
Taiwan's top financial regulator has stated that the country has contingency plans in place regardless of the outcome of the U.S. presidential election. The regulator emphasized that policy changes would be the primary factor impacting Taiwan's financial markets and addressed concerns about market trading being concentrated in certain sectors, such as chips. Additionally, South Korea's financial regulator has committed to managing household debt risks and ensuring market stability. The South Korean finance minister affirmed that financial markets remain stable and that the government will act swiftly to stabilize them if necessary. The minister also mentioned monitoring Middle East tensions and the U.S. election as part of their risk management strategy.
⚠️ SOUTH KOREA FIN MIN SAYS WILL SWIFTLY ACT ACCORDING TO CONTINGENCY PLANS TO STABILIZE FINANCIAL MARKETS IF NEEDED **SOUTH KOREA FIN MIN SAYS MONITORING MIDDLE EAST TENSIONS, U.S. ELECTION **SOUTH KOREA FIN MIN SAYS WILL FOCUS ON RISK MANAGEMENT RELATED TO HOUSEHOLD DEBT,…
South Korean finance minister says will swiftly act to stabilize financial markets if need https://t.co/eidiNOMus5
South Korean Finance Chief reports that financial markets remain stable amidst recent economic uncertainties. #SouthKorea #Finance #Markets