Latest Shanghai News

Coco Gauff wins China Open final in straight sets, Sinner and Alcaraz advance in Shanghai

Oct. 06, 2024 09:48 AM EDT

BEIJING (AP) — Coco Gauff won her second title this season with a lopsided 6-1, 6-3 victory over Karolina Muchova in the final of the China Open on Sunday. Aged 20, the sixth-ranked U.S. player became the youngest China Open champion in 14 years. She is also the second American...

Gauff rallies to reach China Open final and Sinner, Alcaraz and Djokovic win in Shanghai

Oct. 05, 2024 14:19 PM EDT

BEIJING (AP) — Coco Gauff rallied from a set down for the third consecutive match as she beat Paula Badosa 4-6, 6-4, 6-2 to reach the China Open final on Saturday. The sixth-ranked Gauff will play Karolina Muchova of the Czech Republic in Sunday's final. Muchova...

Knife attack in Shanghai supermarket kills 3, injures 15 others

Sep. 30, 2024 23:59 PM EDT

BEIJING (AP) — A knife attack at a supermarket in Shanghai killed three people and injured 15 others, local police said. A 37-year-old man surnamed Lin was taken into custody by police responding to the report of the attack Monday evening, the local Songjiang police branch said in...

2 people reported dead in China as Typhoon Bebinca is downgraded to a tropical storm

Sep. 17, 2024 00:32 AM EDT

BEIJING (AP) — Two people died in China’s eastern Jiangsu province as Typhoon Bebinca brought torrential rains and powerful winds before easing into a tropical storm, state media reported Tuesday. Two residents of Zhoushi Town, about 80 kilometers (31 miles) northwest of...

Strongest typhoon since 1949 hits Shanghai and knocks out power to some homes

Sep. 16, 2024 07:10 AM EDT

TAIPEI, Taiwan (AP) — The strongest typhoon to hit Shanghai since at least 1949 flooded roads with water and broken tree branches, knocked out power to some homes and injured at least one person as it swept over the financial hub Monday. More than 414,000 people had been evacuated...

Shanghai cancels hundreds of flights as Typhoon Bebinca draws near

Sep. 15, 2024 20:27 PM EDT

BANGKOK (AP) — Shanghai's airports were canceling hundreds of flights Sunday as they brace for impact from Typhoon Bebinca, which is due to make landfall in the early hours of Monday morning, the authorities said. Flights past 8 p.m. local time will be canceled at Hongqiao and...

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

Sep. 12, 2024 04:20 AM EDT

HONG KONG (AP) — American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy, according to a report published Thursday by a U.S. business group. Out of 306 companies polled, a...

111: Q2 Earnings Snapshot

Aug. 29, 2024 05:08 AM EDT

SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $1.9 million in its second quarter. On a per-share basis, the Shanghai-based company said it had a loss of 2 cents. The Operator of a digital and mobile healthcare platform in China posted...

Noah: Q2 Earnings Snapshot

Aug. 28, 2024 16:58 PM EDT

SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Wednesday reported profit of $13.7 million in its second quarter. The Shanghai-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share. ...

Daqo: Q2 Earnings Snapshot

Aug. 26, 2024 06:43 AM EDT

SHANGHAI (AP) — SHANGHAI (AP) — Daqo New Energy Corp. (DQ) on Monday reported a loss of $119.8 million in its second quarter. The Shanghai-based company said it had a loss of $1.81 per share. The solar panel parts maker posted revenue of $219.9 million in the...