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BHP shares fall 4% after making $39 billion bid for rival Anglo American

(Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. The company's Australian stock did not trade on Thursday as the Australian share market was closed for a holiday. Questions about jurisdictional risks in South Africa and other regions, and concerns that Anglo American's businesses are lower margin than BHP's led to a ...
City Of United Kingdom United States New South Wales South Africa Sonali Paul
Source: yahoo.com

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Asia stocks fall as global growth concerns mount

Asia stocks fell on Wednesday after weak economic data in China and Europe heightened concerns over global growth, while the dollar firmed as investors weighed the outlook for U.S. interest rates. MSCI's gauge of Asia Pacific stocks outside Japan was down 0.5% at 0143GMT. The Hang Seng Index and China's benchmark CSI300 Index both opened down about 0.3%.
United Kingdom Christopher Waller Edmund Klamann Redmond Wong John Milroy Asia Pacific
Source: yahoo.com

Asia stocks fall as weak China data weigh

Asia stocks hit a 11-week low on Wednesday as renewed concerns about U.S. interest rates slugged Wall Street, while investors still smarted from dismal Chinese economic data and the absence of meaningful stimulus. MSCI's gauge of Asia Pacific stocks outside Japan was down 1.1% at 0138GMT, touching its lowest point since June 1. Japan's Nikkei 225 index slipped 1.3% to its lowest since July 12.
New Zealand Tina Teng Redmond Wong Kane Wu Minnett Milroy Asia Pacific
Source: yahoo.com

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