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 Shanghai

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updated Tue. March 27, 2018

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ReutersBEIJING (Reuters) -- Shanghai crude oil futures launched on Monday with mom-and-pop and institutional investors fueling much higher turnover than many expected for China's new commodity benchmark that is aimed at dominating the Asian market. In a sign the contract has lured ...
Shanghai Crude Oil futures to give Asian buyers room for more arbitrage New Delhi: China's launch of Yuan-denominated oil future contracts -- the first of its kind for Asian markets - will give Asian buyers more room for arbitrage and will increase China's bargaining power to price energy supplies.

Chinese actor-director Jiang Wen will head the jury at the upcoming Shanghai International Film Festival, it was announced Monday. As an actor, Jiang is renowned for his roles in "Hibiscus Town" (1986) and "Red Sorghum" (1987). Audiences around the world saw him in 2016's "Rogue One: A Star ...
The 15.4 million barrels done in Shanghai's 2-1/2-hour morning session initially topped the Brent May crude contract, before Europe's benchmark came alive around 0500 GMT. "We've seen already this morning it appears to be a liquid contract from the off," said David Martin, JPMorgan Chase & Co's ...
SINGAPORE, March 26 (Reuters) - Unipec, the trading arm of Asia's largest refiner Sinopec, has inked a deal with a western oil major to buy Middle East crude priced against the newly-launched Shanghai crude futures contract < 0#ISC:>, a senior company official said on Monday. Hong ...
To capture the opportunities arising from China's entry into the World Trade Organisation and the 2008 Olympic Games in Beijing, the company would concentrate on grade-A office space, intelligent buildings and expatriate housing such as villas and serviced apartments in Shanghai and Beijing, he said.
Shanghai has dropped controversial plans to revoke the residency rights of people who also have permanent residency in countries overseas. The proposals, announced earlier this month, ordered Shanghai residents who had "settled down abroad or obtained other nationalities" to report to the police ...
The Shanghai authorities say they are cutting business red tape, including slashing the time needed to launch a new company, in an attempt to give the eastern commercial powerhouse an edge in wooing more international trade and investment. Officials told a news conference on Monday they will ...
BEIJING, Feb. 25 (Xinhua) -- China's financial hub Shanghai outperformed other provincial regions in per capita disposable income last year, official data showed. Average per capita disposable income in Shanghai reached about 59,000 yuan (9,316 U.S. dollars) last year, the highest among China's 31 ...
SHANGHAI, Feb. 25 (Xinhua) -- Foreign-funded banks based in Shanghai last year recorded the lowest bad loan rate in five years, according to the local banking regulator. By the end of last year, the bad loan rate of these banks was 0.34 percent, the lowest in five years, according to the Shanghai Bureau ...
"I think it's totally remarkable that they're still standing in Shanghai." Strangely, it was Mr Hack's inheritance of a finely crafted Japanese vase that inspired him to delve into the story. His research led him to publish a book titled The Art Deco Department Stores of Shanghai: The Chinese-Australian ...
Another high-profile opening in Shanghai is the adaptive reuse Capella Jian Ye Li, refurbished by local firm Kokaistudios and Singapore-based Jaya Interior Design (founded by late Indonesian designer Jaya Ibrahim, whose projects were taken over by Bangkok studio Blink Design Group after the latter's ...
BEIJING (CHINA DAILY/ASIA NEWS NETWORK) - Shanghai's food and drug watchdog and the municipal police recently cracked a major case of producing and selling counterfeit ejiao, a gelatin made of donkey hides, while falsely using a famous brand name. Altogether 36 suspects from Shanghai and ...
Shanghai is the sixth wealthiest city in the world, according to the latest report from New World Wealth. The report, which posits that total private wealth is 'a far better gauge of the financial health' of an economy than GDP, calculates that Shanghai citizens have a combined wealth of 2 trillion USD, putting ...
Last summer, the company started out by setting up racks for about 50 umbrellas -- complete with display screens -- at each station on Line 2 of the Shanghai Metro. The umbrellas are unlocked by holding a smartphone app over a reading device. Mosun's rivals are the umbrella vendors who converge on ...
SHANGHAI, Feb. 18 (Xinhua) -- Shanghai municipal government issued a notice Sunday afternoon on its official Wechat account, advising visitors against flocking to over-crowded tourist attractions. The Oriental Pearl Radio and TV Tower, Shanghai Museum, and Madame Tussauds wax museum were ...

