ASEAN Plus Three Vow Action Against Market Volatility

Finance leaders from China, Japan, South Korea, and ASEAN nations pledged to address market volatility. They reaffirmed support for open trade and stability.

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Finance ministers from China, Japan, South Korea, and the 10-member ASEAN bloc pledged on Sunday afternoon to intervene against excessive market volatility. The group, known as ASEAN+3, met in Uzbekistan to coordinate responses to shifting global liquidity conditions. Investors face potential policy intervention if disorderly currency or capital movements threaten the region's macroeconomic stability.

Safeguarding Stability Against Liquidity Shifts

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