Shanghai-based Xinhua sold its news bureaus in Tokyo, Manila, Jakarta, Kuala Lumpur, Singapore, Sydney and Seoul, along with 21 journalists spread between the seven locations, to Thomson Financial for an undisclosed sum. The deal was effective Friday, June 1.
Reuters, which is merging with Thomson Corp., already has bureaus in all seven cities.
Xinhua retains more than 80 journalists across bureaus in Beijing, Shanghai, Hong Kong and Taipei, and will use them to focus on China, where the vendo
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails