Angry rice farmers. Striking doctors. A $2,200 Dior bag. South Korea’s president, Yoon Suk Yeol, may have sealed his political fate last week when he declared martial law, triggering public outrage. But he was hardly a beloved figure before that. Even before Mr. Yoon’s brief imposition of military rule, a series of scandals and unpopular…
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – The commander of South Korea’s special forces that stormed parliament last week after a martial law declaration said on Monday he was ordered to block lawmakers from entering the chamber to prevent a vote to lift the emergency measure. Colonel Kim Hyun-tae, the commanding officer of…
(Bloomberg) — Asian stocks were poised for a mixed opening on Monday as traders grappled with continued political upheaval in South Korea and awaited signs of fresh stimulus from Beijing. Oil was steady after the Syrian government was toppled. Most Read from Bloomberg Australian stocks and equity futures in Hong Kong fell while those in…
South Korean prosecutors on Sunday arrested former defence minister Kim Yong-Hyun amid a probe into alleged treason following President Yoon Suk Yeol implemented martial law, according to Yonhap News Agency.Kim, who stepped down on Wednesday, was considered instrumental in Tuesday’s temporary martial law implementation. According to a high-ranking military official and opposition members’ impeachment documents,…
Tens of thousands of South Koreans from across the country gathered in the streets outside the National Assembly in Seoul on Saturday, demanding President Yoon Suk Yeol’s ouster. Mr. Yoon briefly imposed martial law on Tuesday, reopening old wounds and plunging the country into political chaos. An attempt to impeach Mr. Yoon failed to garner…
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…
With South Korean President Yoon Suk-yeol’s impeachment looking more likely, analysts say there is a higher chance of the main opposition party rising to power – and it could take a more “conciliatory approach” to China. But they had mixed views on how Seoul’s foreign policy and its relations with Beijing – which are in…
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…
NEW YORK (AP) — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has…
Backed into a political corner, with a hostile parliament and tanking approval ratings, South Korea’s President Yoon Suk Yeol opted for the nuclear option. In a late-night televised address, the beleaguered president and former prosecutor announced he was imposing martial law. “To safeguard a liberal South Korea from the threats posed by North Korea’s communist…