Friday, May 22, 2009

Money prowling and circling: Anyone notice that USD is .94+ to the yen?

A good time for yens to buy stuff in the States. I haven't been following the value against Euros, but this came over the transom from Seeking Alpha.com, this morning.
Opel draws another vulture.
A Chinese automaker expressed interest in GM's (GM) Opel and Vauxhall operations in Europe, bringing potential bidders to four: unnamed Chinese firm, Fiat, Magna International (MGA) and RHJ International, a buyout firm with automotive assets.

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