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Wednesday, May 1, 2024
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CATEGORY

Shanghai

China backs away from growth goal, sticks to virus controls

BEIJING ((DailyNews)) — China’s leaders effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year and said Thursday they will...

Asian shares mixed after China says growth weakened in 2Q

BANGKOK ((DailyNews)) — Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as...

Hong Kong burnishes China ties as luster as global hub fades

HONG KONG ((DailyNews)) — Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist...

China launches high-tech aircraft carrier in naval milestone

BEIJING ((DailyNews)) — Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a...

Asia shares slide across board amid rate hike, COVID worries

TOKYO ((DailyNews)) — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases...

Shanghai starts coming back to life as COVID lockdown eases

SHANGHAI ((DailyNews)) — Shanghai residents visited the waterfront Bund and ate and drank along streets patrolled by police early Wednesday as people in China’s...

Shanghai moves toward ending 2-month COVID-19 lockdown

BEIJING ((DailyNews)) — Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that...

Shanghai lockdown: Residents demand release, and some get it

BEIJING ((DailyNews)) — On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions imposed by...

Asian stocks mixed after Fed confirms rate hike plans

BEIJING ((DailyNews)) — Asian stock markets were mixed Thursday after notes from the Federal Reserve’s latest meeting confirmed expectations for more interest rate hikes...

Asian stock markets mixed after Wall St sinks further

BEIJING ((DailyNews)) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a...

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