political crisis News

Turkey's Bold Moves to Stabilize Financial Markets Amidst Political Turmoil

Amid political crisis and market instability, Turkey's Minister of Treasury and Finance, Mehmet Simsek, assures the government's commitment to stabilizing the markets and continuin...

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...

Political Crisis Threatens to Prolong Korean Won Instability, Says BOK Governor

Bank of Korea Governor Rhee Chang-yong states that the Korean won is unlikely to stabilize soon due to the ongoing political crisis. Financial authorities pledge to mobilize resour...

Dollar Stabilizes Amid Fed Rate Cut Speculation; Won Recovers After Martial Law Reversal

The U.S. dollar recovers from a three-week low against the yen as traders ponder a Federal Reserve interest-rate cut. South Korea's won stabilizes after a martial law reversal, whi...

South Korean Stocks Plunge in US Markets Amid Martial Law Declaration

South Korean stocks traded in US markets experienced a significant decline on Tuesday, following President Yoon Suk Yeol's declaration of martial law. This move has sparked concern...