South Korea’s President Yoon Is Indicted

South Korea’s President Yoon Is Indicted

South Korea’s impeached and arrested president, Yoon Suk Yeol, was formally indicted on Sunday on charges of leading an insurrection last month when he briefly imposed martial law, prosecutors said. Mr. Yoon’s indictment means that his trial is likely to start soon. It follows the indictments of a former defense minister and several military generals…

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South Korea’s Central Bank Vows to Stabilize Markets Amid Political Turmoil

South Korea’s Central Bank Vows to Stabilize Markets Amid Political Turmoil

South Korea’s central bank vowed to stabilize financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol. “The Bank of Korea intends to utilize all available policy instruments, in conjunction with the government, to respond to and…

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Martial law and impeachment: Key facts about the crisis facing South Korea’s president

Martial law and impeachment: Key facts about the crisis facing South Korea’s president

South Korean president Yoon Suk Yeol (AP photo) South Korean president Yoon Suk Yeol is embroiled in a significant political crisis following his controversial decision to impose martial law and deploy armed forces in the capital, Seoul. Although Yoon apologised on Saturday, the unexpected declaration has ignited widespread outrage among citizens. Here are the things…

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Yoon replaces the defense minister as South Korea's parliament nears a vote on their impeachments

Yoon replaces the defense minister as South Korea’s parliament nears a vote on their impeachments

SEOUL, South Korea (AP) — South Korea’s president replaced his defense minister Thursday as opposition parties moved to impeach both men over the stunning yet short-lived imposition of martial law that brought armed troops into Seoul streets. The main opposition Democratic Party and other small opposition parties submitted a joint motion to impeach President Yoon…

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