South Korea's financial authorities, led by the Financial Services Commission (FSC) and its head Kim, are urging officials to enhance market monitoring amidst ongoing market volatility. The Vice Chairman of the Financial Stability Committee emphasized that South Korea is closely monitoring market fluctuations and will take timely and necessary measures if instability arises. South Korea's benchmark index is dropping. Choi, a key official, announced plans to stabilize foreign exchange and financial markets if necessary. The Finance Minister reiterated that the government will actively take market-stabilizing measures in a timely manner if volatility heightens excessively.