Tokyo bourse to merge with rival Osaka

Adrian Holliday
TSE bourse
TSE bourse

The third largest stock market bourse is born. The Tokyo Stock Exchange (TSE) and the Osaka Stock Exchange (OSE) have put aside their differences to merge. The merger should help bolster Japan's trading position - the Nikkei 225 has been bleeding listings for several years - as Chinese valuations increasingly becomes more powerful.

Is this therefore a healthy move for the Japanese?