political crisis 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...

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...