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Asia: Saudi Arabia's Q3 petchem exports up 16% on year to 5.89 mil mt

Saudi Arabia's petrochemical exports climbed 16% year on year in the third quarter of 2010 to 5.89 million mt, attributed to strong demand from Asia and Europe, the Saudi Press Agency reported late Tuesday. Citing a report by the Department of Statistics and Information, Saudi ...

Web firms unite to take on scammers

Several Internet firms have joined forces to monitor deceptive practices in the online shopping sector, a move deemed necessary to protect consumers, industry watcher said Wednesday. Internet security company Kingsoft and Tencent, owner of China's most popular free instant ...

Middle East: Iran petchems output 2.2 bil liters gasoline, diesel post-Aug switch

Iran's petrochemical plants have produced around 2.2 billion liters of gasoline and diesel fuel since switching their production in mid-August, the semi-official Mehr news agency reported Wednesday. "After more than four months, production of gasoline in petrochemical plants has ...

Microsoft co-founder relaunches tech patent suit

Microsoft Corp co-founder Paul Allen relaunched a wide-ranging patent lawsuit against Apple Inc, Google Inc, Facebook and others with specific allegations that the companies are illegally using technology owned by his firm. Interval Licensing LLC, a small research company set up ...

Americas: US cumene prices extend gains on strong benzene, propylene values

Spot cumene prices continued to move higher as production costs were estimated as high as 465 cents/gal this week on the back of continued gains in propylene and benzene. Spot refinery grade propylene (RGP) traded for December this week at 67 cents/lb, and was up nearly 16 cents...

Microblogs' user base seen to rise

China has more than 125 million microblog users by the end of October and the new media platform has radically changed how people receive information and has also helped them comment on public affairs, an industry report showed. Users tend to voice their opinions widely on ...

Americas: Washington state joins appeal of coal export terminal permit

Concerned about the potential impact of greenhouse gas emissions arising from building a coal export terminal in the southwestern part of the state, the Washington Attorney General on Tuesday joined a coalition of environmental groups in appealing a shoreline development permit ...

UK gas storage facilities unable to re-stock over holiday period

UK gas storage facilities were unable to re-stock significant amounts of gas over the Christmas holiday period, according to data from system operator National Grid. The UK's main gas storage facility, Rough, continued to withdraw gas at close to maximum rates during the holidays...

Lies, con jobs affect China's e-commerce

More than half of Chinese netizens think online transactions are unsafe, which has had a huge negative impact on China's e-commerce development, according to industry experts. Mao Wei, chief scientist with China Internet Network Information Center (CNNIC), said in the latest ...

China needs 'more Internet security'

China should invest more in its own Internet security, lest it become a victim, or even scapegoat, for international hacking activities, an industry expert said on Tuesday. "Our current protection input is not enough, and the scale and size is far less intensive compared to that ...

Americas: Heads of House panels overseeing energy development on US lands named

US Representative Doc Hastings, the incoming chairman of the House of Representatives Natural Resources Committee, on Wednesday appointed the five Republicans who will help oversee energy development on federal lands. Hastings' picks to lead the subcommittees of the House Natural ...

UK braces for 'winter of discontent' as road fuels await duty hike

Motoring organizations are warning that the UK is poised for a "winter of discontent," as road fuels hold at record high levels ahead of an increase in tax and duty at the beginning of 2011, sources said Wednesday. VAT across the country is due to be raised from the current 17.5% ...

Middle East: Iran petchems output 2.2 bil liters gasoline, diesel post-Aug switch

Iran's petrochemical plants have produced around 2.2 billion liters of gasoline and diesel fuel since switching their production in mid-August, the semi-official Mehr news agency reported Wednesday. "After more than four months, production of gasoline in petrochemical plants has ...

Americas: Heads of House panels overseeing energy development on US lands named

US Representative Doc Hastings, the incoming chairman of the House of Representatives Natural Resources Committee, on Wednesday appointed the five Republicans who will help oversee energy development on federal lands. Hastings' picks to lead the subcommittees of the House Natural ...

Americas: US to update rules for private wells in national parks

US federal regulators have begun a multi-year process to write new regulations governing the about 693 private oil and natural gas wells that now exist in 12 national parks. The National Park Service said Wednesday it is developing a Programmatic Environmental Impact Statement ...

China: Shenzhen Sino-Benny becomes largest LPG importer in China in 2010

p>Shenzhen Sino-Benny ranked as China's top LPG importer in 2010, importing nearly 510,000mt, C1's data showed. Stable demand from Shenzhen Gas Group and development of re-export business supported Shenzhen Sino-Benny's LPG imports. Zhuhai NewOcean fell to the second place with ...

Oil dips after 26-month high, China rates weigh

As a major blizzard in the U.S. Northeast further diminished already thin holiday trading volume and threatened to stoke oil demand for home heating, many traders expected the fourth-quarter rally to quickly resume toward $100 a barrel as key OPEC members showed no sign of moving ...

Asia:Japan oil imports hit 122.09 million barrels in Nov

One of the world's leading oil users, Japan's crude oil imports in November rose 10.8% from a year earlier to 122.09 million barrels, marking the first rise in two months. According to country's Natural Resources and Energy Agency, oil shipments from the Middle East accounted for ...

Baidu tries to cast off links to piracy

Baidu Inc, operator of the nation's most popular Internet search engine, has begun official cooperation with book publishers by charging for its e-book services, a first step in its fight against piracy, analysts said Monday. Readers will be able to purchase electronic books from ...

US ethylene jumps 13% after Nov-Dec double settlement

HOUSTON-US ethylene contracts settled on Wednesday after the market reached a two-month deal that put December at 48.50 cents/lb ($1,069/tonne, 802/tonne), up by just over 13% from October, market sources said. Ethylene for November settled at 50.75 cents/lb, up by 8.00 cents/lb ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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