Latest Shanghai News

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Wall Street pauses, and S&P 500's 4-day winning streak snaps

Jun. 4, 2020 4:56 PM EDT

Wall Street paused on Thursday, and the S&P 500 fell for the first time in five days as stocks that had held steadiest through this year’s feverish swings gave back some of their gains. The S&P 500 lost 10.52 points, or 0.3%, to 3,112.35 after being on track earlier in the day for its longest...

FILE - In this March 18, 2020 file photo, a Southern China Airlines flight from Guangzhou, China passes in front of the sun as it arrives at Vancouver International Airport in Richmond, British Columbia, Canada. On Wednesday, June 3, 2020, the Trump administration moved to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the two countries. (Jonathan Hayward/The Canadian Press via AP)

China easing airline access amid conflict with Washington

Jun. 4, 2020 7:26 AM EDT

BEIJING (AP) — Chinese regulators said Thursday more foreign airlines will be allowed to fly to China as anti-coronavirus controls ease, but it was unclear whether the change will defuse a fresh conflict with the Trump administration over air travel. The announcement came after Washington said Wednesday...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

FILE - In this March 18, 2020 file photo, a Southern China Airlines flight from Guangzhou, China passes in front of the sun as it arrives at Vancouver International Airport in Richmond, British Columbia, Canada. On Wednesday, June 3, 2020, the Trump administration moved to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the two countries. (Jonathan Hayward/The Canadian Press via AP)

Trump administration moves to block Chinese airlines from US

Jun. 3, 2020 11:52 PM EDT

The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and diplomatic tensions between the two countries. The Transportation Department said it would suspend passenger flights of four Chinese airlines to and from the United States starting June 16. The...

FILE - In this Jan. 28, 2020, file photo, Tedros Adhanom Ghebreyesus, director general of the World Health Organization, left, shakes hands with Chinese President Xi Jinping before a meeting at the Great Hall of the People in Beijing. Throughout January, the World Health Organization publicly praised China for what it called a speedy response to the new coronavirus. It repeatedly thanked the Chinese government for sharing the genetic map of the virus “immediately” and said its work and commitment to transparency were “very impressive, and beyond words.” But behind the scenes, there were significant delays by China and considerable frustration among WHO officials over the lack of outbreak data, The Associated Press has found. (Naohiko Hatta/Pool Photo via AP, File)

China delayed releasing coronavirus info, frustrating WHO

Jun. 3, 2020 1:13 AM EDT

Throughout January, the World Health Organization publicly praised China for what it called a speedy response to the new coronavirus. It repeatedly thanked the Chinese government for sharing the genetic map of the virus “immediately,” and said its work and commitment to transparency were...

FILE - In this Jan. 28, 2020, file photo, Tedros Adhanom Ghebreyesus, director general of the World Health Organization, left, shakes hands with Chinese President Xi Jinping before a meeting at the Great Hall of the People in Beijing. Throughout January, the World Health Organization publicly praised China for what it called a speedy response to the new coronavirus. It repeatedly thanked the Chinese government for sharing the genetic map of the virus “immediately” and said its work and commitment to transparency were “very impressive, and beyond words.” But behind the scenes, there were significant delays by China and considerable frustration among WHO officials over the lack of outbreak data, The Associated Press has found. (Naohiko Hatta/Pool Photo via AP, File)

China delayed releasing coronavirus info, frustrating WHO

Jun. 2, 2020 2:52 PM EDT

Throughout January, the World Health Organization publicly praised China for what it called a speedy response to the new coronavirus and thanked the Chinese government for sharing the genetic map of the virus “immediately." But in fact, Chinese officials sat on releasing the genetic map, or genome, of the...

A woman wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, June 1, 2020. Asian stock markets have rebounded after U.S. President Donald Trump avoided reigniting a trade war with China amid tension. (AP Photo/Vincent Yu)

Asian shares mostly higher following Wall Street gains

Jun. 2, 2020 12:02 AM EDT

TOKYO (AP) — Shares were mostly higher in Asia on Tuesday, lifted by moves to reopen many regional economies from shutdowns aimed at containing the coronavirus pandemic. Benchmarks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai and Sydney. Jakarta’s main index jumped 2% and...

People enjoy the fresh air on benches along Juarez Avenue in central Mexico City, Sunday, May 31, 2020. Mexico's capital plans to reopen certain sectors of the economy and public life beginning Monday, despite the city still being in the most serious

The Latest: S. Korea pushes QR registration for risky venues

May. 31, 2020 10:48 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Cases steadily rising around South Korean capital....

Workers wearing protective gear disinfect as a precaution against the new coronavirus in a class at a high school in Busan, South Korea, Saturday, May 30, 2020. (Jo Jung-ho/Yonhap via AP)

The Latest: South Korea reports 27 new virus cases

May. 30, 2020 10:28 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea reports 27 new virus cases, including 21 from...

A woman passes a fence outside Brooklyn's Green-Wood Cemetery adorned with tributes to victims of COVID-19, Thursday, May 28, 2020, in New York. The memorial is part of the Naming the Lost project which attempts to humanize the victims who are often just listed as statistics. (AP Photo/Mark Lennihan)

The Latest: 400 German managers, workers returning to China

May. 29, 2020 10:43 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Two United Nations peacekeepers serving in Mali have died...