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Finance & Markets

Australia’s Household Spending Surges Past Estimates in July

Australia’s household spending rose more than anticipated in July, providing further evidence of solid demand in the economy even after three interest-rate rises earlier this year.

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

Read the original at bloomberg.com →

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[Opening Market] KOSPI Battles for 6,800 as Investors Split

On Aug. 27, the domestic stock market started in a mixed trend following the release of inflation data in the New York stock market, engaging in a fierce battle in early trading.

  • KOSPI rebounds to 6,800 points after inflation data release
  • Institutional buying drives market recovery, individual investors dominant
  • Won-dollar exchange rate fluctuates between 1,380 won range

More from Thursday 27 August →