Asia Top News and Analysis Shanghai

  • *Zhejiang, Jiangsu province set to issue similar orders. BEIJING, June 17- China ordered at least 255 Shanghai-based industrial facilities, including part of a major oil refinery operated by Sinopec Corp, to shut for 14 days to reduce pollution ahead of the G20 summit, according to an official document reviewed by Reuters. Authorities in neighbouring Zhejiang...

  • SHANGHAI, June 17- China shares rebounded on Friday morning, tracking gains in Asian markets as investor jitters calmed after the killing of a British lawmaker was seen turning sentiment against a vote to exit the European Union. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.5 percent, to 3,110.36, while the Shanghai Composite...

  • SHANGHAI, June 17- China's yuan inched up against the dollar on Friday morning but is set to post its biggest weekly loss in five weeks, as market participants look to a more gradual pace of decline in the currency in months ahead. per dollar, gaining 0.1 percent from Thursday's close, buoyed by a 0.2 percent weakening of the greenback in Asian morning trade.

  • LOS ANGELES/ NEW YORK, June 16- June was supposed to have been a triumphant month for Walt Disney Co theme parks, with the flashy opening of a long-planned resort in Shanghai and a new Florida attraction based on its wildly popular animated movie "Frozen." Instead, the company is facing a public relations crisis and the possibility of legal action after an alligator...

  • ORLANDO, Fla., June 16- Walt Disney World Resort in Orlando, Florida, plans to install signs warning of alligators in the area where a 2- year-old boy was killed by one of the reptiles, a source familiar with the matter told Reuters on Thursday. The boy was grabbed by the reptile at the water's edge at about 9:15 p.m. on Tuesday while his family, on vacation from Omaha,...

  • ORLANDO, Fla., June 16- The probe into the death of a 2- year-old boy killed by an alligator at Walt Disney World Resort in Orlando, Florida, is not criminal in nature, the local sheriff's office said on Thursday. The investigation is continuing, said Orange County Sheriff's Department spokeswoman Rose Silva, adding, "It's not criminal in nature at this time."

  • ORLANDO, Fla., June 16- The probe into the death of a 2- year-old boy killed by an alligator at Walt Disney World Resort in Orlando, Florida, is not criminal in nature, the local sheriff's office said on Thursday. The investigation is continuing, said Orange County Sheriff's Department spokeswoman Rose Silva, adding, "It's not criminal in nature at this time."

  • Analyst: Shanghai Disney park can add to profitability

    Anthony DiClemente, Nomura Senior Media & Internet Analyst, discusses Disney's new theme park in Shanghai as well as the Viacom board shakeup.

  • Disney opens new Shanghai park

    Shanghai Disneyland is opening its doors, after a decade of preparations. Barton Crockett, FBR Capital Markets, looks at the outlook for Disney's theme park segment amid the tragic alligator attack, and the new park opening in China.

  • ORLANDO, Fla., June 16- The probe into the death of a two-year-old boy likely drowned by an alligator at Walt Disney World Resort in Orlando, Florida, is not criminal in nature, the local sheriff's office said on Thursday. A Disney spokeswoman has said the company would review the posted signs that ban swimming in Seven Seas Lagoon but do not specifically warn about...

  • June 16- The investigation into the death of a two-year-old boy likely drowned by an alligator at Walt Disney World Resort in Florida is ongoing but is not a criminal case, a spokeswoman for the local sheriff's office said on Thursday. "It's still an ongoing investigation," said Orange County Sheriff's Department spokeswoman Rose Silva. The boy was grabbed by the...

  • HONG KONG/ SHANGHAI, June 16- China's yuan held above recent five-year lows on Thursday as a more cautious U.S. interest rate outlook softened the dollar, but traders expect a gradual pace of currency decline over the rest of the year. Since it launched a new-trade weighted yuan exchange rate index in December, China has frequently switched between pegging its...

  • East meets West as Shanghai Disneyland opens

    CNBC's Eunice Yoon reports on the grand opening of Disney's first theme park and resort in mainland China.

  • *Disney officially opens doors to Shanghai park. SHANGHAI, June 16- Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest castle. Disney's largest overseas investment at $5.5 billion, the park...

  • *Disney officially opens doors to Shanghai park. SHANGHAI, June 16- Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest castle. Disney's largest overseas investment at $5.5 billion, the park...

  • SHANGHAI, June 16- China stocks fell on Thursday as investors turned their focus back to the struggling economy after a brief bargain hunting spree in the previous session. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.7 percent, to 3,094.67, while the Shanghai Composite Index lost 0.5 percent, to 2,872.82 points.

  • Shanghai Disneyland

    Shanghai Disneyland is seeing an overwhelming amount of demand and ticket preorders, says ABR Investment Strategy's Bradley Gastwirth.

  • *Disney officially opens doors to Shanghai park. *China offers incredible potential- CEO. SHANGHAI, June 16- Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest castle.

  • SHANGHAI, June 16- China's yuan was steady against the dollar on Thursday after late-trade driven solid gains the previous day when the market had wagered the U.S. The People's Bank of China set the midpoint rate at 6.5739 per dollar prior to the market open, 0.4 percent firmer than the previous fix of 6.6001, which was the weakest official fix in more than five...

  • TOKYO, June 16- Asian stocks turned lower on Thursday and the yen surged after the Bank of Japan refrained from taking further stimulus steps, hours after the Federal Reserve's own review had struck a cautious note on its policy outlook. MSCI's broadest index of Asia-Pacific shares outside Japan was last down 0.8 percent after briefly rising in early trade.