City Shanghai Financial News
09.09 / 15:19
UPS
MET
Trade
President
reports
travelers
Spanish prime minister visits China to shore up trade and cultural ties during EV tariff spat
Spanish Prime Minister Pedro Sánchez has met with Chinese President Xi Jinping and other top officials during his second trip to China in a year and a half that comes during a spat over electric cars
09.09 / 12:01
UPS
Manufacturing
economy
Nov
Healthcare
hospital
China opens more sectors to foreign investment
China deepened its push to further open up the economy, eliminating restrictions on the manufacturing sector and expanding opportunities for foreign investment in the health sector in an effort to revive growth. The Chinese government will reduce its list of industries off-limits to foreign investors to 29 from 31 and fulfill its pledge of zero restrictions on the manufacturing sector, the National Development and Reform Commission and the Commerce Ministry said in a joint statement on Sunday. The new list, set to take effect Nov.
09.09 / 05:52
markets
UPS
economy
Trade
show
reports
Updates
Asian markets dip after Wall Street had its worst week in nearly 18 months
Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy
06.09 / 05:37
05.09 / 09:11
markets
UPS
economy
Trade
show
reports
Asian stocks
Asian stocks mixed after Wall Street extends losses as technology and energy stocks fall
Asian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors
05.09 / 08:08
markets
Research
Coronavirus
pandemic
Virus
infection
Investigations
Potential outbreak-causing dangerous viruses found in China’s fur animals
coronaviruses and influenza, are harbored in raccoon dogs, mink and other animals farmed for fur in China, scientists found in the first in-depth investigation of the seldom-studied critters. Researchers scoured for viruses in the lungs, intestines and other tissues of 461 individual fur animals that were found dead due to disease across China. They identified 125 virus species, including 36 that were novel and 39 at potentially-high risk of crossing the species barrier, including spilling over to infect humans. Raccoon dogs and mink, valued for their soft pelts, carried the highest number of potentially dangerous viruses, according to the research, published Wednesday in the journal Nature.
05.09 / 05:45
UPS
Citi
Williams
wellness
country
Schools
International
Chinese families seeking to escape a competitive education system have found a haven in Thailand
Chinese families are increasingly flocking to Thailand for the country's quality international schools and relaxed lifestyle
05.09 / 01:13
DOW
Manufacturing
economy
NVIDIA
show
electronic
reports
Global stocks tumble after Wall Street drops on worries about the economy
Global stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start
03.09 / 05:40
03.09 / 05:03
UPS
FIVE
Reuters
Tesla
2020
reports
recommendations
Tesla plans six-seat Model Y, production slated for 2025 in China, sources say
Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said, as the U.S. automaker strives to increase the appeal of its best-selling yet aging electric vehicle (EV). Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the people, who declined to be named as the plan is not public. Tesla did not immediately respond to a request for comment.
03.09 / 03:06
Cooper
Progressive
security
country
peace
International
Kazakhstan aims to position itself as hub of Eurasia with emphasis on rule of law
Kazakhstan’s commitment to progress, urging the nation to look beyond provocations and rely on the rule of law in his Monday’s 2 state-of-the-nation address, “Law and order must reign in our society. This is a fundamental condition for ensuring both public and individual security. Only by adhering to this principle can we build a Just, Clean, and Safe Kazakhstan,” he said. Tokayev emphasized the need for a peaceful and balanced foreign policy, stressing that diplomacy is essential in strengthening Kazakhstan’s sovereignty, protecting the rights of its citizens abroad, promoting national interests and attracting investment.
02.09 / 04:33
01.09 / 09:22
Cooper
Ball
information
travelers
International
cricket
Indian should not come to Pakistan for Champion's Trophy: Former Pak spinner Danish Kaneria
Champions Trophy 2025, scheduled to be hosted by Pakistan, has stirred discussions in the cricketing world, especially regarding India's potential participation. Despite being chosen as hosts, Pakistan faces challenges due to the ongoing political tension between the two nations, which has hindered any bilateral cricketing series since 2013.
30.08 / 17:51
President
country
reports
Updates
India confirms invitation from Pakistan for SCO meeting in October
India confirmed on Friday that it has received an invitation from Pakistan for the upcoming Shanghai Cooperation Organisation's (SCO) Council of Heads of Government meeting to be held in Islamabad in October. Pakistan invited Prime Minister Narendra Modi on Thursday to the SCO's Council of Heads of Government meeting. «Yes, we have received an invitation from Pakistan for the SCO's Council of Heads of State that is to happen. We do not have an update on that,» a spokesperson of the Ministry of External Affairs (MEA) said in response to a reporter's question during his media briefing here. Pakistan holds the rotating chairmanship of the SCO Council of Heads of Government (CHG) and in that capacity, will be hosting the two-day in-person SCO Heads of Government meeting in October.
30.08 / 12:44
29.08 / 08:59
29.08 / 04:37
markets
security
Tesla
NVIDIA
President
reports
Features
China's electric car race is becoming more about chip prowess as companies focus on tech
BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech features such as the driver-assist function.
28.08 / 14:44
28.08 / 04:43
28.08 / 04:23
markets
UPS
Target
FIVE
Booking
Experts
recommendations
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
lacklustre on Tuesday, August 27, as optimism about the start of the US rate cut cycle was clouded by persisting geopolitical tensions in the Middle East. Benchmark Nifty 50 closed at 25,017.75, up 7 points, or 0.03 per cent, while the Sensex settled 14 points, or 0.02 per cent, up at 81,711.76. However, the mid-and small-cap indices on the BSE rose about half a per cent each, lifting the overall market capitalisation of firms listed on the BSE to a record ₹463 lakh crore.
27.08 / 20:16
Manufacturing
Action
Tesla
Trade
President
reports
Canada is hiking tariffs on Chinese-made EVs, steel
Canada is set to introduce higher tariffs on Chinese-made electric vehicles and Chinese steel, Prime Minister Justin Trudeau told reporters in Halifax on Monday.
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