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South Korea's Yoon Suk Yeol Removed, Court Says President 'Committed A Grave Betrayal'
Friday, April 4, 2025 - 12:05am | 474South Korea’s suspended president, Yoon Suk Yeol, was removed from office Friday after the country’s Constitutional Court unanimously upheld parliament’s impeachment over his December martial law declaration. What Happened: All eight justices voted to strip Yoon of presidential...
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South Korean President Yoon Suk Yeol Arrested — KOSPI Edges Higher Despite Political Upheaval, Won Stable
Tuesday, January 14, 2025 - 10:34pm | 360South Korean markets showed resilience Wednesday as President Yoon Suk Yeol was taken into custody, with the benchmark KOSPI rising 0.40% to 2,507.35 amid heightened political uncertainty. Yoon, 64, was detained at 10:33 a.m. local time by a joint probe team investigating allegations related to his...
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South Korea Cuts Economic Growth Forecast, Impeached President Defies Arrest As Political Turmoil Continues
Friday, January 3, 2025 - 5:29pm | 516More than 100 South Korean police officers failed to arrest impeached President Yoon Suk Yeol after a near-six-hour standoff on Friday, in the latest development in South Korea's month-long political crisis. The Details: According to a report from the Associated Press, South Korea's anti-...
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South Korean President Yoon Suk Yeol Faces Arrest Over Martial Law Declaration
Monday, December 30, 2024 - 9:37pm | 607A South Korean court has approved the detainment of President Yoon Suk Yeol over his imposition of martial law earlier in the month. What Happened: On Tuesday (local time), the Seoul Western District Court issued a warrant against Yoon on charges of masterminding a failed martial law declaration,...
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South Korean Lawmakers Impeach Yoon Over Martial Law Attempt
Saturday, December 14, 2024 - 3:14pm | 426South Korean lawmakers have voted to impeach President Yoon Suk Yeol following his controversial attempt to impose martial law, a move that triggered widespread protests across the country. The impeachment motion passed after an unexpected twist, with several members of Yoon's own People Power...
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South Korean President Yoon Suk Yeol Faces Impeachment Demands After Brief Martial Law, Opposition Calls It a 'Grave Act of Rebellion'
Wednesday, December 4, 2024 - 12:24am | 536South Korean President Yoon Suk Yeol is under fire from the main opposition party, who are demanding his resignation or impeachment in the wake of a short-lived martial law imposition. What Happened: The Democratic Party, which holds a majority in the 300-seat parliament, has called for President...
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South Korea ETFs, Won Pare Losses As Yoon Makes U-Turn On Martial Law Declaration
Tuesday, December 3, 2024 - 5:05pm | 701South Korean markets staged a sharp recovery Tuesday afternoon after President Yoon Suk Yeol reversed a martial law declaration just hours after its announcement following a unanimous parliamentary vote against the measure. The iShares MSCI South Korea ETF (NYSE:EWY), a key vehicle for U.S.-based...
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South Korean ETFs Slide On President's Emergency Martial Law Declaration, Opposition Leader Calls Move 'Unconstitutional' (UPDATED)
Tuesday, December 3, 2024 - 11:41am | 786Editor’s note: This story has been updated with additional details and to clarify a reference to South Korea’s parliament . The country’s parliament speaker is reportedly planning to convene a parliamentary session. South Korean President Yoon Suk Yeol declared emergency martial...
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Kim Jong Un's Rising Threats Prompt US-South Korea Joint Nuclear Deterrence Guidelines
Friday, July 12, 2024 - 9:05am | 558In a significant move to bolster their response to King Jong UN’s North Korea escalating nuclear threats, the United States and South Korea have signed their first joint nuclear deterrence guidelines. What Happened: The agreement was formalized on Thursday at a NATO summit in Washington. U.S...
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Chinese Premier Li Qiang Holds First Trilateral Summit With Japan And South Korea In Four Years To Discuss Renewed Relations
Monday, May 27, 2024 - 2:08am | 617Chinese Premier Li Qiang praised the renewal of relations with Japan and South Korea during their first trilateral talks in four years on Monday. What Happened: The summit, held in Seoul, aimed to revive trade and security dialogues that have been stalled by global tensions, Reuters reported. Li...
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South Korea's President Unveils $7B Investment In AI To Preserve Semiconductor Dominance
Tuesday, April 9, 2024 - 4:55am | 624South Korean President Yoon Suk Yeol announced a $7 billion investment in artificial intelligence (AI) by 2027 to maintain its global dominance in semiconductor chips. What Happened: The investment includes a 1.4 trillion won fund to support AI semiconductor firms. This is part of South Korea...
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Kim Jong Un Says He Has Lawful Right To Destroy 'Primary Enemy' South Korea: 'Peace Is Not Something That Should Be Begged'
Friday, February 9, 2024 - 2:02am | 625North Korean leader Kim Jong Un has made a bold statement, asserting his legal right to annihilate South Korea. What Happened: Kim made this statement during a visit to the Ministry of Defense to commemorate the founding of the North Korean army, according to the official Korean Central News Agency...
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South Korean Opposition Leader Lee Jae Myung Attacked During Busan Visit
Tuesday, January 2, 2024 - 1:59am | 457In a troubling incident, South Korean opposition leader Lee Jae-myung was the victim of an assault during a public appearance in Busan City, raising eyebrows about the increasing instances of political violence in the nation. What Happened: According to Yonhap News Agency, Lee, the chairman of the...
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Kim Jong Un Said To Be Reading Military Actions In Response To US Three-Nation Summit: South Korea
Thursday, August 17, 2023 - 5:53am | 426North Korea may respond to an imminent summit between the U.S., South Korea and Japan with military action, warned a South Korean lawmaker, Reuters reports. Yoo Sang-bum, a member of the South Korean parliament, said that the protest from their neighbour could take the form of an intercontinental...
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Biden And Yoon's Plan To Deter Kim Jong Un Could Trigger New 'Nuclear Crisis,' Chinese Expert Warns
Friday, April 28, 2023 - 2:29am | 565A Chinese expert warned that U.S. President Joe Biden and South Korean President Yoon Suk-yeol‘s decision to deploy nuclear weapons in Seoul could trigger another nuclear crisis in the Korean Peninsula. What Happened: Lü Chao, an expert on Korean Peninsula issues at...