President Lee Jae-myung holds capital market meeting following Middle East-driven volatility

President Lee Jae-myung presided over a meeting on March 18 with financial authorities and investors to address capital market volatility from ongoing Middle East tensions—building on last week's emergency economic review—and discuss structural reforms. Attendees included Financial Services Commission Chairman Lee Eog-won and Financial Supervisory Service Governor Lee Chan-jin.

Following last week's emergency economic meeting on Middle East tensions, President Lee Jae-myung convened a gathering on March 18 with key financial authorities and investors to review capital market reforms and stabilization measures, according to officials and reports from The Korea Times and Yonhap News Agency.

Participants included Financial Services Commission Chairman Lee Eog-won, Financial Supervisory Service Governor Lee Chan-jin, as well as investors and representatives from KOSDAQ and KONEX-listed companies. Discussions focused on countermeasures to market volatility triggered by recent Middle East developments, alongside reforms to enhance market structure: expanding shareholders' rights, fostering innovation, and improving public access.

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President Lee Jae Myung hosts bipartisan luncheon with Democratic Party and People Power Party leaders at Cheong Wa Dae to discuss economy and governance.
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President Lee to host luncheon with ruling, opposition leaders Thursday

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President Lee Jae Myung will host a luncheon on Thursday with leaders of the ruling Democratic Party and main opposition People Power Party at Cheong Wa Dae to discuss bipartisan cooperation on the economy and other pending issues. Presidential chief of staff Kang Hoon-sik said the meeting aims to improve people's livelihoods and ensure stable governance. Possible topics include ongoing trade negotiations with the United States and a special investment bill.

President Lee Jae Myung will preside over an emergency meeting with related ministries on Monday to review the economic impact from heightened tensions in the Middle East and discuss response measures, Cheong Wa Dae said Sunday. The meeting will focus on global financial markets and oil prices. South Korea, heavily reliant on energy imports, is particularly vulnerable to external price shocks.

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President Lee Jae Myung is set to meet leaders of the ruling and main opposition parties on Tuesday to discuss measures to mitigate economic fallout from the Middle East war. The gathering at Cheong Wa Dae includes key figures from the Democratic Party of Korea and People Power Party, marking the first such meeting since September last year.

President Lee Jae Myung reaffirmed his commitment to reining in South Korea's overheating housing market on May 6, 2026. He called real estate market normalization an inevitable trend and a key national policy task. Lee shared the remarks on his X account alongside an article forecasting a downward trend in house prices.

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President Lee Jae-myung called for tougher penalties against price collusion in commodities such as sugar, flour, school uniforms, and homes during a meeting with senior aides on Thursday. He criticized these practices for undermining market trust and suggested considering permanent expulsion from the market for repeat offenders. The government has been stepping up measures to curb housing prices.

President Lee Jae Myung departed from Seoul on Sunday, March 1, for a two-nation swing to Singapore and the Philippines to expand cooperation with the Southeast Asian nations. The visit focuses on boosting trade, investment, infrastructure, and collaboration in sectors like artificial intelligence and nuclear energy. Cheong Wa Dae hopes the trip will enhance coordination with key Association of Southeast Asian Nations members and foster deeper ties with the regional bloc.

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President Lee Jae-myung stated on February 14 in a post on social media platform X that his administration's real estate policies aim to reclaim unfair privileges from speculation and investment. He emphasized protecting homeowners using properties for living while highlighting harm caused by multiple homeowners' speculative practices. The main opposition party criticized the remarks as intimidating the real estate market.

 

 

 

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