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Shanghai

EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai

EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai

Thu, May 23, 2024

Tesla opened an EV plant in Shanghai in 2019 that assembles cars for China, Europe and other overseas markets. It is the No. 2 seller in the booming Chinese market for electric vehicles. The market leader is Chinese auto company BYD.

Asian stocks edge lower, dollar firm as US inflation data looms

Asian stocks edge lower, dollar firm as US inflation data looms

Tue, May 09, 2023

An index of Asian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, although mainland Chinese shares and Japanese equities bucked the trend.

Asian markets on course for weekly drop amid recession fears

Asian markets on course for weekly drop amid recession fears

Fri, Apr 21, 2023

On the heels of other signals that the world's biggest economy is slowing down, the data helped drag Brent crude futures , a bellwether for global activity, down 2.4% for their steepest single-day drop in five weeks.

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Asian stocks ease, dollar subdued as investors tread with caution

Asian stocks ease, dollar subdued as investors tread with caution

Thu, Apr 20, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.16% lower, while Japan's Nikkei (.N225) was up 0.07%. Australia's S&P/ASX 200 index (.AXJO) was 0.07% lower.

Asian stock markets rise as Singapore joins the rate hike pause camp

Asian stock markets rise as Singapore joins the rate hike pause camp

Fri, Apr 14, 2023

The Monetary Authority of Singapore (MAS) surprised many by leaving policy unchanged, saying the tightening already underway would ensure inflation slowed sharply later this year.

Asian stocks choppy as US inflation slows and dollar drops; Hong Kong shares down nearly 1%

Asian stocks choppy as US inflation slows and dollar drops; Hong Kong shares down nearly 1%

Thu, Apr 13, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slid 0.3 per cent, largely pressured by a 1.5 per cent drop in Hong Kong tech stocks (.HSTECH) in the wake of the Financial Times reporting SoftBank was selling down its Alibaba stake.

Japan's Nikkei 225, South Korea's KOSPI, other Asian indices subdued ahead of US inflation data, Fed minutes

Japan's Nikkei 225, South Korea's KOSPI, other Asian indices subdued ahead of US inflation data, Fed minutes

Wed, Apr 12, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.17% lower in choppy trading. Japan's Nikkei (.N225) was 0.49% higher, while Australia's S&P/ASX 200 index (.AXJO) rose 0.65%.

China Covid Restrictions: Shanghai district orders mass COVID-19 testing, lockdown

China Covid Restrictions: Shanghai district orders mass COVID-19 testing, lockdown

Fri, Oct 28, 2022

China's largest city of Shanghai is ordering mass testing Friday on all 1.3 million residents of its downtown Yangpu district and confining them to their homes at least until results are known.

Covid crisis haunts China again: Highly infectious new Coronavirus variant detected

Covid crisis haunts China again: Highly infectious new Coronavirus variant detected

Wed, Oct 12, 2022

New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.

Covid returns to haunt China's Shanghai: Three-day mass testing from tomorrow to arrest virus spread

Covid returns to haunt China's Shanghai: Three-day mass testing from tomorrow to arrest virus spread

Mon, Jul 18, 2022

Shanghai will require residents across nine of the city`s districts and some smaller areas to undergo testing for COVID-19, the city government said on Monday.

China's Shanghai reports more symptomatic COVID cases as more lockdowns imposed

China's Shanghai reports more symptomatic COVID cases as more lockdowns imposed

Sat, Apr 16, 2022

China`s financial centre Shanghai reported a new record number of symptomatic COVID-19 cases on Saturday as the country imposed new lockdowns, underscoring its "dynamic clearance" approach to COVID control.

ABB buys a majority stake in Chinese electric vehicle charging company

ABB buys a majority stake in Chinese electric vehicle charging company

Mon, Oct 28, 2019

The acquisition, the first under Chief Executive Peter Voser, is intended to boost ABB`s presence in the fast-growing Chinese electric vehicle market, and strengthen the company`s relations with makers of electrically-powered trucks and cars.

Fast Money: These 20 shares will help you earn more today, January 9th, 2019

Fast Money: These 20 shares will help you earn more today, January 9th, 2019

Wed, Jan 09, 2019

In this segment of Zee Business know which shares will help you earn more today, January 9th, 2019. Watch full video for more info.

Fast Money: These 20 shares will help you earn more today, January 8th, 2019

Fast Money: These 20 shares will help you earn more today, January 8th, 2019

Tue, Jan 08, 2019

In this segment of Zee Business know which shares will help you earn more today, January 8th, 2019. Watch full video for more info.

China's Fosun Pharma to buy stake in India's Gland Pharma

China's Fosun Pharma to buy stake in India's Gland Pharma

Sun, Sep 17, 2017

Fosun Pharma has now agreed to reduce the size of the stake acquisition in India's Gland Pharma to 74% from 86% earlier.

Connaught Place 9th costliest office market in the world; Mumbai lags: CBRE

Connaught Place 9th costliest office market in the world; Mumbai lags: CBRE

Fri, Jun 16, 2017

According to CBRE's latest bi-annual global prime office occupancy report, Connaught Place in New Delhi has been ranked as the 9th costliest place for office loaction in the world which makes it costlier than Dubai, downtown Boston and Shanghai.

Despite demonetisation, Bengaluru, New Delhi & Mumbai record healthy growth in office rental in Q1: Knight Frank

Despite demonetisation, Bengaluru, New Delhi & Mumbai record healthy growth in office rental in Q1: Knight Frank

Tue, Jun 06, 2017

Highlights: 1. CBD area of Bengaluru registered 4.7% growth in the office rental space in Q1 of 2017 2. Connaught Place area of New Delhi recorded 4.3% growth in office rental in Q1

Asia stocks mixed, but Trump's troubles weigh

Asia stocks mixed, but Trump's troubles weigh

Fri, May 19, 2017

Japan`s Nikkei was almost 0.1 percent higher, headed for a decline of 1.6 percent for the week.

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Tue, May 16, 2017

India's financial capital Mumbai has recorded 1.1% price growth in luxury homes market during the 12-month period between March 2016 to March 2017, said Knight Frank report.

Asian stocks ease, cautious ahead of central bank announcements

Asian stocks ease, cautious ahead of central bank announcements

Wed, Mar 15, 2017

Japan`s benchmark Nikkei average opened down 0.52% while the broader Topix edged 0.41% lower.

Asia stocks erase losses but some investors await Trump talk

Asia stocks erase losses but some investors await Trump talk

Mon, Feb 27, 2017

The broad Asia-Pacific index, which fell 0.7% on Friday, is still up more than 11% since end-December.

Asian shares off 1 1/2-year high, Trump's yuan comment in focus

Asian shares off 1 1/2-year high, Trump's yuan comment in focus

Fri, Feb 24, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan was down 0.1% in early trade.

China 2016 home prices surge most in 5 years, but moderating, easing bubble fears

China 2016 home prices surge most in 5 years, but moderating, easing bubble fears

Wed, Jan 18, 2017

Prices of new homes in China grew last year at the fastest rate since 2011, but moderated enough in December to calm fears of a speculative bubble bursting with disastrous economic consequences.

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