International Business News - Shanghai http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Shanghai Composite Index fell 84.95 points, or 4.28 percent, to close at 1898.81 points for the morning session. Shenzhen Composite Index down 291.30 points, or 4.35 points, to close at 6405.53 points. http://www.ibtimes.com/articles/20081120/china-shanghai-and-shenzhen-markets-continue-fall-global-financial-crisis-ripples-through-asia.htm Thu, 20 Nov 2008 23:25:53 EST The NBA's new joint venture to design and develop a dozen basketball arenas in China is expected to start in Shanghai. The Shanghai arena plan still needs approval from China's Ministry of Culture and Ministry of Commerce, officials have cautioned. But Tuesday's splashy announcement on the banks of Shanghai's Huangpu River had the feel of a done deal. http://www.ibtimes.com/articles/20081014/nba-to-develop-events-arena-in-shanghai.htm Tue, 14 Oct 2008 07:47:56 EDT A Himalayan boulder in pink, a buxom pig sculpture strutting on silver hoofs in a green dress and pearls, waist-high white porcelain penguins--these and more were recently offered as three major art fairs converged on China's commercial capital. http://www.ibtimes.com/articles/20080924/shanghais-art-season-festivals-draw-global-crowd.htm Wed, 24 Sep 2008 12:21:46 EDT Westlake Chemical Corp. said Thursday that it opened an office in Shanghai, China, to expand its presence in the region. Westlake, a petrochemical and fabricated products company, has a joint venture in Suzhou, China, that makes products such as PVC resin, PVC films and window profiles. http://www.ibtimes.com/articles/20080911/westlake-chemical-opens-office-in-shanghai-china.htm Thu, 11 Sep 2008 13:51:08 EDT Trucking company YRC Worldwide Inc. said Tuesday it has completed its acquisition of one of the largest less-than-truckload carriers in China. YRC, the largest less-than-truckload carrier in the U.S., said it paid $44.7 million for 65 percent of the stock of Shanghai Jiayu Logistics Co. It plans to buy the remaining 35 percent in 2010 for up to $39 million, depending on the company's performance over the next two years. http://www.ibtimes.com/articles/20080819/yrc-worldwide-closes-deal-for-shanghai-jiayu.htm Tue, 19 Aug 2008 17:07:38 EDT A former land use official in Shanghai has been sentenced to death as an investigation into bribe-taking in return for real estate approvals winds down in China's biggest city, reports said Friday. http://www.ibtimes.com/articles/20080815/shanghai-official-gets-death-sentence-for-bribery.htm Fri, 15 Aug 2008 03:58:25 EDT China's largest city and the host of a dozen Olympic soccer matches started tightening security over the weekend at airports and train stations, according to reports in state-run media Monday. http://www.ibtimes.com/data/articleimgs/94888-police.jpg http://www.ibtimes.com/articles/20080721/shanghai-tightens-security-olympic-games-near.htm http://www.ibtimes.com/articles/20080721/shanghai-tightens-security-olympic-games-near.htm Mon, 21 Jul 2008 08:45:41 EDT One of China's richest people has been detained in a fraud investigation involving loans worth $626.8 million, state-run media reported Wednesday. Shanghai highway contractor Liu Genshan was detained a week ago, the Shanghai Daily newspaper reported. http://www.ibtimes.com/articles/20080709/chinese-tycoon-detained-in-fraud-probe.htm Wed, 09 Jul 2008 10:45:52 EDT A Russian film about a teenager surprised by the sudden appearance of the father she thought to be dead won the top prize at the 11th Shanghai International Film Festival. http://www.ibtimes.com/articles/20080623/russian-film-takes-top-prize-in-shanghai.htm Mon, 23 Jun 2008 11:49:55 EDT Shanghai's Jewish community celebrated the launch Friday of a database that will document the stories of the thousands of refugees who found a safe haven in China's commercial capital during World War II. http://www.ibtimes.com/articles/20080606/new-database-on-legacy-of-shanghai-jews.htm Fri, 06 Jun 2008 06:39:21 EDT AMD Inc, the world's second largest chipmaker, announced updated plans for new computer server processors on Wednesday, including versions with six and twelve processing cores. http://www.ibtimes.com/articles/20080508/amd-intel-istanbul-mangy-cours-shanghai.htm Thu, 08 May 2008 00:59:41 EDT A rush-hour fire and explosion on a Shanghai bus Monday killed three people and injured at least 12, local police and state media reports said. The three died when the No. 842 bus in Yangpu district in northern Shanghai caught fire at about 9 a.m. local time, said a brief statement issued by Shanghai police on their Web site. http://www.ibtimes.com/data/articleimgs/43960-china-shanghai-bus-explosion.jpg http://www.ibtimes.com/articles/20080505/shanghai-bus-explosion-kills-3-injures-12.htm http://www.ibtimes.com/articles/20080505/shanghai-bus-explosion-kills-3-injures-12.htm Mon, 05 May 2008 01:36:26 EDT A rush-hour explosion on a Shanghai bus killed at least three people Monday, state media said. The official Xinhua News Agency said the three died in the blast at about 9 a.m. (9 p.m. EDT Sunday), according to firefighters at the scene. http://www.ibtimes.com/articles/20080504/shanghai-bus-explosion-reportedly-kills-3-people.htm Sun, 04 May 2008 23:34:31 EDT