PM vows no tolerance against unfair market practices | Yonhap News Agency
Summary
OK By Yi Wonju SEOUL, April 8 (Yonhap) -- Prime Minister Kim Min-seok on Wednesday issued a fresh warning against unfair market practices, saying that the government would apply a "zero-tolerance" principle to crack down on any potential disruptions in markets. Speaking at a meeting with relevant ministries, Kim called for the government to work to thoroughly prevent "actions that fuel anxiety through fake news or harm the interests of the public through hoarding." "The situation in the Middle East remains shrouded in uncertainty and concerns are growing over a protracted war," the prime minister said. "The government must prepare for all possible scenarios and actively explore every available measure." "Above all, we need a zero-tolerance approach against any act that disrupts market order," he added. Prime Minister Kim Min-seok speaks during an emergency economic headquarters meeting convened to discuss the government's response to the Middle East crisis at the government complex in Seoul on April 8, 2026. (Yonhap) julesyi@yna.co.kr (END) Keywords #PM #economy #hoarding #market disruption Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S. Korean actress IU Nobel chemistry laureate in Seoul prev PM vows no tolerance against unfair market practices Next PM vows no tolerance against unfair market practices
OK By Yi Wonju SEOUL, April 8 (Yonhap) -- Prime Minister Kim Min-seok on Wednesday issued a fresh warning against unfair market practices, saying that the government would apply a "zero-tolerance" principle to crack down on any potential disruptions in markets. Speaking at a meeting with relevant ministries, Kim called for the government to work to thoroughly prevent "actions that fuel anxiety through fake news or harm the interests of the public through hoarding." "The situation in the Middle East remains shrouded in uncertainty and concerns are growing over a protracted war," the prime minister said. "The government must prepare for all possible scenarios and actively explore every available measure." "Above all, we need a zero-tolerance approach against any act that disrupts market order," he added. Prime Minister Kim Min-seok speaks during an emergency economic headquarters meeting convened to discuss the government's response to the Middle East crisis at the government complex in Seoul on April 8, 2026. (Yonhap) julesyi@yna.co.kr (END) Keywords #PM #economy #hoarding #market disruption Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S. Korean actress IU Nobel chemistry laureate in Seoul prev PM vows no tolerance against unfair market practices Next PM vows no tolerance against unfair market practices
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By Yi Wonju
SEOUL, April 8 (Yonhap) -- Prime Minister Kim Min-seok on Wednesday issued a fresh warning against unfair market practices, saying that the government would apply a "zero-tolerance" principle to crack down on any potential disruptions in markets.
Speaking at a meeting with relevant ministries, Kim called for the government to work to thoroughly prevent "actions that fuel anxiety through fake news or harm the interests of the public through hoarding."
"The situation in the Middle East remains shrouded in uncertainty and concerns are growing over a protracted war," the prime minister said. "The government must prepare for all possible scenarios and actively explore every available measure."
"Above all, we need a zero-tolerance approach against any act that disrupts market order," he added.
Kim urged members of the Cabinet to ensure that a supplementary budget aimed at stabilizing people's livelihoods is passed without delay.
He further called on authorities to thoroughly conduct risk assessments on the use of alternative shipping routes bypassing the Strait of Hormuz.
Prime Minister Kim Min-seok speaks during an emergency economic headquarters meeting convened to discuss the government's response to the Middle East crisis at the government complex in Seoul on April 8, 2026. (Yonhap)
julesyi@yna.co.kr
(END)
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## Expert Analysis
### Merits
N/A
### Areas for Consideration
- He further called on authorities to thoroughly conduct risk assessments on the use of alternative shipping routes bypassing the Strait of Hormuz.
- Prime Minister Kim Min-seok speaks during an emergency economic headquarters meeting convened to discuss the government's response to the Middle East crisis at the government complex in Seoul on April 8, 2026. (Yonhap) julesyi@yna.co.kr (END) Keywords #PM #economy #hoarding #market disruption Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S.
### Implications
- Prime Minister Kim Min-seok speaks during an emergency economic headquarters meeting convened to discuss the government's response to the Middle East crisis at the government complex in Seoul on April 8, 2026. (Yonhap) julesyi@yna.co.kr (END) Keywords #PM #economy #hoarding #market disruption Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S.
- Korea mulling transfer of 1 KF-21 prototype to Indonesia (LEAD) Top presidential aide to visit Kazakhstan, Oman, Saudi Arabia to discuss securing crude oil, naphtha (LEA) N.
- Korea launched projectile Tuesday: JCS (LEAD) Kim Yo-jong says N.
### Expert Commentary
This article covers korea, kim, market topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 464.
Original Source
https://en.yna.co.kr/view/AEN20260408002500315