Stock market today: Asian stocks slide after South Korea's political drama, but Kospi falls only 2%
Wednesday, 4 December 2024 () Asian markets are mostly lower after overnight political drama in South Korea added to regional uncertainties. Seoul's Kospi fell less than 2%. U.S. futures rose while oil prices were little changed. South Korea President Yoon Suk Yeol suddenly declared martial law Tuesday night, prompting troops to surround the parliament. Yoon revoked the order about six hours later. The won briefly plunged to a two-year low against the U.S. dollar but recovered by early Wednesday. On Tuesday, U.S. stocks tiptoed to more records in a quiet session. The S&P 500 edged up less than 0.1%, setting an all-time high for the 55th time this year. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq added 0.4%.
Shocking footage reveals South Korean troops storming the National Assembly in Seoul during President Yoon Suk Yeol's short-lived attempt to impose martial law. The dramatic scenes unfold as security cameras capture military helicopters arriving overnight and soldiers attempting to enter the...
Following the sudden lifting of martial law in South Korea, the US Embassy issued an emergency alert for American citizens, advising caution and vigilance due to a "fluid" situation. While the martial..
South Korea faced a political storm after President Yoon Suk Yeol declared martial law, citing threats from North Korea and anti-state forces. Parliament rejected the move within hours, prompting..
In an unprecedented move, South Korea's President Yoon Suk Yeol has declared martial law, marking the first time since 1980. The controversial decision, aimed at "eradicating pro-North Korean..
Asian markets retreated Wednesday after overnight political drama in South Korea added to regional uncertainties, though the Kospi in Seoul fell less than 2%.... Japan Today
Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial... Invezz