Since the North’s claim that it successfully detonated a hydrogen bomb,… officials in Seoul have been h…

Since the North’s claim that it successfully detonated a hydrogen bomb,… officials inSeoul have been holding a series of emergency meetings to assess the impact on the financialmarket. South Korea’s financial regulator says theimpact will be limited,… but risk management will be crucial this year. Kim Min-ji reports.
Risk management should be of the utmost importancethis year for financial stability in the face of the lingering economic uncertainties at A $45,000 flat pack tiny home that can be dropped anywhere & assembled like ikea furniture (pictures)… home and abroad. That’s according to Lim Jong-yong,… thechairman of South Korea’s Financial Services Commission,… who was speaking during a meeting with experts and officials from related government agencies. The top financial regulator noted that while the current North Korea issue will have a”temporary and limited impact” on the local financial market,… , he stressed that it’simportant to be proactive in dealing with what is a fluid situation. Yim added that geopolitical risks in the Middle East,…
as well as the growth slowdown inChina,… are some of the global uncertainties that require constant monitoring.”The uncertainties at home and abroad are high,… so there is a need for flexible and 14 Brilliant DIY Organization Hacks – Home Decor Ideas rapid responses. We will push for structural reforms to lift Korea’s potential growth rateas well as strengthen the country’s economic fundamentals.” As for local risks, Yim said households and companies need to better manage their debt,…adding that the government will speed up the restructuring of companies that are insolvent,…while conducting regular inspections on their progress. The regulator also said that the commission will double check its contingency plans toguard against any fallout from the developing situations, so it can be fully alert to respondto any repercussions in the financial market. Kim Min-ji, Arirang News.