June 1, 2020 / 11:32 PM / 2 months ago

South Korea to stabilise financial markets if U.S.-China tension spurs volatility

SEOUL (Reuters) - South Korea will take action to stabilise financial markets if U.S.-China tensions over Hong Kong spark more volatility, the vice finance minister said on Tuesday.

“Since the volatility in financial markets in and outside the country could reignite depending on the U.S.-China tensions, the government will closely monitor future development and act for market stability,” Kim Yong-beom said.

Reporting by Joori Roh; Editing by Kim Coghill

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