S Korea preparing to re-activate stock market stabilisation fund

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

SEOUL : South Korea's top financial regulatory agency told officials on Wednesday to prepare to re-activate a stock market stabilisation fund as global markets tumble on fears that rising interest rates will trigger a recession.The Financial Services Commission (FSC) said Vice Chairman Kim So-young told o

SEOUL : South Korea's top financial regulatory agency told officials on Wednesday to prepare to re-activate a stock market stabilisation fund as global markets tumble on fears that rising interest rates will trigger a recession.

Officials from the finance ministry and the central bank also attended the meeting, the commission said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines