Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.Europe Politicsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
up@ (Repeats story from Wednesday with no changes to text)
* Throughput numbers boosted by independent refiners
* But crude production fell from March
* April gas output at lowest since October 2018
BEIJING, May 15 (Reuters) - China's crude oil throughput rose in April to match record daily levels, government data showed on Wednesday, buoyed by growing production at private refiners including a mammoth new facility in the country's northeast.
Refinery runs climbed 5% from the year before to 52.1 million tonnes, or 12.68 million barrels per day (bpd), matching record daily levels racked up earlier this year, data from the National Bureau of Statistics showed.
Privately owned Hengli Petrochemical Co Ltd started trial runs around five months ago at its 400,000 bpd plant in northeast China, with production expected to hit full capacity later this month.
"Throughput at Hengli and ... teapot refineries increased significantly," said Wang Zhao, head of crude oil research at Sublime Information Co. Independent refiners in China are often referred to as 'teapots'.
The return of refineries after maintenance contributed to the higher runs in April, Wang added.
The robust crude runs, which stood in contrast to slower-than-expected growth in China's industrial output last month, also come amid mounting efforts by state majors to export refined products to offset domestic gluts.
PetroChina shipped gasoline from domestic refiners to Nigeria for the first time in the first quarter.
For the first four months of 2019, crude runs were up 4.7% from a year earlier at 207.47 million tonnes, or 12.62 million bpd, the data showed.
Crude oil output stood at 15.71 million tonnes, or 3.82 million bpd, down from 3.89 million bpd in March.
Natural gas output came in at 14.1 billion cubic metres (bcm) in April, up 7.9% from the same month a year earlier, but the lowest level since October 2018 due to slower demand towards summer.
(Reporting by Meng Meng and Aizhu Chen; Editing by Joseph Radford)