Tokyo Stock Exchange, operator of Japan's largest share-trading platform, will merge with the Osaka Securities Exchange, its domestic rival, creating Japan's largest exchange group and bolstering the TSE's position as the third largest in the world by market capitalisation of company listings.
Stocks in disaster-stricken Japan capped a turbulent week with solid gains Friday after finance ministers from the Group of Seven nations announced a coordinated intervention in the currency market to prevent the yen from rising further.
U.S. stocks were poised for a flat open Thursday, as investors digest a report on unemployment claims that showed a rosier picture than anticipated. Investors are still awaiting economic reports on manufacturing and the housing market.
U.S. stocks were set to open higher Monday as investors digest reports on income and spending and await the week's big events - the midterm election, the Federal Reserve meeting and the October jobs data.