Shanghai

Business 11/12/19, 22:53

Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday that agreement on the "Phase 1" deal ...

Business 11/08/19, 04:05

Global stock markets mostly declined Friday amid uncertainty about a possible U.S.-Chinese agreement to roll back tariffs in their trade war. Tokyo rose after Beijing said Thursday the two sides agreed to the step if they make progress on an interim deal. But London and Frankfurt opened lower and Shanghai and ...

Business 11/06/19, 04:17

Global stock markets were mostly higher Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to lift punitive tariffs. Germany and Paris opened higher and London was unchanged. Tokyo rose while Shanghai declined and Hong Kong was flat. Beijing wants 15% tariffs ...

U.S. 10/09/19, 19:10

NBA Commissioner Adam Silver told the Brooklyn Nets and Los Angeles Lakers on Wednesday that the league is still expecting them to play as scheduled this week, even while the rift between the league and Chinese officials continued in ways that clearly suggested the two planned games in Shanghai and ...

World 08/01/19, 15:17

In the face of prolonged trade talks with China, President Trump announced, on Thursday, that he is moving to impose an additional 10% tariff on the remaining $300 billion in Chinese imports. The new tariffs are due to go into effect on September 1. A U.S. delegation traveled to Shanghai this week ...

U.S. 07/30/19, 15:44

U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrived in Shanghai, China, for the next round of trade talks. Vehicles believed to be from the U.S. Consulate in Shanghai transporting Mnuchin and Lighthizer pulled up at the entrance of a luxury hotel in downtown Shanghai on Tuesday afternoon ...

Business 06/25/19, 06:08

China on Tuesday criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. The banks named by The Washington Post as facing possible loss of access to the U.S. financial system denied they were under investigation. The Post said ...

Business 05/30/19, 01:15

Asian shares were mostly lower Thursday after another round of selling on Wall Street amid investor worries about a trade war.Japan's benchmark Nikkei 225 dropped 0.4% to 20,913.68. Australia's S&P/ASX 200 slipped 0.8% to 6,385.60. South Korea's Kospi edged up 0.5% to 2,032.49. Hong Kong's Hang Seng was down 0.5% ...

Business 05/27/19, 22:15

Asian stocks mostly rose in muted trading Tuesday in the absence of major market-driving news on trade negotiations during the visit of President Donald Trump to Japan. Japan's benchmark Nikkei 225 added 0.4% in early trading to 21,274.60, while Australia's S&P/ASX 200 gained 0.6% to 6,490.40. South Korea's Kospi was little ...

Business 05/23/19, 23:15

Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and China over trade might expand put investors in a selling mood. Japan's benchmark Nikkei 225 fell 0.5% to 21,053.95. Australia's S&P/ASX 200 lost 0.7% at 6,445.40. South Korea's Kospi dropped 0.9% to 2,040.81. Hong Kong's ...

Business 05/22/19, 22:35

Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was 0.2% lower ...

Business 05/21/19, 05:18

Global stock markets were mostly higher Tuesday after anxiety over U.S. curbs on sales to Chinese tech giant Huawei dragged down Wall Street.Benchmarks in London, Frankfurt, Shanghai and Sydney advanced. Tokyo and Hong Kong declined.Anxiety over U.S.-Chinese trade tension was reignited by Washington's decision to require export licenses for technology ...

Business 05/21/19, 01:02

Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower.Benchmarks in Shanghai, Seoul and Sydney advanced, while Tokyo and Hong Kong declined.Anxiety over U.S.-Chinese trade tension was reignited by Washington's decision to require export licenses for technology sales to ...

Sports 05/18/19, 10:46

Olympic champion Omar McLeod made it four straight victories in the 110-meter hurdles at the Shanghai Diamond League on Saturday.McLeod couldn't hold back the tears after finishing in 13.12 seconds. The 25-year-old Jamaican had tweeted that he was "numb" after learning of his aunt's death 24 hours before the race.After ...

Business 05/17/19, 01:57

Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. These fears weighed heavily on Chinese benchmarks. The Shanghai composite gave up 2.7% to 2,876.90. Hong Kong's Hang Seng lost 1.2% to 27,932.31 and the A-share index on ...

Business 05/14/19, 01:27

Shares declined moderately in Asia on Tuesday after a dismal day on Wall Street as investors fled uncertainty over the China-U.S. trade standoff. The Shanghai Composite index slipped 0.2% to 2,896.60 while Japan's Nikkei 225 gave up 0.6% to 21,067.23. The Hang Seng index in Hong Kong, reopening after a market ...

Business 05/12/19, 23:40

Shares retreated in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement. The Shanghai Composite index fell 1% to 2,910.04. Japan's Nikkei 225 index lost 0.6% to 21,216.28 and the S&P ASX 200 declined 0.2% to 6,297.40. South Korea's Kospi fell 1.1% to ...

Business 05/08/19, 00:35

Shares skidded in Asia on Wednesday after the Dow Jones Industrial Average tumbled more than 470 points overnight amid mounting trade tensions between the U.S. and China. Japan's Nikkei 225 index dropped 1.8% to 21,537.24 and the Hang Seng in Hong Kong sank 0.7% to 29,156.23. Australia's S&P ASX 200 gave ...

Business 05/07/19, 00:36

Asian stock markets steadied on Tuesday after Beijing said trade negotiators were preparing to go to Washington despite President Donald Trump's threat to escalate their tariff war. Benchmarks in Shanghai and Sydney rose. Hong Kong gave up early gains and Tokyo declined as trading resumed following a weeklong holiday. Trump's surprise threat ...

Business 05/06/19, 01:32

Shares and oil prices have tumbled after President Donald Trump jolted markets with a threat to raise more tariffs on imports from China, spooking investors who had been expecting good news this week on trade. The Shanghai Composite index plunged 6.5% to 2,877.71, and the Hang Seng in Hong Kong sank ...