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Welcome to the decade of budget deficits

Data from the Australian Office of Financial Management (AOFM) shows that the nation’s total debt totalled $983.7 billion as of last Friday. This was set to rise above $1 trillion for the first time on Thursday due to two new debt issuances worth $13 billion and $4 billion, respectively. However, total debt will fall below The post Welcome to the decade of budget deficits appeared first on…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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[Opening Market] KOSPI Fluctuates Around 6,900 Early in The Session

On the morning of Aug. 21, the domestic stock market is showing expanded volatility in early trading as simultaneous selling by foreigners and institutions tightly pushes against buying by…

  • KOSPI fluctuates around 6,900 points early in trading session
  • Foreign investors show net selling dominance of over 1.7 trillion won
  • Individual investors record net buying trend exceeding 2.2 trillion won

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