Financial Times
Malaysia key in CME’s bid to tap into Asia, Nasdaq s...
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FT Trading Room
Monday April 22 2013
Financial Times - FT Trading Room
Malaysia key in CME's bid to tap into Asia
Chicago-based futures exchange's alliance with Bursa Malaysia is one of a series in its hunt for new business while also keeping a close eye on China's potential
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/Q3781M/VU/h?a1=2013&a2=4&a3=22
Nasdaq set for Europe energy trades push
Exchange operator's expansion is part of a plan to break out of trading equities in the US and Nordic region, where profits have shrunk dramatically
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/WHK28I/VU/h?a1=2013&a2=4&a3=22
Markets
Stocks rally as yen resumes decline
The Nikkei index surges, benefiting from yen at four-year lows after Japan's ultra-easing monetary policy draws no G20 disapproval
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/GYGNQ0/VU/h?a1=2013&a2=4&a3=22
Gross attacks UK and eurozone austerity
Pimco chief warns that expansionary monetary policies are failing to spur higher economic growth and instead favours encouraging investment
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/52RK7U/VU/h?a1=2013&a2=4&a3=22
Pimco's Gross seeks safety in Treasuries
While critics of low interest rates warn that higher inflation could result, threatening bond investors, Bill Gross tacks in the opposite direction
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/RPM6L4/VU/h?a1=2013&a2=4&a3=22
London stocks defy UK downgrade
Shares in London climb in spite of a cautious open following the downgrade of the UK's credit rating by Fitch after the market close on Friday
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/FDBFEV/VU/h?a1=2013&a2=4&a3=22
Louis-Dreyfus raises stake in trader
Family trust Akira, the leading shareholder, boosts its control over trading house's holding company to 65% after buying shares from family members
http://link.ft.com/r/UXDMSS/6AIDZB/PR2T3G/JEW7RN/NR2H34/VU/h?a1=2013&a2=4&a3=22
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