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081406

BREAKING NEWS

NYSE Looks to Asia

The New York Stock Exchange (NYSE) is looking to tie up with an Asian exchange once its merger with Euronext is finalized, says John Thain, CEO of NYSE Group. "In the next three to five years, we want market," according to Thain, who spoke at a press conference in Paris last week. Thain says that the Tokyo Stock Exchange (TSE) would be the most logical choice for a merger, but the NYSE CEO does not rule out deals with exchanges in India or China. Taizo Nishimuro, the TSE's

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