 200 declined...

Nasa Hataoka. Amy Yang share LPGA Tour lead in Shanghai

Oct. 17, 2019 5:44 PM EDT

SHANGHAI (AP) — Nasa Hataoka birdied three of the final six holes for a 5-under 67 and a share of the first-round lead with Amy Yang on Thursday in the Buick LPGA Shanghai, the first of four straight events in Asia. Hataoka won the Kia Classic in California in March and has finished in the top seven in her...

Global shares rally on tentative Brexit deal

Oct. 17, 2019 8:07 AM EDT

BANGKOK (AP) — Global markets were boosted Thursday by news that Britain and the European have agreed on an outline Brexit deal after days of intense negotiations. Benchmarks in London and Frankfurt rallied and Wall Street was positioned for gains when the market opens in New York. Although news of a...

Asian shares mixed on caution over China-US trade deal

Oct. 17, 2019 1:01 AM EDT

BANGKOK (AP) — Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. The semi-autonomous city's...

Back from China, Nets steer clear of controversy in remarks

Oct. 16, 2019 6:46 PM EDT

NEW YORK (AP) — The Brooklyn Nets played well and ate great on their trip to China. That was the tenor of their comments Wednesday after their first practice back home, downplaying the impact the ongoing international tension between the NBA and China had on them. The Nets steered clear of any statements...

Global shares mixed as investors await more earnings

Oct. 16, 2019 7:52 AM EDT

TOKYO (AP) — Global markets were mixed Wednesday as investors await another batch of earnings reports from U.S. companies and Brexit talks faltered yet again. Germany's DAX rose 0.3% to 12,666, while Britain's FTSE 100 fell 0.1% to 7,202. France's CAC 40 was flat to slightly lower at 5,699. U.S. shares...

Asian shares rise after Wall Street gain on solid earnings

Oct. 15, 2019 10:43 PM EDT

TOKYO (AP) — Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Japan's benchmark Nikkei 225 rose 1.6% in morning trading to 22,554.05, while Australia's S&P/ASX 200 gained 1.0% to 6,720.10, while South Korea's Kospi added 0.6% to...