Latest Shanghai News

Asian shares lower, Shanghai STAR tech board shares surge

Jul. 22, 2019 2:23 AM EDT

TOKYO (AP) — Asian shares were mostly lower Monday, tracking losses on Wall Street, though a newly launched technology stocks market in Shanghai soared with its trading debut. Prices of the 25 companies listed on the Shanghai Stock Exchange's STAR Market more than doubled, with one company, Anji...

Asian shares lower, Shanghai STAR tech board shares surge

Jul. 22, 2019 1:29 AM EDT

TOKYO (AP) — Asian shares were mostly lower Monday, tracking losses on Wall Street, though a newly launched technology stocks market in Shanghai soared with its trading debut. Prices of the 25 companies listed on the Shanghai Stock Exchange's STAR Market more than doubled, with one company, Anji...

China launches STAR, tech stock market to boost industry

Jul. 20, 2019 8:45 PM EDT

BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a path to...

Oil price rises on Mideast tensions, stock markets cautious

Jul. 19, 2019 7:07 AM EDT

BANGKOK (AP) — The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S. Energy prices...

Global stocks mostly slide on trade war fears

Jul. 18, 2019 7:34 AM EDT

BEIJING (AP) — Global stock markets mostly fell on Thursday after U.S. President Donald Trump said he could impose more tariffs on Chinese goods and Japan's exports tumbled. Benchmarks in London, Frankfurt, Shanghai and Tokyo all declined, as did Wall Street futures. Trump alarmed investors by saying he...

China launches STAR, tech stock market to boost industry

Jul. 18, 2019 1:39 AM EDT

BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a path to...

Asian stocks follow Wall Street lower on trade war fears

Jul. 17, 2019 11:46 PM EDT

BEIJING (AP) — Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined. Oil rebounded from the previous day's losses. Trump...

Martial penalty completes Man United's 4-0 win over Leeds

Jul. 17, 2019 6:19 PM EDT

PERTH, Australia (AP) — Anthony Martial's 69th-minute penalty completed the scoring in Manchester United's 4-0 win over Leeds on Wednesday for its second consecutive victory on a preseason tour. United led 2-0 at halftime on goals from 17-year-old Mason Greenwood in the seventh minute and England striker...

Global stocks mostly fall as Wall Street ends winning streak

Jul. 17, 2019 7:48 AM EDT

TOKYO (AP) — Global shares drifted lower Wednesday as investors await another batch of corporate earnings following Tuesday's mostly disappointing results, which put an end to Wall Street's five-day winning streak. The latest round of U.S. corporate financial reports ramps up this week and investors have...

Asian stocks mixed as Wall Street ends 5-day winning streak

Jul. 17, 2019 2:01 AM EDT

TOKYO (AP) — Asian stocks were mixed Wednesday after Wall Street ended a five-day winning streak following disappointing corporate earnings reports. Japan's benchmark Nikkei 225 dipped 0.3% to 21,475.38 in morning trading. Australia's S&P/ASX 200 added 0.4% to 6,667.60. South Korea's Kospi dipped 1.0%...