Historic Arrest Shakes Asia-Pacific Markets

Following the unprecedented arrest of South Korea's impeached President Yoon Suk-yeol, Asia-Pacific markets showed mixed reactions. President Yoon, in a video message prior to his arrest, emphasized his actions were aimed at protecting the constitution and preventing violence, marking a significant moment in South Korea's political landscape.

Market Responses Across the Region

South Korea's Kospi Composite saw a slight increase, while Australia's S&P/ASX 200 also gained. Hong Kong's Hang Seng added to its value, contrasting with the decreases observed in the Shanghai and Shenzhen Composites. Japan's Nikkei 225 experienced a notable rise, indicating varied investor sentiments across the region.

Currency Movements

The dollar remained stable against the yen, reflecting a cautious stance among traders amidst the unfolding political developments in South Korea.