Topic: South Korea
South Korea's central bank head on Friday issued a fresh warning over the country's growing mountain of personal debt, a day after local banks suspended most loans to individuals."The volume of household debt is too large and it's right to move in ...
South Korea will continue to supply foreign currency liquidity to local banks and traders as the global credit crunch has yet to subside significantly, a senior government official said on Thursday. 'The government and the Bank of Korea will continue to supply ...
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