South Korean political unrest jolts Asian stocks, triggers market volatility
Wednesday, 4 December 2024 () Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial markets. The South Korean won saw volatile trading, briefly strengthening on suspected intervention but remaining near its two-year low against the dollar. Meanwhile, the benchmark KOSPI index dropped nearly 2%, cementing its […]
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 anti-state forces," has ignited fierce opposition within the country. Yoon claims this measure is necessary...
Russia expressed concern over the unfolding political crisis in South Korea, following President Yoon Suk Yeol's brief declaration of martial law and subsequent reversal. Russian Foreign Ministry..
South Korea witnessed a dramatic day as President Yoon Suk Yeol’s unprecedented declaration of martial law sent shockwaves through the nation. Armored vehicles and troops briefly mobilized on the..
South Korea’s Defense Minister, Kim Yong-Hyun, resigned following his involvement in President Yoon Suk Yeol's controversial martial law declaration. The decree, which temporarily placed troops..
Wednesday, 4 December 2024 ()
Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial markets. The South Korean won saw volatile trading, briefly strengthening on suspected intervention but remaining near its two-year low against the dollar. Meanwhile, the benchmark KOSPI index dropped nearly 2%, cementing its […]
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