Posted inBeijing, China, Iran, Middle East, North Korea, Northeast Asia, South Korea, World

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, […]