The Latest Breaking News from Shanghai

Half of Shanghai in Lockdown to Curb Covid-19 Outbreak

Millions of people in China's financial hub were confined to their homes on Monday as the eastern half of Shanghai went into lockdown to curb the country's biggest ongoing Covid-19 outbreak. The move, announced late Sunday, caused a run on grocery stores by residents who have become increasingly exasperated with…

Asharq Al-Awsat · Mar 28, 2022

Shanghai Composite Index Rose 0.07% on Monday

Shenzhen Component Index closed down 1.02%

Caixin Global · Mar 28, 2022

Oil Falls as Shanghai Lockdown Boosts Fears Over Weaker Demand

Oil prices fell more than $3 on Monday as fears over weaker fuel demand in China grew after its financial hub of Shanghai launched a planned two-stage lockdown on Monday to contain a surge in COVID-19 infections. The market kicked off another week of uncertainty, buffeted on one side by…

Asharq Al-Awsat · Mar 28, 2022

Shanghai to lock down half city in turns for mass Covid test

Shanghai will lock down each half of the mega city in turns to conduct a mass testing blitz as authorities scramble to staunch a spiralling virus outbreak in the financial hub and beyond.

Bangkok Post · Mar 27, 2022

Shanghai Hits a New High in Daily Covid Cases

On Friday, the Asian financial hub reported 38 confirmed local infections and 2,231 asymptomatic cases

Caixin Global · Mar 26, 2022

Shanghai's Covid cases hit a record as testing intensified

SHANGHAI: Shanghai's Covid cases jumped more than 60% in a single day, topping 1,600 on Friday, even as authorities escalated restrictions that many feared would plunge the Chinese financial hub into city-wide lockdown.

The Times of India · Mar 25, 2022

Shanghai Composite Index Fell 1.17% on Friday

Shenzhen Component Index closed down 1.89%

Caixin Global · Mar 25, 2022

Frustration with Covid response grows in China as daily cases near 5,000

As the Omicron variant takes hold, some say the country’s hardline approach is causing more deaths than the virus itself

The Guardian - AU · Mar 25, 2022

Hermès brings pop-up gym to Bangkok

With creative flair, the Parisian luxury brand Hermès is challenging the fashion world in the post-pandemic era by opening a new gym, HermèsFit, where everyone can join in a fit, healthy and lavish lifestyle and also experience the house's fantastic range of accessories as well as silk materials. A few…

Bangkok Post · Mar 24, 2022

Shanghai Financial Firms Ask Staff to Sleep in Office Amid Local Covid Flare-Up

Authorities issue stay-at-home orders, launch mass testing in the city’s busy financial district to contain its latest Covid flare-up

Caixin Global · Mar 24, 2022