DPRK risk ‘biggest drag on Seoul’s credit rating’

According to the Choson Ilbo: Korean reunification risk is the biggest drag on South Korea’s sovereign rating, according to an expert at ratings agency Standard and Poor’s. David Beers of S&P on Monday said, “Korea unification, that’s going to be very economically and financially challenging for South Korea, because of the huge gap in income … Continue reading DPRK risk ‘biggest drag on Seoul’s credit rating’