BHP Billiton confident in US, China

Nov 21, 2013 | 11:10 AM | Janie Davies

Tags  BHP Billiton, outlook, Jac Nasser, Janie Davies

LONDON — BHP Billiton Ltd. expects continued economic recovery in the United States and growth in Asia, while the European outlook remains challenging and uncertain, chairman Jac Nasser said at the miner’s annual general meeting Nov. 21.

"Over the last year, the U.S. experienced moderate growth rates, with the U.S. housing sector and the stock market strengthening household balance sheets. We are confident of the continued recovery in the U.S. despite some risk from the unwinding of monetary stimulus," he said. "On the other hand, conditions in Europe remain....

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