(Reuters) - In takeover news, Rupert Murdoch told Reuters on Wednesday
he had no plan to raise his News Corp.'s bid for Dow
Jones & Co. Inc. and said he is waiting for final
approval of the proposed acquisition from the Bancroft family,
which controls the publisher of the Wall Street Journal. For
details, see [ID:nL27771376].
A weak Japanese currency has allowed investors to borrow
cheaply in yen to buy higher-yielding assets elsewhere, a
practice known as carry trade. The yen rose on Wednesday
against the dollar and euro.
Read more at Reuters.com Bonds News
he had no plan to raise his News Corp.'s bid for Dow
Jones & Co. Inc. and said he is waiting for final
approval of the proposed acquisition from the Bancroft family,
which controls the publisher of the Wall Street Journal. For
details, see [ID:nL27771376].
A weak Japanese currency has allowed investors to borrow
cheaply in yen to buy higher-yielding assets elsewhere, a
practice known as carry trade. The yen rose on Wednesday
against the dollar and euro.
Read more at Reuters.com Bonds News
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