Australian Shares Climb to Record, Led by BHP Billiton on Higher Oil Price

(Bloomberg) -- Australian stocks rose, pushing the
S&P/ASX 200 Index to a record high. BHP Billiton Ltd. and Santos
Ltd. gained as oil prices traded near a 10-month high.

Rio Tinto Group advanced on a report it may bid for Alcan
Inc., while Zinifex Ltd. jumped on speculation of a combination
with Oxiana Ltd.


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