Some passengers are still alive inside the hull of a passenger ship carrying 458 people, many of them elderly Chinese tourists, that capsized on the Yangtze River, state media said on Tuesday, in what could be one of China's worst disasters
The International Air Transport Association (Iata) called for further action on three vital aspects of the air cargo business: transitioning to paperless freight processes, a focus on global handling standards for pharmaceutical freight, and tou
A stampede killed at least 35 people during New Year's Eve celebrations in Shanghai, authorities said, possibly caused by people rushing to pick up fake money thrown from a building overlooking the city's famous Bund waterfront district.
Saudi Basic Industries Corporation (Sabic) has opened its state-of-the-art Sabic Technology Center (STC) in Shanghai, built with an initial investment of $100 million.
The centre, one of Sabic’s 17 Sabic global R&D cente
China opened a new free trade zone in Shanghai on Sunday in what has been hailed as potentially the boldest reform move in decades, unveiling fresh details of plans to liberalise regulations governing finance, investment and trade in the zone.
A liquid ammonia leak from a refrigeration unit at a cold storage facility in Shanghai on Saturday has killed 15 people and injured 26 others, local authorities said.
The leak occurred at 10:50 am local time (0250 GMT / 10:50 p.m.
Gold edged lower on Monday after three weeks of gains as investors awaited the results from a key Federal Reserve policy meeting this week for guidance on when the central bank would begin to scale back its stimulus.
Gold edged higher on Thursday after tumbling 12 per cent over the past 8 sessions, as soft data on US economic growth eased fears of a quick end to the Federal Reserve's monetary stimulus.
Bullion was still not far off Wednesd
China plans to scrap its decade-old iron ore import licensing system this year, an industry source said on Thursday, a move that may further lift imports in a market that takes two-thirds of the world's international iron ore trade.
China will build a second, larger aircraft carrier capable of carrying more fighter jets, the official Xinhua news service reported late Tuesday, quoting a senior officer with the People's Liberation Army (PLA) Navy.