South Korea default risk recovers from nuclear scare

05/19/2013 | Yonhap News Agency (South Korea)

The dread generated by North Korea's nuclear threats has subsided, with South Korea's default risk returning to the level that preceded the recent crisis. South Korea's credit default swap premium rose as much as 22 basis points after the North declared wartime status.

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Yonhap News Agency (South Korea)

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