South Korea's fin min nominee says economy below potential growth level

SEOUL (Reuters) - South Korea's finance minister nominee said the country's months-long property boom is cooling down and economy is below its full potential, signalling to markets that monetary tightening is not urgent for now."(The economy) is below full its potential growth rate but it's premature to say it's in crisis or recession," Hong Nam-ki said in remarks to reporters on Friday that were emabargoed until Sunday. Hong, who was appointed by the presidential office earlier on Friday,..