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  • 02/01/2018 21:46:44

    18 hurt in Shanghai van crash; police say accident, not terror attack: reports

    A minivan plowed into pedestrians in downtown Shanghai, China, on Friday, according to media reports, injuring at least 18 people. At least three of those are in critical condition, the state-run People's Daily newspaper reported. The incident, apparently an accident, happened at a busy intersection by a Starbucks Corp. cafe near People's Park around 9 a.m. local time, according to reports. The People's Daily reported the van was carrying multiple gas cannisters inside, which burst into flames. Videos shared on social media show a brown van crashed into a tree, multiple victims sprawled motionless on a sidewalk, and firefighters dousing flames coming from the interior of the van. Authorities believe the incident was an accident, not a terror attack, the Associated Press reported, citing Shanghai police who said the driver was smoking while transporting gas cannisters.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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