You are here

Government stimulus spurring South Koreans into debt binge

Tuesday, October 28, 2014 - 05:50


SOUTH Korean households are piling on debt at the fastest rate in eight years thanks to big-bang stimulus launched by the new finance minister - but as global growth cools the government risks scoring an economic own goal and inflaming deflationary pressures.

That would be

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom