Tesla is relying on its Shanghai factory to meet global demand for its vehicles, as its other plants grapple with shortages of automotive chips and other car components.
BEIJING (AP) — A typhoon blew heavy rain across the Shanghai region Monday, filling roads and low-lying areas with water and felling billboards and signs on its second landfall in eastern China.
Flights and trains were canceled and many offices were closed, including the U.S.
BEIJING (AP) — Typhoon In-fa hit China's east coast south of Shanghai on Sunday after people living near the sea were evacuated, airline flights and trains were canceled and the public was ordered to stay indoors.
ZHENGZHOU, China (AP) — A man in central China was rescued after spending three days trapped in a flooded underground garage following torrential rains, while at least four bodies were found after a traffic tunnel was drained, a news report said Saturday.
BEIJING (AP) — Airline flights were canceled in eastern China and cargo ships were ordered out of the area Saturday as Typhoon In-fa churned toward the mainland after dumping rain on Taiwan.
In-fa was forecast to hit the coast of Zhejiang province, south of Shanghai, on Sunday afternoon or evening, the provincial weather department announced.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation.
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded and Japanese exports surged as investors tried to figure out how rising coronavirus infections will affect the global economy.
SKOKIE, Ill. (AP) — A new exhibit at the Illinois Holocaust Museum recounts the little-known role that Shanghai, China played as a safe haven for Jews who fled Europe to escape Nazi persecution.
American photojournalist Arthur Rothstein began documenting the lives of Jewish refugees in Shanghai's Hongkew District in 1946.
JACKSONVILLE, Fla. (AP) — A Chinese man who tried to buy and ship inflatable military boats from the U.S. to China was sentenced Friday to three years and six months in U.S. federal prison.
Ge Songtao, 51, pleaded guilty in federal court in Jacksonville, Florida, last November to conspiring to submit false export information to fraudulently export maritime raiding craft and engines to China and to attempting to fraudulently export that equipment, according to court records.
BEIJING (AP) — Chinese power companies bid for credits to emit carbon dioxide and other climate-changing gases as trading on the first national carbon exchange began Friday in a step meant to help curb worsening pollution.
TOKYO (AP) — Asian shares were mostly lower on Wednesday, tracking a decline on Wall Street as investors weighed the latest quarterly earnings reports from big U.S. companies and data pointing to rising inflation.
BEIJING (AP) — Asian stocks followed Wall Street higher on Tuesday ahead of U.S. earnings reports that are expected to show strong profits for major banks.
BEIJING (AP) — Asian stock markets rose Monday after Wall Street hit a high despite jitters about the spread of the coronavirus's delta variant as investors looked ahead to U.S. earnings reports.
Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced.
BANGKOK (AP) — Shares were mostly lower in Asia on Friday after stocks pulled back from their recent record highs on Wall Street as bond yields fell and investors turned cautious.
BEIJING (AP) — Asian stock markets fell Thursday after the Federal Reserve discussed a possible reduction in U.S. economic stimulus and Japanese officials prepared to declare a coronavirus state of emergency during the Olympics due to a surge in infections.
BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday after U.S. services activity weakened.
Market benchmarks in Tokyo, Hong Kong and Seoul declined. Shanghai swung between gains and losses.
BERLIN (AP) — A German man who ran a think tank has been arrested on suspicion of being an informant for Chinese intelligence for years, German prosecutors said Tuesday.
Federal prosecutors said the suspect, identified only as Dr.
TOKYO (AP) — Shares were mostly higher in Asia on Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping.
BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday despite new data showing factory activity slowed this month as virus outbreaks disrupted shipping at some Chinese ports.
Markets advanced in Tokyo, Shanghai, Sydney and Seoul but edged lower in Hong Kong.
BEIJING (AP) — Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from Japan, China and South Korea.
BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after a listless day of trading on Wall Street as the recent bout of nerves over Federal Reserve policy fades.
Markets advanced in Tokyo, Seoul and Hong Kong while Sydney and Shanghai declined.
BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus.
TOKYO (AP) — Asian shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on raising short-term interest rates by late 2023.
Japan's benchmark added 0.3% in morning trading to 29,108.23.
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought.
Tokyo, Hong Kong and Seoul fell while Shanghai gained after Fed policymakers, who previously forecast no interest rate hikes before 2024, estimated their benchmark rate would be raised twice by late 2023.
BEIJING (AP) — A former factory worker known as “China’s First Shareholder” after he amassed a fortune trading in the country’s infant financial markets starting in the 1980s has died, news reports said Tuesday.
BANGKOK (AP) — Shares were mostly higher in Asia on Friday after the S&P 500 index notched another record high despite a surge in U.S. consumer prices in May.
Shanghai fell, Tokyo was flat, while shares rose in Hong Kong, Seoul and Sydney.
Asian shares were mixed on Wednesday after China reported a big jump in factory gate prices at a time when inflation is a top investor concern.
Shares fell in Tokyo, Seoul and Sydney but rose in Shanghai and Hong Kong.
BANGKOK (AP) — Stocks edged lower in Asia on Tuesday after a mixed finish on Wall Street, as investors weighed the risks of inflation against signs the recovery from the pandemic is gaining momentum.
BEIJING (AP) — China on Monday defended a plan to build a university in Hungary, saying critics who protested against it in Budapest over the weekend shouldn't politicize and stigmatize normal exchanges between the two countries.
BUDAPEST, Hungary (AP) — Several thousand people rallied in Hungary's capital Saturday against plans by Prime Minister Viktor Orban to host a Chinese university in Budapest.
A strategic agreement that Hungary signed with Shanghai-based Fudan University envisages opening a branch in the city’s 9th district.
Chongming Island, Shanghai’s ‘last virgin territory’, woos foreign investors as it looks to sports, health care to boost eco-friendly economy
Chongming district in Shanghai, dubbed the "Long Island in the East", has set its sights on sports and health care to buoy its economic growth and help it achieve its goal of becoming a world-class ecological territory.
TOKYO (AP) — Asian shares were mixed on Wednesday after Wall Street began a post-holiday week on a lackluster note.
Shares rose in Tokyo and Sydney but fell in Hong Kong, Shanghai and South Korea.
BEIJING (AP) — A man in eastern China has contracted what might be the world’s first human case of the H10N3 strain of bird flu, but the risk of large-scale spread is low, the government said Tuesday.
BEIJING (AP) — Asian stock markets were mixed Tuesday as investors looked ahead to U.S. jobs data for reassurance the biggest global economy is improving following the previous month’s big hiring miss.
BEIJING (AP) — Global stock markets were mixed Monday after Wall Street ended May with a gain and Japan's factory output grew less than expected.
BEIJING (AP) — Major Asian stock markets fell Monday after Japan reported weaker-than-expect growth in factory output and Chinese manufacturing growth was flat.
Benchmarks in Shanghai, Tokyo and Hong Kong retreated while Seoul swung between small gains and losses.
TOKYO (AP) — Asian shares fell Thursday, as investors watched for signs of inflation and awaited U.S. economic data expected later in the day.
Japan's benchmark Nikkei 225 shed 0.8% in early trading to 28,409.41.
US electric vehicle (EV) giant Tesla has set up a data centre in Shanghai to locally store all data collected from its customers in mainland China, a move that is likely to set the tone for all overseas technology companies eyeing the Chinese market.
Shanghai to give money managers access to assets in private markets to rival Hong Kong for global capital
Shanghai will give "qualified investors" access to a wider array of assets in private markets from next month under the city's pilot investment schemes, just as appetite is surging among global money managers.
BEIJING (AP) — Asian stock markets rose Wednesday as inflation fears eased and investors looked ahead to U.S. data that are expected to show economic growth accelerating.
Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced.
BEIJING (AP) — Asian stock markets followed Wall Street higher Tuesday as inflation fears eased and investors regained an appetite for risk.
Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced.
BANGKOK (AP) — Asian shares were mixed Friday after a rebound on Wall Street broke a three-day losing streak.
Benchmarks rose in Tokyo, Taipei and Singapore but fell in Hong Kong and Shanghai.
BANGKOK (AP) — Shares were mixed in Asia on Thursday after benchmarks closed broadly lower on Wall Street in a third day of retreat.
The price of Bitcoin and other cryptocurrencies declined further.
TOKYO (AP) — Asian shares fell Wednesday, tracking a decline on Wall Street that was led by big technology stocks. Investors are awaiting the release of minutes from the latest Federal Reserve policy setting meeting.
BEIJING (AP) — Asian stock markets were mixed Monday after Taiwan and Singapore tightened anti-coronavirus restrictions and Wall Street turned in its biggest weekly decline in three months.
Shanghai and Hong Kong advanced, while Tokyo and Seoul declined.
Stocks are opening higher on Wall Street following three days of losses and the biggest one-day drop in the S&P 500 since February. Big Tech companies like Apple and Microsoft, which had posted some of the bigger losses this week, were rising in the early going Thursday.
BEIJING (AP) — Asian stock markets retreated Wednesday as investors looked ahead to U.S. data they worry will show inflation is picking up.
Shanghai, Tokyo and Southeast Asian markets declined.
The largest collection of Bob Dylan’s artwork ever seen will go on display later this year in the U.S.
“Retrospectrum” spans six decades of Dylan’s art, featuring more than 120 of the artist’s paintings, drawings and sculptures.
Shares were mostly lower in Asia in thin trading Monday, with many markets including those in Tokyo and Shanghai closed for holidays.
The declines follow a retreat Friday on Wall Street, where the S&P 500 gave up 0.7% but still closed out its best month so far this year.