(Bloomberg) -- Asian stocks rose for a second week,
driving a regional benchmark to a record. BHP Billiton Ltd.
paced gains as Rio Tinto Group's $38 billion bid for Alcan Inc.
sparked speculation of more takeovers.
BHP, the world's biggest mining company, climbed yesterday
and Posco, the fourth-largest steelmaker, surged the most in
four years after Rio's offer, which came after Chaparral Steel
Co. agreed to be bought for $4.22 billion.
Read more at Bloomberg Stocks News
driving a regional benchmark to a record. BHP Billiton Ltd.
paced gains as Rio Tinto Group's $38 billion bid for Alcan Inc.
sparked speculation of more takeovers.
BHP, the world's biggest mining company, climbed yesterday
and Posco, the fourth-largest steelmaker, surged the most in
four years after Rio's offer, which came after Chaparral Steel
Co. agreed to be bought for $4.22 billion.
Read more at Bloomberg Stocks News
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