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South Korea dismisses concerns over financial crisis.
Text of report in English by South Korean news agency Yonhap
[Yonhap headline: "S. Korea Dismisses Concerns Over Financial Crisis"]
Seoul, Sept. 2 (Yonhap) - South Korea downplayed Tuesday growing concern that its economy might face a "crisis" due to a massive exodus of foreign capital from the local bond markets this month.
In a hastily-arranged press meeting, Shin Je-yoon, deputy finance minister for international affairs, also told reporters that the state has enough funds to pay back maturing debts and has sufficient foreign reserves to cope with any financial contingencies.
The remarks come after British weekly magazine The Times …
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