Australia's Suncorp launches 5.8 billion dollar takeover of Promina AFP via Yahoo! News
Australian banking and insurance company Suncorp-Metway Ltd has made a 7.87 billion dollar (5.8 billion US) takeover bid for general insurer Promina Group Ltd.
Currencies: Dollar gains as minutes show prices take priority International Herald Tribune
The dollar rose against the euro Wednesday after minutes from their last policy meeting showed that Federal Reserve officials saw substantial risk that inflation may not recede.
Dollar Edges Lower Against Yen in Asia AP via Yahoo! Finance
The dollar slipped against the yen in Asian trading Thursday as some players took profits after the recent surge in the U.S. currency.
Dollar gains slightly after Fed minutes AFP via Yahoo! News
The dollar notched up slim gains against the other major currencies following the release of the minutes of last month's Federal Reserve rate-setting meeting.
Dollar Drops on Concern It Needs to Weaken to Address Trade Gap Bloomberg.com
Oct. 12 (Bloomberg) -- The dollar snapped a four-day rally against the yen and ended a seven-day winning streak versus the euro on speculation the currency needs to weaken to reduce the U.S. trade deficit, which likely held near a record in August.
Dollar lower against major currencies AP via Yahoo! News
The dollar rose against the euro Wednesday after the Federal Reserve released minutes from its last meeting, then retraced some of the gains when a plane crashed in New York sparked terrorism fears.
Dollar Edges Lower Against Yen in Asia KiplingerForecasts.com
The dollar slipped against the yen in Asian trading Thursday as some players took profits after the recent surge in the U.S. currency. The dollar was trading at 119.56 yen by mid-afternoon in Tokyo, down from 119.69 yen from late Wednesday in New York. The euro rose to $1.2532, from $1.2521.
Australian Dollar Strengthens on Faster-Than-Expected Jobs Gain Bloomberg.com
Oct. 12 (Bloomberg) -- The Australian dollar rose and bonds fell after a government report showed employers hired six times as many workers as economists forecast last month, increasing speculation the central bank will raise interest rates.
Dollar May Advance Before U.S. Retail Sales, Confidence Reports Bloomberg.com
Oct. 12 (Bloomberg) -- The dollar may gain on speculation U.S. reports tomorrow will show retail sales rose in September and consumer confidence increased this month, diminishing expectations of an interest-rate cut.
Dollar Drops on Concern It Needs to Weaken to Address Trade Gap Bloomberg.com
Oct. 12 (Bloomberg) -- The dollar fell on speculation the currency needs to weaken to reduce the U.S. trade deficit, which likely held near a record in August.



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