Article: Financial Times expands blog.

Byline: Matthew Flamm

Financial blog FT Alphaville is expanding its New York presence, the Financial Times announced Monday. The move is part of the London-based newspaper's plan to make the three-year-old site a global, 24-hour financial news service featuring live reports from London, New York and Tokyo.

"We're not there yet, but this is a big step in that direction," said Alphaville Editor Paul Murphy, who has relocated to New York from London.

Targeting a small but influential audience of market professionals, Alphaville has already established an international presence, with about 35% to 40% of visitors coming from the United States, Mr. ...

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