Asian stocks mostly lower as investors look ahead to Fed meeting; Shanghai off 1.5 pctSeptember 21st, 2009 Asian stocks lower as investors eye Fed meetingHONG KONG — Asian stocks were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. recovery. A number of markets across the region including Japan were closed for holidays.
Asia stocks slide as investors tread cautiously; China off 2.5 percent on recovery fearsAugust 25th, 2009 Asian stocks slide amid caution, China off 2.5 pctHONG KONG — Asian stocks dropped Tuesday, with China's main index tumbling about 2.5 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. The selling came after the region advanced for three straight days and showed just how volatile the markets have become as investors try to determine if this year's rally has more momentum given the world economy's fragile state.
Asia stocks slide as investors tread cautiously; China off 3.5 pct on recovery fearsAugust 25th, 2009 Asian stocks slide amid caution, China off 3.5 pctHONG KONG — Asian stocks dropped Monday, with China's main index tumbling more than 3 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. The selling came after the region advanced for three straight days and showed just how volatile the markets have become as investors try to determine if this year's rally has more momentum given the world economy's fragile state.
Asian stock markets mostly higher in cautious trade, but Shanghai shares fall modestlyAugust 19th, 2009 Asia stock markets mostly higher in cautious tradeHONG KONG — Most Asian stock markets drifted higher Wednesday, but many investors held back for clues to whether the recent rally would resume or continue to peter out. Several major markets — including China, Japan and Hong Kong — fluctuated in thin, lethargic trade that bucked an overnight rebound on Wall Street.
Morgan Stanley to buy Shanghai complex from Chinese developer for $358.5MAugust 18th, 2009 Morgan Stanley to buy Shanghai complex for $358.5MNEW YORK — Chinese developer SOHO China Ltd. has agreed to buy a multistory office and retail complex in Shanghai, The Exchange, from Morgan Stanley's real estate fund for about $358.5 million.
Weinsteins' Asian debut 'Shanghai' aims for fall release in the regionAugust 13th, 2009 Weinsteins aim for fall release of Asian debutHONG KONG — The Weinstein brothers' Asian debut is aiming for a fall release in the region, a year after finishing shooting, but its U.S. release date still hasn't been decided, the Hollywood filmmakers' production company said Thursday.
China arrests Rio Tinto's Shanghai GM on bribery chargesJuly 10th, 2009 MELBOURNE - The Chinese Government has arrested the Shanghai-based general manager of multinational mining and resources, Rio Tinto, on charges of bribing staff of Chinese steel companies during iron ore negotiations this year. Australian Foreign Minister Stephen Smith disclosed that Stern Hu is being detained on suspicion of spying and stealing state secrets in China.
Four mining firm employees detained in China for spyingJuly 9th, 2009 SHANGHAI - Four employees of the international mining group Rio Tinto Ltd. have been detained on charges of stealing China's state secrets, authorities said Thursday.
Correction: China-Luxury ShanghaiJuly 9th, 2009 Correction: China-Luxury ShanghaiSHANGHAI — In a July 6 story about Shanghai
China to loan regional group including Russia, Central Asia $10 billion to help economiesJune 16th, 2009 Hu: China to loan regional group $10 billionYEKATERINBURG, Russia — Chinese leader Hu Jintao says China will extend a $10 billion loan to a regional group that also includes Russia and four Central Asian states. The move adds muscle to China's role in the Shanghai Cooperation Organization, which it dominates along with Russia.
Asian stocks fall, taking breather from rally, as global recovery prospects mulledJune 15th, 2009 Asian stocks fall as recovery prospects mulledTOKYO — Asian stocks edged lower Monday as investors assessed whether recent signs of improvement in the recession-hit global economy justify the enormous rally in markets since March. Over the weekend, finance ministers from the Group of Eight industrialized nations, meeting in Italy, acknowledged "signs of stabilization in our economies." But they also said it was too early to withdraw massive fiscal and monetary stimulus because the fallout from the financial and economic crisis wasn't over.
Asian stock markets give up ground as investors pause from recent rally; Nikkei down 1 pctMay 12th, 2009 Asian stocks fall as investors pause from rallyHONG KONG — Asian stocks fell Tuesday as grim export figures from the world's third-largest economy provided a sobering reminder that global demand remains in the doldrums. Most major markets were lower, with Shanghai and Hong Kong stocks fluctuating after the central government said China's exports plunged 22.6 percent in April from a year earlier — the sixth straight monthly decline.
China suspends flights from Mexico, traces passengersMay 2nd, 2009 SHANGHAI - China Saturday suspended all flights from Mexico where over 300 confirmed cases of swine flu have been reported. The foreign ministry said the government is also trying to trace 11 passengers who had travelled on the same flight to Sanghai as a Mexican man infected with swine flu.
Jackie Chan, Yao Ming appointed ambassadors for Shanghai ExpoMay 1st, 2009 SHANGHAI - Hong Kong film star Jackie Chan and NBA star Yao Ming have been appointed promotion ambassadors for the 2010 Shanghai World Expo on Thursday. "I will spare no efforts to pay close attention to the Expo and help promote it throughout the world," said Jackie Chan.
Suwon edges Shanghai Shenhua 2-1 in Asian Champions LeagueApril 22nd, 2009 ACL: Suwon edges Shanghai Shenhua 2-1SUWON, South Korea — Suwon Samsung Bluewings moved closer to a place in the knockout stage of the Asian Champions League after rallying to beat Shanghai Shenhua 2-1 on Wednesday. Bulgarian star Yanko Valkanov gave Shanghai an early lead but two goals in the space of three minutes just before the break by Lee Sang-ho and Bae Ki-jong put the South Koreans in control.