City Shanghai Financial News
28.05 / 08:37
28.05 / 08:37
27.05 / 11:41
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Healthcare
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Chinese scientists develop cure for diabetes, insulin patient becomes medicine-free in just 3 months
patient's diabetes using a groundbreaking cell therapy. This pioneering treatment was developed by a team from Shanghai Changzheng Hospital, the Centre for Excellence in Molecular Cell Science under the Chinese Academy of Sciences, and Renji Hospital, and was detailed in the journal Cell Discovery on April 30.
25.05 / 12:53
markets
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FPIs net sellers of Indian equities at Rs 22,046 crore in May so far
foreign portfolio investors (FIIs) have remained unenthusiastic in May so far, off-loading Indian equities worth Rs 22,046 crore. In 2024 year-to-date, FPIs have off-loaded stocks worth Rs 19,824 crore. They carried on the trends in May from April in which FPIs sold shares worth Rs 8,671 crore even as the domestic institutional investors have displayed keenness on remaining in the buying side.
25.05 / 04:37
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stage
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archery
Indian women's compound archery team strikes gold, mixed team bags silver in World Cup
Jyothi Surekha Vennam, Parneet Kaur and Aditi Swami grabbed their third successive Archery World Cup gold medal, while the mixed team added a silver at the stage two event here on Saturday. The world number one Indian compound women's team dominated Turkey's Hazal Burun, Ayse Bera Suzer and Begum Yuva right from the first end and sealed the gold without dropping a set, maintaining a healthy six-point margin (232-226) in a lopsided final.
25.05 / 03:57
UPS
President
War
information
testing
gatherings
US, Chinese defense chiefs to meet following Taiwan tension
US Defense Secretary Lloyd Austin will meet his Chinese counterpart, the Pentagon announced Friday, after Beijing carried out war games around Taiwan in a sign to the US-backed democracy's new leader.
23.05 / 12:53
markets
Tesla
Trade
reports
EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai
Chinese state media have reported that electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries
23.05 / 08:41
22.05 / 19:01
Manufacturing
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Sporting
Tesla Europe sales lowest in 15 months
Tesla Inc got off to a sluggish start to the second quarter in Europe, where Chief Executive Officer Elon Musk was expecting a much better showing than the first few months of the year. The carmaker registered just 13,951 vehicles in April, the European Automobile Manufacturers' Association said Wednesday, down 2.3% from a year ago and its worst tally since January 2023. Tesla's result was an exception in an otherwise encouraging month for battery-electric vehicle sales, which rose 14% industrywide.
22.05 / 02:53
markets
COST
UPS
Target
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Gold Prices
Gold prices hold steady on Fed rate outlook
Gold prices were steady on Wednesday and hovered above key $2,400 level touched earlier this week, supported by safe-haven buying and the prospect of interest rate cuts from the U.S. Federal Reserve later this year. FUNDAMENTALS
22.05 / 02:53
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ETF
economy
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NOT
Bulls beat a path to China stock shop but foreigners dare not go in
China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it slow. Last week's sweeping measures to support the property sector, which authorities dubbed as historic, were the latest in a series of steps China has taken since February in a bid to boost consumption, funnel state money into priority sectors and underpin the stock market.
21.05 / 11:51
20.05 / 06:13
MET
Death
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Ebrahim Raisi, a hardline leader who brought Iran closer to China
China expressed being «deeply concerned» on Monday after his helicopter went missing.
20.05 / 04:51
markets
UPS
DOW
economy
President
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Asian stocks
Stock market today: Asian stocks advance after Wall Street closes out another winning week
Asian stocks have advanced after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time
19.05 / 03:31
Citi
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stars
NASA shares spectacular images of majestic ‘Pillars of Creation’ from Eagle Nebula | See pics
Also Read: NASA shares stunning image: Hubble Telescope captures triple-star system 550 light-years away The US space agency shared two images of the ‘Pillars of Creation’ The first was captured in visible light, and the NASA Hubble telescope captured the second in low-infra-red light.A post shared by NASA (@nasa) According to NASA, the Pillars of Creation are a part of an active star-forming region within the Eagle Nebula. It is also the place of newborn stars in the columns of dust and gas. Also Read: 10 breathtaking NASA images showing Earth in all its glory; from Shanghai city lights to storm in Arabian sea, see pics These pillars are made of cool molecular hydrogen and dust that are being eroded by photoevaporation from the ultraviolet light of relatively close and hot stars.
16.05 / 11:13
UPS
Citi
Enterprise
Trade
stage
track
China property stocks rally as more cities unveil rescue steps
Shares of Chinese property developers surged on rising expectations that government entities in China are moving to help buy up excess housing in a bid to revive the struggling real-estate sector. The Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, was up 5.6% in afternoon trading Thursday.
15.05 / 16:47
15.05 / 12:11
markets
Provident
economy
country
travelers
International
boating
China to allow visa-free entry for foreign tour groups arriving by cruise ships
China will allow visa-free entry for foreign tour groups that come to the country via cruise ships in a further bid to attract international visitors and boost its sluggish inbound travel market. Overseas tour groups on cruise boats will be able to enter and stay in China without a visa for up to 15 days, according to the National Immigration Administration. The new policy will be effective from May 15. Tour groups can enter China from 13 ports including Shanghai, Qingdao, Dalian and Haikou, Mao Xu, a senior official with the immigration administration, said at a press conference in Beijing on Wednesday. Qualifying tour groups need to be received and handled by domestic travel agencies and will be allowed to travel to coastal provinces as well as the capital, Beijing, while they are in China, Mao said.
15.05 / 08:53
Citi
wellness
show
Features
MahindraXUV300 owner thanks Anand Mahindra after horrific accident leaves ‘small scratches’
10 breathtaking NASA images showing Earth in all its glory; from Shanghai city lights to storm in Arabian sea, see pics The survivor's gratitude extends to Anand Mahindra and the entire team behind the Mahindra XUV300, reaffirming its reputation as a reliable and safe choice on the road. A user reacted, “Ahh! Hope you get well soon.
14.05 / 10:33
Blockchain
Art
Digital
Booking
Platform
Universities
rights
Evolution of Digital Art
TRLab’s Audrey Ou’s exploration into the future of digital art, NFTs, and technology
13.05 / 12:29
markets
Strategy
Sustainability
Election
trends
Trade
performer
Stock market crash: Why are FIIs selling Indian equities aggressively? Are Lok Sabha elections to be blamed?
Stock market crash: In May, FPI selling in the cash market has been relentless. FPIs have been sellers on every trading day and have sold equity for ₹24,975 crores. This has contributed to the underperformance of the Indian market.
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