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South Korea to guarantee domestic banks' foreign currency debt

SOUTH Korea announced measures today to shore up its banks by guaranteeing their external debt and pumping more money into the banking sector amid the global financial crisis. The government said it will provide...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200810/20081019/article_377426.htm"> South Korea to guarantee domestic banks' foreign currency debt </a> by -- SOUTH Korea announced measures today to shore up its banks by guaranteeing their external debt and pumping more money into the banking sector amid the global financial crisis. The government said it will provide... </p>