South Korea's Finance Minister warns of gov't action against market volatility, extends fuel tax cut.

South Korea's Finance Minister, Choi Sang-mok, has warned that the government is prepared to act to counter any market volatility, particularly in the currency markets where the won has hit its lowest against the dollar in a year and a half. The finance minister also announced that the government will extend a tax cut on fuel consumption until the end of June to help control inflation amid escalating global geopolitical risks.