U.S. sets preliminary penalties on China´s oil pipes in record case

The U.S. Commerce Department on Thursday set preliminary anti-dumping duties on imports of Chinese-made oil pipes, the biggest U.S. trade action against China.

US sets more duties on China pipe

Headlines

Gold gains slightly, consolidating around record high

Gold futures on the COMEX Division of the New York Mercantile Exchange ended a little higher on Thursday, fluctuating near the all-time high. Silver inched up, but platinum fell.

China´s oil prices set to rise again

Market insiders are expecting another oil price adjustment on Friday morning. This is because the international price has continued to rise over the last month.

Sybase set to ride mainland 3G wave

Mobile phone software maker Sybase Inc is stepping up the pace of its mobile computing business in China as the country´s 3G industry has started to blossom, a senior company executive said.

WB gives suggestions to China´s economic recovery

The World Bank update concludes that in the medium term, China´s recovery can only be sustained by successfully re-balancing the economy. It should work to get more out of the domestic economy by putting more emphasis on consumption and services and less on investment and industry.

Star shareholders push Zhejiang Orient´s stock surging

Zhejiang Orient Holdings is an ordinary company listed on the A-share market. But its stocks have recently surged for three consecutive days, thanks to a pair of celebrity names on the company´s share holding list.