The two Koreas’ doomsday debt dodges are powder kegs

The latest nuclear scare on the Korean Peninsula, despite vows of “watertight risk management” by South Korean Finance Minister Kim Dong-yeon against currency and securities shocks, underscored recent economic signals that the 25% post-presidential-election stock-market rally through July may be exhausted. The escalation also cast light on exotic debt instruments for both North and South, […]