City Shanghai Financial News

20.02 / 06:07

markets UPS Reuters wellness President reports US to cut size of diplomatic mission in China by up to 10%: SCMP

United States is set to cut the size of its diplomatic mission in China by up to 10%, the South China Morning Post reported on Wednesday, citing people familiar with the situation.

19.02 / 01:47

markets Analysis Trade President War Pharmaceuticals Asian stocks to drop as Trump floats more tariffs

Asian stocks are poised for early losses as the threat of a broader global trade war and geopolitical uncertainty continued to weigh on investors. Shares in Australia dropped 1% shortly after opening Wednesday, with National Australia Bank Ltd. plunging by more than 8% after it announced a fall in earnings. Equity index futures for Hong Kong and Shanghai pointed to declines while contracts for Tokyo’s benchmark was little changed. That’s after a surge in chipmakers saw the S&P 500 edge higher and top its January record despite a slide in most big techs.

10.02 / 10:59

markets Trade President reports Asian shares trade mixed after Wall Street slumps on Trump tariff worries

Asian shares are trading mixed, as investors found bargains despite worries about President Donald Trump’s tariffs

05.02 / 17:57

markets Digital Google Strategy Trade Experts PAM US charges ex-Googler with espionage to boost AI in China

Alphabet Inc.'s Google faces new charges of economic espionage by the US Justice Department for allegedly stealing trade secrets to boost China's AI industry. Linwei Ding, who was indicted in March, now faces seven counts of economic espionage along with seven counts of theft of trade secrets under a new indictment announced Tuesday.

03.02 / 09:23

markets COST economy Nikkei Trade President Stock market today: Asian shares slip as worries grow about Trump's tariffs

Asia shares are mostly declining as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners

31.01 / 08:37

markets UPS Platform Tesla Trade reports Stock market today: Asian stocks mostly higher after Wall Street tech gains

Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports

24.01 / 22:43

markets Digital Strategy Metro Highways Experts PAM Strongest nail house owner in China: Man refuses to accept compensation and leave his house, so an entire highway was built around it

Chinese grandfather Huang Ping has now found himself actually living in the middle of a quite newly constructed motorway after he refused multiple compensation offers from the local authorities. According to Metro, the house which is located southwest of Shanghai in Jinxi, the two-story house of Huang Ping now sits surrounded by a highway infrastructure while earning him the renowned local title of the ‘strongest nail house owner’.

23.01 / 20:47

markets security Food Trade reports Commentary China moves to boost languishing markets by ordering funds to invest more in shares

The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets

22.01 / 03:53

markets UPS security Analysis Trade President Experts China and Hong Kong stocks tumble on Trump's tariff threats

Hong Kong stocks weakened on Wednesday after U.S. President Donald Trump hinted at potential new tariffs on Chinese imports, ending a brief reprieve for the markets. The blue-chip CSEI 300 Index declined 1.1% in early trade, the biggest retreat in nearly two weeks, and the Shanghai Composite Index lost 0.9%.

21.01 / 12:41

markets UPS DOW Trade President Global shares trade mixed in a muted reaction to the U.S. inauguration

Global shares are mixed in a muted reaction to the inauguration of U.S. President Donald Trump, while U.S. futures have advanced

20.01 / 08:51

markets UPS Trade track reports Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration

Asian shares are higher after U.S. stock indexes rallied to close out their best week in two months

18.01 / 16:39

markets UPS security Strategy TikTok Experts Even before TikTok's troubles, Chinese companies were wary of Washington

Chinese tech companies long looked to the United States as a key market and source of investment. Firms like ByteDance, the company behind TikTok, courted major American investment firms like General Atlantic and Susquehanna Capital. Chinese startups in Shanghai and Shenzhen saw an initial public offering on the Nasdaq or New York Stock Exchange as the ultimate symbol of success.

18.01 / 15:51

markets Strategy TikTok Forbes PAM reports Courts Could RedNote also be banned in the US after TikTok? Here’s why it’s a possibility

16.01 / 15:33

markets UPS TikTok social Features Videos Duolingo sees 216% rise in new US users learning Mandarin. Why are Americans learning Chinese?

TikTok ban looms in US, users in America are turning to another Chinese app- Xiaohongshu also known as RedNote. Since Shanghai-based RedNote is tailored for a Chinese audience, its default language is Mandarin. This has driven a surge of US users to Duolingo for a crash course in Mandarin.

15.01 / 16:41

markets Citi Strategy performer concert reports International Taylor Swift to perform in China after concluding her Eras Tour that earned over $1 billion amid Trump tariff threat? What we know

Taylor Swift, the billionaire pop star and also Travis’ girlfriend whom he has been dating for over a year, is busy making records. Now as per the Chinese media outlet The Paper, Shanghai authorities have initiated a discussion with Taylor Swift’s team over the possibility of a concert in China this year.

15.01 / 12:13

markets Citi economy performer concert stars International Shanghai in talks with 'walking GDP' Taylor Swift as Chinese cities compete to draw global stars amidst struggling economy

14.01 / 10:57

markets FIVE Digital Airlines Strategy Experts PAM None of diverted flights to Singapore were from India, says Changi Airport

Singapore where 12 flights were diverted to regional airports due to intense monsoon since Friday, the airport operator said on Tuesday. «The flights, operated by various airlines, were from destinations such as Bangkok, Jakarta, Phuket and Shanghai,» the Changi Airport Group told PTI.

14.01 / 08:27

markets UPS security Analysis Trade Experts China stocks jump most in more than 2 months on chip shares' rally

China stocks jumped the most in over two months as local chip firms rallied after the United States stepped up its tech curbs. ** At the midday break, the Shanghai Composite index gained 1.75% to 3,216.00 points, the best single-day gain since Nov. 7. The blue-chip CSI300 index added 1.74%.

14.01 / 07:41

MET ByteDance TikTok reports Courts International China officials internally discuss option of TikTok sale to Musk

Subscribe to enjoy similar stories. SINGAPORE—Chinese officials, facing a looming U.S. TikTok ban, have internally discussed options including the possibility of allowing a trusted non-Chinese party such as Elon Musk to invest in or take control of TikTok’s U.S.

11.01 / 04:27

Cooper SPY Trade country reports travelers UK Treasury chief heading to China to revive suspended economic and financial talks

Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.‘s Labour government seeks to reset frayed ties with Beijing

09.01 / 06:15

markets Moderna country reports medicines Vaccines Moderna is gambling on China as other US companies pull back

Subscribe to enjoy similar stories. When Moderna reached a deal in 2023 to bring its medicines to China, the news got out before the biotechnology company said anything. It was a Chinese media outlet that reported that Chief Executive Stéphane Bancel was visiting Shanghai to sign a pact with local authorities for Moderna to research, develop and manufacture medicines for China using the same messenger RNA technology that produced the Covid-19 vaccine.

breaking news about city Shanghai

What is the current situation in city Shanghai?

In city Shanghai, the spotlight is on major events that affect the region’s daily life.

Where can I find reliable news about city Shanghai?

We publish verified updates about the situation in city Shanghai, based on information from trusted sources.

What shapes the media agenda in city Shanghai?

The news landscape of city Shanghai is shaped by key decisions by local authorities, reflecting its unique context.