Low yen ‘to draw more capital into Asia’
Yen carry trade will return to again play a large role in driving capital inflow to Asian stock markets - .
October 14, 2007
Boston exchange to launch e-platform
The Boston Stock Exchange will launch an electronic exchange next year in partnership with four major financial institutions, in a deal worth about $55 million, according to a source familiar with the situation.
Nasdaq makes hostile bid for the LSE
The battle for control of global stock trading heated up yesterday, as London Stock Exchange PLC turned down a hostile $4.1-billion (U.S.) takeover bid from Nasdaq Stock Market Inc.
JP Morgan Cuts BG To Neutral On Valuation
1348 GMT [Dow Jones] JP Morgan downgrades BG (BG.LN) to neutral from overweight on downside risks to its long-term UK gas price and "overstretched" valuation. Says stock trading on a premium to BP on '08 EV/DACF multiples.
