Australia's Budget Surplus Underpins Aaa Rating, Moody's Says
Bloomberg - May 25 (Bloomberg) -- Australia's shrinking government debt and ``healthy'' budget bolster the nation's Aaa credit rating ... The deficit represents money Australia has to borrow overseas to pay for the goods and services it imports and to finance ... Read more...
South Korea's Won Rises as Benchmark Stock Index Pares Losses
Bloomberg - ... at the 3 p.m. close of onshore trading, taking the weekly increase to 0.6 percent, according to Seoul Money Brokerage Services ... bonds posted a third weekly decline as the week's advance in equities deterred investors from buying government debt. The ... Read more...
Tribune Media Services columnist
Greenwich Time - Under pressure to improve its efficiency, Alcoa announced last fall it would reduce ... Financial services represent about one-fourth of the Marsico Focus Fund's assets ... buy conservative short-term instruments such as government and corporate debt, so ... Read more...
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