Canberra blocks Australia-Singapore bourse merger (AFP) – 829th Edition

Australia's Treasurer Wayne Swan, pictured here in February, has officially blocked the proposed merger of the Australian and Singapore stock exchanges, branding it a takeover by the city-state that offered no benefits.(AFP/File/Lionel Bonaventure)AFP – Australian Treasurer Wayne Swan officially rejected a proposed merger of the Australian and Singapore stock exchanges Friday, branding it a takeover by the city-state that offered no benefits.

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