S Korea preparing to re-activate stock market stabilisation fund

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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.

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