News South Korea Debt: Moody's keeps 'Aa2' rating on S. Korea with stable outlook
(ATTN: UPDATES with more details from para 4)By Kim Soo-yeon SEOUL, April 21 (Yonhap) -- Global credit appraiser Moody's Investors Service said Thursday it has affirmed its credit rating on South Korea "Aa2," with a stable outlook. Moody's has maintained South Korea's sovereign credit rating at "Aa2," the third-highest level on the company's table, since December 2015, when the agency upgraded it from "Aa3." "The rating is underpinned by a...
News South Korea Debt: Korea’s Wealth Creation: Seoul Tries To Balance Social Concerns With Economic Issues
South Korea posted GDP growth of 4%, its strongest performance in over a decade, thanks to a record surge in exports. That momentum, however, is expected to diminish in 2022 as global headwinds build.
News South Korea Debt: Bank of Korea Governor Rhee Warns of Debt and Demographic Risks
Bank of Korea Governor Rhee Chang-yong highlighted rapidly rising private and public debt and an aging population as threats to South Korea’s economic outlook in his inauguration speech.
News South Korea Debt: BoK warns of debt risks
SEOUL: Bank of Korea (BoK) governor Rhee Chang-yong has highlighted rapidly rising private and public debt and an ageing population as threats to South Korea’s economic outlook in his inauguration ...
News South Korea Debt: South Korea prioritises tackling inflation
SEOUL: South Korea’s economic policies should focus on stabilising consumer inflation and managing household debt as higher interest rates have made repayments more onerous, President Moon Jae-in says ...
News South Korea Debt: South Korean President Moon Jae-in prioritises tackling inflation, rising household debt
SEOUL (REUTERS) - South Korea's economic policies should focus on stabilising consumer inflation and managing household debt as higher interest rates have made repayments more onerous, President Moon ...
News South Korea Debt: South Korea's president prioritises tackling inflation, rising household debt
SEOUL: South Korea's economic policies should focus on stabilising consumer inflation and managing household debt as higher interest rates have made repayments more onerous, President Moon Jae-said on ...