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Choppy Shanghai Comp tick up; rest of Asia mixed

Asian stocks traded mixed on Friday, with Shanghai's stock market recovering from a sharp selloff in the previous session.
Source: CNBC.com | By: See Kit Tang
China stocks plunge 6.5%, worst selloff in 4 months

Mainland markets were the biggest losers in the region on Thursday, as fears over tighter requirements on margin financing ignited risk-off sentiment.
Source: CNBC.com | By: See Kit Tang
Norway's $900B sovereign fund told to reduce coal assets

Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday.
Source: Reuters
UPDATE 1-Norway's $900 bln sovereign fund told to reduce coal assets

OSLO, May 27- Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. Already under pressure from Norway's political establishment, the fund has been selling down its coal portfolio and said its...
Source: Reuters | By: Stine Jacobsen
Norway's $900 bln sovereign fund told to reduce coal assets

OSLO, May 27- Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. Already under pressure from Norway's political establishment, the fund has been selling down its coal portfolio in recent quarters...
Source: Reuters | By: Stine Jacobsen
Shanghai Comp, Nikkei outperform lackluster Asia

Shanghai and Japan markets eked out marginal gains to touch fresh multi-year highs on Wednesday, while other bourses in the region stumbled following an unimpressive lead from Wall Street.
Source: CNBC.com | By: See Kit Tang
China's bid to lock in cheap iron ore

With iron ore prices still at multi-year lows, a reported interest by China's biggest steelmaker for indebted Australian iron ore miner Fortescue Metals makes business sense for both parties, depending on how much the deal is worth, analysts say.
Source: CNBC.com | By: Mia Tahara-Stubbs
UPDATE 1-Fortescue says unaware of any approach to Australian regulators

MELBOURNE, May 26- Fortescue Metals Group said on Tuesday it was not aware of any parties seeking permission from Australia's regulators to take a stake in the company, after its shares jumped 15 percent on a media report that Chinese firms had applied to buy a stake. The Australian Financial Review reported that Chinese-linked companies had sought permission...
Source: Reuters | By: Sonali Paul
Nikkei, Shanghai Comp clinch fresh multi-year highs

Stock markets in Asia mostly rise on Monday, with Tokyo and Shanghai scoring fresh multi-year highs.
Source: CNBC.com | By: See Kit Tang
Does Hewlett-Packard split make sense?  

Shares of Hewlett-Packard topped analyst estimates, saying it expects lower expenses after the split. Roger Lee, Battery Ventures partner, thinks a split makes sense for the company's operations.
Source: CNBC.com