China data lifts futures, fiscal cliff concern lingers

Stock futures edged higher on Monday on upbeat factory data from China, but concerns over budget dealings in Washington are expected to keep traders cautious.

* Singapore Airlines said it was in talks with interested parties to sell its 49 percent stake in British carrier Virgin Atlantic, with sources revealing that Delta Air Lines was among the potential suitors.

(Reporting by Rodrigo Campos; Editing by Chizu Nomiyama)