BHP retains confidence in China
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BHP Billiton played down jitters in commodity markets over the Chinese economy on Friday, by predicting demand would &quot;be sustainable over the long term&quot;.
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Rising oil prices are slowing growth across the world but key emerging economies such as China and India will continue to support the near-term outlook for commodities, the world's largest mining company said Friday.
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THE share market finished sharply higher today, as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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Mining giant BHP Billiton has completed a bigger-than-expected A$2.27 billion (950 million pound) share buyback, driving up its stock price as investors reinvest profits from the tax-efficient deal.
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BHP Billiton lifted its bid for mining giant Rio Tinto Wednesday, valuing its target at 147.4 billion dollars as it seeks a mega-merger to exploit the China-driven resources boom.
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China's main share index clawed back some of Wednesday's losses despite a weak opening.
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Anglo-American mining giant BHP Billiton says Chinese demand has pushed annual production to record levels.
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MELBOURNE (Dow Jones)--BHP Billiton Ltd. (BHP) remains in the hunt for WMC Resources Ltd. (WMC) with an internal team assessing its options for making a counter offer to Xstrata PLC&#39;s (XTA.
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BHP Billiton on Wednesday reported its highest profit ever as it beefed up production to meet rising demand from China that bolstered prices for its copper, zinc, silver and lead.
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THE stock market continued on its bullish performance by noon today, extending recent record highs with BHP Billiton in the vanguard.
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Rio Tinto Ltd/Plc  on Thursday hit back at rival BHP Billiton's hostile approach, playing up its independent growth prospects amid renewed speculation of a Chinese-backed counter bid.
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Shares in BHP Billiton Ltd.   , the world's top miner, opened 5.3 percent higher on  Wednesday after it surprised the market with an additional  US$10 billion share buyback.
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Aluminum Corp of China (Chinalco) sought to douse speculation on Monday that it was preparing to mount a counter bid to BHP Billiton  for Rio Tinto , saying it was happy to stick with the $14 billion stake it bought last week.
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London equities made steady progress on Friday after miners benefited from fresh bid speculation, but further turbulence in the financial sector cast a shadow over sentiment.
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BHP Billiton, the world&#39;s biggest miner, approved a total of $1.5 billion to expand its copper and iron ore output amid increasing global metals demand led by China.
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Chinaâs fixed-asset investment in October was up 26.4 percent from a year earlier, down from the previous month but at a level analysts said was still high enough for Beijing to keep a tight grip on credit.
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The company's latest earnings met analysts' estimates but uncertainty still lingers.