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'Flash crash' trader bail set at $7.5m

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The high-frequency futures trader who stands accused of contributing to the stock market "flash crash" in May 2010 told a London court Wednesday that he did not consent to extradition to the U.S.

Morgan Stanley to make it big down under

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Morgan Stanley's sale of its Australian real estate unit, Investa Property Group, is expected to fetch more than $2.3bn and has attracted more than 20 bids, a source with direct knowledge of the deal told Reuters.

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