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The Latest Breaking News from Shanghai

Two killed as Nio electric car falls from third floor office in Shanghai

The passengers lost control of the car in the parking area before they smashed through the windows

The Independent UK

Energy Monster Expands Its Reach, But Gets Bitten by Covid

Key Takeaways: • Leading power bank provider Smart Share Global’s revenue fell 13% in the first quarter as it suffered from pandemic lockdowns • Company hopes to improve performance with more efficient new power bank cabinet set to launch by the end of this year

Benzinga

Tesla Said To Be Planning 2-Week Halt At Giga Shanghai In July

Tesla Inc (NASDAQ: TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Two Nio Workers Die As Test Vehicle Falls Off Building In China: Report

Two Nio Inc (NYSE: NIO) employees died after a camouflaged Nio car reportedly fell from the fifth floor of the Shanghai headquarters.

Benzinga

Shanghai Composite Index Fell 1.2% on Wednesday

Shenzhen Component Index closed down 1.43%

Caixin Global

Apple Job Listing Indicates CarPlay Push in China

Maker of iPhone seeks automotive software engineers in Beijing, Shanghai and Shenzhen to help with system certification

Caixin Global

Shanghai Composite Index Fell 0.26% on Tuesday

Shenzhen Component Index closed down 0.51%

Caixin Global

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Worried about the cost of living? This is the impact inflation is having in some of the world's most expensive cities

Australia isn't the only country seeing everyday foods like iceberg lettuce go from basic to bougie. This is what life looks like for people in some of the world's most expensive cities as inflation surges.

ABC News

Shanghai Composite Index Ended Nearly Flat on Monday

Shenzhen Component Index closed up 1.27%

Caixin Global

Opinion: To Restore Public Trust, a Public Apology is Responsible Governance

China does not have a tradition of public apologies from the government, but there’s been breakthroughs in recent years

Caixin Global

Fire at Sinopec Shanghai Petchem Plant Kills One

A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant in Shanghai early on Saturday, killing one person, the company said. Roaring fire was seen engulfing part of a sprawling factory, emitting columns of thick black smoke, in a video posted on Twitter by the state-backed Shanghai Daily.…

Asharq Al-Awsat

Fire breaks out at Shanghai petrochemical plant, killing at least one person

At least one person is killed in a large fire at a Shanghai chemical plant that shot clouds of smoke across the city early on Saturday morning.

ABC News

Shanghai fire: Huge blaze at chemical plant sends flames into sky as 'explosion' heard

A fire broke out at a petrochemical plant in Shanghai after several explosions were reportedly heard. Emergency services are on the site and evacuations have taken place

Daily Mirror

China Launches High-Tech Aircraft Carrier in Naval Milestone

Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a milestone as it seeks to extend the range and power of its navy. The Type 003 carrier christened Fujian left its drydock at a shipyard outside Shanghai in the…

Asharq Al-Awsat

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Al Jazeera

China launches third aircraft carrier, the Fujian

The ship began construction in Shanghai in 2018 and is China’s first domestically-developed aircraft carrier.

Daily Mirror

University tells students they can pass their swimming test ONLINE due to Covid outbreak

One hilarious social media user clad himself in goggles and speedos before "swimming" on his bed after Shanghai Univeristy moved its practical swimming course online

Daily Mirror

Disney mega fans can visit 12 parks in 20,000 mile global jet adventure costing £90,000

Disney fans have the opportunity to use up some serious air miles and visit resorts in California, Florida, Shanghai, Paris in Giza, while also staying at a special Star Wars themed ranch

Caixin Global

Shanghai Composite Index Fell 0.61% on Thursday

Shenzhen Component Index closed up 0.11%

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Boeing Shares Take Off After China Southern Airlines Test Flight

Bangkok Post

Hong Kong slips 1 place to fourth most expensive city for luxury spending

HONG KONG: Hong Kong has slipped one place to become the fourth most expensive city on the planet for luxury goods and services, according to a report released by Swiss private bank Julius Baer on Wednesday.

Asharq Al-Awsat

Forever 21 Takes Third Crack at China with New Bricks and Mortar Store

American fast fashion retailer Forever 21 is making its third tilt at the China market, with plans to open a physical store in the country later this month. The brand said on social media platform WeChat that it would open a store "in June" at Jingjiang Impression City shopping center…

Asharq Al-Awsat

China COVID Controls Makes Apple Supplier Pegatron ‘Emphasize’ Expansion Elsewhere

China's recent lockdowns to control the spread of COVID-19 have made Apple Inc iPhone assembler Pegatron Corp "emphasize" its expansion in other countries, a senior executive at the Taiwanese firm said on Wednesday. In April, Taiwan-headquartered Pegatron suspended operations at its Shanghai and Kunshan plants in China due to strict…

Caixin Global

Shanghai Composite Index Rose 0.5% on Wednesday

Shenzhen Component Index closed up 0.95%

Bangkok Post

Shanghai lockdown sees quarter of US firms cut investment plans

SHANGHAI: Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.

Newsroom.co.nz

Portrait: Chloe Gong

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