impeachment News

South Korea on the Brink: Political Turmoil and Economic Uncertainty Post-Leaders' Impeachment

South Korea faces political and economic uncertainty after the impeachment of its top leaders, with concerns over international credibility and calls for a political system overhau...

South Korean Financial Markets Shaken as Exchange Rate Hits 1,480 Won and KOSPI Drops Below 2,400 Amid Political Crisis

South Korea's financial markets face turbulence as the won/dollar exchange rate exceeds 1,480 won and the KOSPI index falls below 2,400, amid political instability and a proposed i...

Political Turmoil Mounts: The Growing Burden on the Bank of Korea

Recent political events in Korea, including impeachment motions, have raised concerns about their impact on the market. The Bank of Korea faces increased pressure to stimulate the ...

Kospi Plunges 2.6% Amid Political Turmoil in South Korea

Major stock indices in the Asia-Pacific region traded mostly lower on Monday, with South Korea's Kospi dropping 2.62% amid heightened political tensions. A motion to impeach Presid...

Political Turmoil in South Korea: How Will It Affect Government Bond Yields?

An analyst at Hanwha Investment & Securities predicts that the impact of a martial law situation on government bond yields would be limited. This forecast comes in the wake of rece...

South Korea's Political Turmoil Threatens Economic Growth: Goldman Sachs Analysis

Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...

Uncertainty Grips Business Sector Amid Political Turmoil and Economic Challenges

Domestic companies are on high alert amid the aftermath of President Yoon Suk Yeol's martial law and the opposition parties' push for his impeachment. With the prolonged economic d...

Legislative Gridlock Threatens South Korea's Economic Stability Amid Political Crisis

South Korea's economic policies face significant turbulence due to political gridlock, with 1,764 economic bills pending in various committees of the National Assembly. The ongoing...