Oil prices fell more than $3 in early trade on Monday on prospects of a drop in fuel demand in China after authorities in Shanghai said they would shut the country's financial hub for a COVID-19 ... ( read original story ...)
Shanghai to lock down in phases to tackle Covid-19 outbreak
Shanghai will launch a phased lockdown to curb an Omicron-fuelled Covid-19 outbreak that has hit China with its highest caseloads since the early days of the pandemic, the city government said ... ( read original story ...)
Shanghai reports new daily record for asymptomatic COVID cases
Shanghai reported on Sunday a new daily record for asymptomatic COVID-19 cases as the Chinese financial hub battled with a near one-month long outbreak while endless testing and localised lockdowns ... ( read original story ...)
China’s semiconductor value chain facing more disruption risk as Shanghai extends lockdown to residential area near its ‘Silicon Valley’
A number of businesses inside the park have suspended operations as new cases of the Omicron variant of Covid-19 surge in Shanghai Big chip companies such as SMIC and Hua Hong say operations are ... ( read original story ...)
Disney’s (DIS) Shanghai Resort Closed Due to COVID Surge
With asymptomatic omicron variant cases of COVID-19 hitting the 1,500-per-day mark in China, The Walt Disney Company (DIS) closed the Shanghai Disney Resort, its flagship amusement-park complex in ... ( read original story ...)
Traders Sleep in Offices to Keep Working Amid Shanghai Lockdowns
As China’s major financial centers confront their worst Covid outbreaks to date, many fund managers are rolling out sleeping bags on trading floors across Shanghai and Shenzhen. ( read original story ...)
Shanghai Disneyland closes as Covid cases rise, Shenzhen business centre reopens after week-long closure
BEIJING: Shanghai Disneyland closed Monday as China's most populous city tried to contain its biggest coronavirus flareup in two years, while the southern business centre of Shenzhen allowed shops and ... ( read original story ...)