METALS-Shanghai nickel rises sharply after LME inventory dip

Nickel led a rise in Shanghai base metals prices on Monday following a drop in London Metal Exchange (LME) nickel stocks on Friday, while a rally in Asian equities helped take the rest of the complex higher, with the exception of aluminium. * SHFE NICKEL ... ( read original story ...)

Alibaba-led group plans buyout of iKang Healthcare

It would be rational to accept the offer and get delisted now, said He Xiaopeng, research director at Morning Whistle Group, a Shanghai-based research firm on cross-border acquisitions. "iKang's market cap was roughly $1.29 billion (8.17 billion yuan), a ... ( read original story ...)

Asian stocks pull back, led by banking and tech shares

“That would have a slight dampening effect on the economy overall,” she said. The Shanghai Composite SHCOMP, -0.57% fell 0.6% and Hong Kong’s Hang Seng Index HSI, -0.53% ended 0.5% lower. Financial and tech stocks, key soft points for the U.S ... ( read original story ...)