Oil prices pushed above $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next set of supply and demand data.
Anglo-Australian miner Rio Tinto said on Tuesday it had yet to be presented with any evidence to support the detention of four of its China-based staff on suspicions of stealing state secrets.
Oil prices crept up toward $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next sets of supply and demand data.
Futures for the Dow Jones industrial average, S&P 500 and Nasdaq 100 rose 0.2-0.3 percent, pointing to a firmer start on Wall Street on Tuesday.
World stocks ticked slightly higher on Tuesday and Japan's Nikkei hit a 10-month closing high despite disappointing Chinese data that drove up the yen.
Oil rose above $71 on Tuesday, ending a three-day losing streak as record Chinese oil imports and refinery production helped offset mixed economic data, while traders anticipated key reports on the state of global demand.
Oil rose below $71 a barrel on Tuesday, ending a three-day losing streak ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.
Australia brushed off on Tuesday a Chinese report accusing iron ore miner Rio Tinto Ltd of overcharging and spying on Chinese steel mills, saying it had not been officially sanctioned.
Anglo-Australian miner Rio Tinto has yet to be presented with any evidence to support the detention of four of its China-based staff on suspicions of stealing state secrets, the firm said on Tuesday.
Oil was steady below $71 a barrel on Tuesday ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.
Oil was steady below $71 a barrel on Tuesday ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.
Oil edged up toward $71 a barrel on Tuesday, ending a three-day losing streak, ahead of U.S. data expected to show a fall in gasoline stocks but the market also watched for signs from China of further economic strengthening.
Dell is set to release a mobile phone on the Chinese market soon in cooperation with China Mobile, China Mobile released in its developers community website.
Typhoon Morakot has toppled at least six buildings in the southeast coast of China after lashing Taiwan, state media reported on Tuesday.
China Unicom and China Telecom users will be eligible to apply for accounts with China Mobile's Fetion mobile instant messaging service beginning in November, CCTime said on Monday citing an inside source from China Mobile.
Facebook Inc. said it has acquired FriendFeed, a start-up that allow users to share links and status updates online, folding in a potential rival that struggled to take off.
Typhoon Morakot which slammed into China's east coast had affected over 8.836 million residents, with 1.429 million evacuated, six killed and three missing, by 19:00pm of Monday, Ministry of Civil Affairs said.
More than 300 Chinese children have been diagnosed with lead poisoning after a metal smelting factory was opened near their village, the Telegraph reported on Monday.
China planned an e-platform for police in Hong Kong, mainland and Macau to join hands to crack on cross-boundary crime.
Chinese citizens are allowed to tour another nine nations, including the United Arab Emirates (UAE) in the Middle East, from September 15, according to the National Tourism Administration.
Dell will launch a mobile phone in China in the next day or two, according to TechCrunch, which cites “a source with knowledge of the situation.â€
McDonald's Corp said sales at restaurants open at least 13 months rose a better-than-expected 4.3 percent in July, helped by gains in Britain, France and the United States.