Latest Shanghai News

Global stocks turn lower as US-China tariff truce in focus

Oct. 14, 2019 7:44 AM EDT

BEIJING (AP) — Global shares turned lower Monday after the U.S. and China announced a truce on tariff hikes but uncertainty remained over their wide-ranging economic dispute. London and Frankfurt declined and Wall Street was set for small losses on the open, while Asian markets largely closed higher....

Asian stocks gain after US-China announce truce on tariffs

Oct. 14, 2019 12:34 AM EDT

BEIJING (AP) — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on...

Medvedev wins Shanghai Masters for fourth title of the year

Oct. 13, 2019 8:52 AM EDT

SHANGHAI (AP) — Daniil Medvedev extended the form that made him the hottest player in men's tennis when he captured the Shanghai Masters title with a 6-4, 6-1 win over Alexander Zverev on Sunday. The third-seeded Medvedev picked up his third title in six consecutive finals played since the tour returned to...

Medvedev reaches sixth consecutive final at Shanghai Masters

Oct. 12, 2019 10:14 AM EDT

SHANGHAI (AP) — Third seed Daniil Medvedev flexed his muscles at the Shanghai Masters on Saturday to reach a sixth consecutive tournament final. The confident Russian, through to his ninth final of the year, outlasted sixth seed Stefanos Tsitsipas of Greece 7-6 (5), 7-5.  Medvedev has won a tour-best...

Nationalism over NBA fandom: Fans support 'motherland' China

Oct. 12, 2019 1:15 AM EDT

BEIJING (AP) — When Wu Xintong's favorite team, the Los Angeles Lakers, played the Brooklyn Nets in Shanghai this Thursday, she broke a viewing streak of more than 10 years and deliberately missed the game. Until recently, the 20-year-old student in northern Hebei province had followed her idol, Kobe...

Federer, Djokovic both lose in Shanghai quarterfinals

Oct. 11, 2019 11:05 AM EDT

SHANGHAI (AP) — Roger Federer and Novak Djokovic went from perfectly unbeatable to unbelievably beaten in the quarterfinals of the Shanghai Masters. Federer and Djokovic had been a combined 13-0 in Shanghai with a spot in the semifinals on the line, but both lost Friday. Federer saved five match points in...

NBA decides to remain silent for rest of China trip

Oct. 11, 2019 8:51 AM EDT

The NBA will complete its trip to China in silence. Saturday's game between the Los Angeles Lakers and the Brooklyn Nets to end this year's NBA China Games series will be played as scheduled in Shenzhen, though there will be no news conferences for players or coaches before or after that contest. The NBA came to...

Global stocks higher on US-China trade optimism

Oct. 11, 2019 7:43 AM EDT

BEIJING (AP) — Global stocks rose sharply Friday on optimism about U.S.-Chinese talks on ending a tariff war, while oil prices gained as much as 2% after a rocket attack on an Iranian tanker. Benchmarks in Frankfurt, Paris, London, Shanghai and Tokyo all advanced and Wall Street was set to open sharply...

Irving aggravates injury, Nets hold off Lakers in Shanghai

Oct. 11, 2019 1:40 AM EDT

Kyrie Irving flew halfway around the world to play for 66 seconds. Irving aggravated his facial fracture shortly after tip-off in his preseason debut for the Brooklyn Nets, who beat the Los Angeles Lakers 114-111 in the debut of this year's two-game NBA China Games series on Thursday in Shanghai. Spencer...

Asian stocks follow Wall Street higher on trade optimism

Oct. 10, 2019 11:58 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Benchmarks in Tokyo, Hong Kong and Seoul advanced, while Shanghai edged lower following a week of gains. Traders were encouraged by President Donald Trump's plan to meet...