s korea\s financial market faces potential risks
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

S Korea's financial market faces potential risks

Arab Today, arab today

Arab Today, arab today S Korea's financial market faces potential risks

Seoul - QNA

South Korea's financial market is still facing "potential" risks despite its recent stabilization as eurozone debt problems continue to weigh on the overall economic conditions, the top economic policymaker said Wednesday. "Thanks to growing expectations for policy responses by major countries (to eurozone problems), the local financial market is gaining some stability but there is still potential cause for anxiety," Finance Minister Bahk Jae-wan told a crisis management meeting. "Since the eurozone crisis erupted, (our) industrial output, exports, imports and other major economic indicators are showing signs of losing traction," he added. His remarks are in line with the government's latest assessment of the economic conditions at home and abroad. On Tuesday, the ministry said in a green book report that the economy is facing heightened uncertainty due to worries over eurozone debt problems and slowdowns in major countries, South Korea's (Yonhap) News Agency reported. South Korea's financial market remains relatively stable despite strong headwinds from outside but concerns are linger that the small but open market is highly susceptible to external shocks. The Korean economy is also under pressure from falling demand in the global market amid protracted eurozone debt problems and concern over slowing growth in the U.S. and China. During the meeting, Bahk called for more efforts to effectively cope with a possible crisis situation down the road, while urging other government ministries and agencies to secure sufficient "policy capacity" to that end.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

s korea\s financial market faces potential risks s korea\s financial market faces potential risks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

s korea\s financial market faces potential risks s korea\s financial market faces potential risks

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday