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Struggling Korean builders face high funding costs

Weaker firms locked out of domestic bond markets as investors stay away
Tuesday, February 18, 2014 - 06:00

[HONG KONG] South Korea's troubled construction sector is under pressure to find alternative sources of funding after a flight to safety in the country's domestic debt market. Its builders have had to deal with lower real estate prices, a weak economy and slow momentum on overseas projects, and

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