SHANGHAI, Feb. 17 (Xinhua) -- After so many years, memories of a Chinese New Year Eve dinner remain so fresh for Paul Swenson that he can name every dish: eight-treasure rice pudding, seasoned duck, prawns, and his favorite -- spring rolls, which Swenson said looked like "little gold bars." "Shanghai ...
It may come as a surprise, therefore, that for the past eight years the company has been owned and successfully run by a Shanghai businessman. Founded in 1959, Honma Golf fell on hard times with the collapse of Japan's bubble economy in the 1990s. It had overinvested in golf courses and made other ...
About an hour southwest of Shanghai, on 10 hectares of land now replanted with the 10,000 rescued camphor trees, Amanyangyun is the work of Kerry Hill Architects, who has restored and meticulously reassembled 26 of the 50 historic homes. 13 of these have been transformed into one or two-bedroom ...
Two would-be thieves in Shanghai, China, failed miserably when trying to commit a robbery. One of the thieves attempted to break a window with a brick but the brick just rebounded off. The accomplice then decided to try but ended up throwing it at the head of the first robber, knocking them unconscious.
ISLAMABAD - Reiterating Islamabad's commitment toward 'Shanghai Spirit', Prime Minister Shahid Khaqan Abbasi said that they would play their part in achieving common pursuit of development and economic prosperity of member states of Shanghai Cooperation Organisation. He was talking to visiting ...
Scores joined social media groups for the occasion, encouraged by Professor Guo who announced “many of you know me as 'the teapot' – my nickname on WeChat.” He introduced President Gast, “whose many ties to China range from the photos of Shanghai on her office wall to an honorary professorship ...
The cold cuts through like a knife as I exit the plane and pile onto a bus taking us to the terminal at Shanghai's Pudong International Airport. It's an abrupt end to a steamy Sydney summer and a sudden realisation that I have swapped my comfortable life in Australia for a foreign country where the climate, ...
Scientists in Shanghai announced this week that they conducted the world's first ever successful monkey cloning using non-reproductive cells. The two cloned female crab-eating macaques, named Zhong Zhong and Hua Hua (after the word “Zhonghua,” meaning "Chinese Nation"), were born at the ...
Michael Wang, a small-business owner in Shanghai, said he found improved services at banks in China that used to be notorious for long queuing times. “It's unlike five or 10 years ago when cold, poker-faced staff were the norm and consumers had to bear long queues, sometimes lasting hours,” he said.
The first snowfall of the year landed in Shanghai, China's biggest city, on Wednesday afternoon, making the skyline and landscape breathtakingly ... The Shanghai Meteorological Bureau issued a yellow road icing alert at 9 p.m., warning residents that streets could potentially freeze within 12 hours and ...
BEIJING, Jan. 27 (Xinhua) -- Chinese Internet giant Tencent has opened its first cashier-less pop-up store in Shanghai in a move to tap into the country's promising unmanned retail industry, China Daily reported Saturday. At the 300-square meter shop named We Life, shoppers can use WeChat Pay, the ...
The famed Shanghainese writer Wang Anyi once wrote that to understand the soul of Shanghai one must first decipher the maze of its longtangs, the snaking alleyways of the city. “Something is flowing in the longtang that . . . has nothing to do with things like history, or even unofficial history,” the narrator of Wang's novel ...
Since Wednesday night, an uncommon amount of snow has fallen on China's business and commercial center. Snow in some areas is up to 4 cm deep. Shanghai has not seen significant snowfall for years. The Shanghai Meteorological Center has issued two yellow alerts, but residents are more thrilled ...
In one day Starbucks' Shanghai Roastery makes more than double what a traditional U.S. store makes in an average week. The Reserve Roastery has been open in Shanghai for eight weeks. China saw same-store sales rise 6 percent during the first quarter. Chairman Howard Schultz said he expects ...
Shanghai residents are revelling in rare snow, but the extreme weather has disrupted flights and trains in the region and the city also saw a series of traffic accidents during rush hour on Friday. Many people braved the cold to enjoy the novelty of snow blanketing downtown Shanghai, which has not seen ...
BEIJING - The population of Beijing and Shanghai dipped slightly last year (2017) for the first time since 1978, as China's two mega cities seek to shed lower-end industries and slow population growth, reported Global Times newspaper. Latest figures from the National Bureau of Statistics showed the ...
After BingoBox, Alibaba and Suning made their move into the unmanned store arena, WeChat has now joined the battleground by opening its first staff-less store at MixC. Unlike other unmanned stores, WeChat Pay designed its store, which is called WeLive, as a 'pop-up' to be open from January 20 to ...
The population of Beijing and Shanghai, for the first time since 1978, recorded a slight decline in 2017, as China's two mega cities strive to shed lower-end industries and slow population growth. According to the latest figures released by the statistics bureaus of the two cities, the population of Beijing ...
13 that it would seek an IPO of its subsidiary Foxconn Industrial Internet in Shanghai, with an eye on keeping 85% control of the new entity following the listing. Foxconn declined to comment directly on whether the iPhone business could be injected into FII. The timeline for the possible move is unclear.
13 that it would seek an IPO of its subsidiary Foxconn Industrial Internet in Shanghai, with an eye on keeping 85% control of the new entity following the listing. Foxconn declined to comment directly on whether the iPhone business could be injected into FII. The timeline for the possible move is unclear.
Shanghai will earmark an area for stress tests to pave the way for the city's building of a free-trade port, the latest sign that the mainland's commercial capital is looking to further open up its market. Mayor Ying Yong told the annual session of the local People's Congress on Tuesday that the area undergoing ...
There is a persistent media approach that always finds something to criticize about China's economy. China's growth is on track, but the reports are always tempered by warnings of doom, or suspect economic figures. Despite that, China's economy remains robust and healthy. The Shanghai composite ...
Skyscrapers are reflected in a puddle of water in the early morning at the Bund in Shanghai, Oct 20, 2015.[Photo/Xinhua]. Shanghai became the first city in China, the world's second-largest economy, to top GDP of 3 trillion yuan ($469 billion) and achieved higher-than-expected growth last year, official data ...
Just when you thought it was finally getting a little warmer, weather forecasts indicate that snow might be hitting Shanghai next week. It Might Snow in Shanghai Next Week. Over the next few days, Shanghai will continue to have overcast skies as temperatures are expected to remain at lows of 7-8 degrees ...
Shanghai Pudong Development Bank was fined $72 million for illegal lending activities, marking one of the stiffest penalties handed out so far in China's crackdown on wrongdoing in its financial markets. The China Banking Regulatory Commission's bureau in Sichuan province delivered the 462 million ...
20 (CNA) Namchow Holdings Co., one of Taiwan's major food suppliers, said Saturday that its subsidiary in Shanghai will file an application with the authorities in ... The food vendor said the listing as A shares in China is scheduled to take place in 2019 at the earliest to make Shanghai Namchow the first ...
SHANGHAI, Jan. 19 (Xinhua) -- Shanghai's economy grew 6.9 percent year in 2017 to 3 trillion yuan (460 billion U.S. dollars) last year, said local statistics bureau Friday. The growth was achieved through measures to boost the real economy when the property sector cooled, said the Shanghai Municipal ...
Shanghai's mass-transit system this week will begin accepting QR code payments through an app connected to a digital wallet, following a successful pilot. Shanghai Shenton Metro Group, which operates the world's largest subway system, developed a mobile app leveraging QR codes that users may ...
[HONG KONG] Shanghai Pharmaceuticals Holding Co Ltd said on Friday it planned to sell HK$3.13 billion (S$528.7 million) worth of new shares to fund the development of its manufacturing and distribution businesses. The Chinese company plans to sell 153.18 million new H-shares, or 5.39 per cent of its total enlarged ...
SHANGHAI, Jan. 19 (Xinhua) -- Apple on Friday replied to an inquiry from the Shanghai Consumer Council over the slowing down of older iPhones after iOS updates to offset battery performance. The company said an upcoming version of Apple's mobile iOS will allow iPhone owners to make the decision ...
With over 51,000 listed ramen shops, Japan's choices for noodles are more than the most voracious eater could tackle. To make sense of these myriad options, anonymous diners on restaurant listing sites like Tabelog (the Japanese equivalent of Yelp or Dianping) rank them meticulously and stringently.
SHANGHAI, Jan. 19 (Xinhua) -- Shanghai has promised to extend legal aid to foreign suspects, local justice authorities said. In 2017, legal aid was provided to foreign suspects in 119 criminal cases, up 19 percent from the previous year, said Zhang Ming, deputy director of Shanghai Legal Aid Center.
Shanghai's Oriental Pearl Tower is barely visible in the distance while only the top of the 88-storey Jinmao Tower is seen peeking out of the thick blanket of fog in this photo taken from the Shanghai World Financial Centre on Tuesday morning. The Chinese city was experiencing unusually misty conditions ...


 

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