UPDATE 1-China set to raise fuel prices to highest ever-report

Newswire

* Beijing poised for 9-10 pct fuel price increase - reports * Gasoline, diesel would be highest ever after 3rd rise of 09 * Industry source, C1 site report rise, govt official denies (Adds background) By Eadie Chen and David Stanway BEIJING, June 29 (Reuters) - China will raise retail gasoline and diesel prices by almost 10 percent later on Monday, a source and a local website said, a surprise move that would increase rates for the third time this year to their highest level ever. ...

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