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‘Initial Volatility’ Has Governments Nervous In Asia

‘Initial Volatility’ Has Governments Nervous In Asia

1 min read
A few key Asian markets managed to rebound on Friday after falling into corrections and bear markets this week, but the sense of angst remained palpable. South Korean officials felt compelled to publicly describe recent declines in local equities as "excessive." Financial Services Commission Chairman Koh Seungbeom characterized anxiety among investors as "unfavorable" considering the economy's robust fundamentals. The FSC held a meeting on Thursday "to review financial market risks." "Even tho
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