Asian Stocks Rise in U.S. Trading; PetroChina, BHP Shares Climb on Oil

(Bloomberg) -- Asian stocks trading in the U.S. gained
for the first day this week as rising oil prices lifted energy
shares including PetroChina Co. and the Australian reported BHP
Billiton isn't interested in buying Alcoa Inc.

The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, added 1 percent to 172.55,
snapping a three-day, 2.1 percent gain.


Read more at Bloomberg Stocks News

Asian Stocks Climb in U.S. Trading; Shares of PetroChina and Posco Advance

(Bloomberg) -- Asian stocks rose in U.S. trading as
energy shares including PetroChina Co. gained along with oil
prices. Posco jumped following the Indian government's plan to
ease delays in mining permits.

The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, added 0.4 percent to
171.65. For the week, it gained 2.5 percent, the biggest weekly
increase since June 1.


Read more at Bloomberg Stocks News

UPDATE 2-PetroChina plans $5.7 bln Shanghai share sale

(Reuters) - By Judy Hua and Lu Jianxin




HONG KONG/SHANGHAI, June 20 - PetroChina Co. Ltd.
plans to tap a red-hot market to raise up to
US$5.7 billion in a Shanghai listing, sending its Hong Kong
shares up 8 percent to a record and valuing it higher than
Royal Dutch/Shell .


Read more at Reuters.com Mergers News