S. Korea Finance Chief Pledges Action to Steady FX, Bond Market

South Korea’s finance minister said the government is ready to act if needed to stabilize the won and bond markets, and the expected capital inflows tied to the nation’s inclusion...

By Heesu Lee · Bloomberg Markets

South Korea’s finance minister said the government is ready to act if needed to stabilize the won and bond markets, and the expected capital inflows tied to the nation’s inclusion in a major global index next year will further support markets.