Oct. 1 (Bloomberg) -- The Bombay Stock Exchange Ltd., Asia's oldest bourse, may cancel plans to develop a new trading platform with Nasdaq OMX Group Inc., hampering efforts to narrow the gap with larger rival National Stock Exchange Ltd.

Libor Surges to Nearly 7% But US Stock Futures Rise on Bailout Bill Revival Hopes Delicious Digg Facebook reddit Technorati Yves Smith | Sep 30, 2008 Markets continue to be roiled by the upset of the effort to pass the touted Paulson bailout bill. As of this writing, the FTSE and Dj Stoxx 50 are up slightly, but money markets took a beating, the reaction worsened by end-of-quarter factors. From Bloomberg: The cost of borrowing in dollars overnight surged the most on record after the U.