German bail-out approved, South Korea 'at risk'

As Germany’s parliament approved a €500bn rescue package for the country’s financial markets and financial turmoil spreads around the world, South Korea may prove to be one of the most vulnerable countries in Asia.

With its banks facing potential trouble, its currency and stocks reeling and consumer debt on the rise, South Korea’s woes have stirred memories of the regional economic crisis that struck it more than a decade ago.