S. Korea to Introduce Household Debt Warning System

SEOUL, Nov. 24 (Korea Bizwire) – South Korea said Thursday it will soon introduce a new early warning system for potential risks from the nation’s massive household debt, especially as interest rates here may soon start an upward trend.  Household debt totaled 1,295.8 trillion won (US$1.1 trillion) as of the end of September, up 3 [...]