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Yoon Suk Yeol
Global Economy
South Korea cuts growth forecasts after martial law fiasco
The Finance Ministry now sees the economy growing 1.8% in 2025 after expanding 2.1% last year.
16 days ago
Global Economy
South Korea's central bank vows to stabilise markets amid political turmoil
'Predictability of the political process is expected to improve going forward and financial market volatility is anticipated to reduce'
December 15, 2024
Global Economy
South Korea's Yoon impeached after botched martial law attempt
Yoon will be suspended from his duties, with Prime Minister Han Duck-soo expected to step in as interim leader
December 14, 2024
Global Markets
Korean stocks gain after losing US$100 bil to political crisis
South Korean equities rose on Tuesday, seeking their first daily advance since last week’s short-lived martial law thrust the country into political turmoil.
December 10, 2024
Global Markets
Kospi’s losses have traders debating need for stabilisation fund
The Kospi Index has lost 5.6% since President Yoon Suk Yeol’s botched martial law imposition, while the small-cap Kosdaq Index has slid even more.
December 09, 2024
Geopolitics
South Korea’s ruling party vows ‘orderly exit’ for Yoon
President Yoon shocked the nation by briefly declaring martial law, which he revoked within hours after parliament unanimously rejected it.
December 08, 2024
Geopolitics
Key ally of South Korea president Yoon Suk Yeol now wants him gone
Lee Jae-myung (centre) and other party members hold protest signs demanding the resignation of Yoon at the National Assembly in Seoul on Dec 5.
December 06, 2024
Global Markets
Political turmoil adds gloom to beleaguered South Korean markets
The Kospi is down 7% this year, while the won has slumped about 9% against the US dollar, the most among Asian currencies.
December 05, 2024
Global Markets
South Korea's Yoon can kiss his stock market reform goodbye
Instead of lifting up the stock market, Yoon is giving global investors one more reason to stay away
December 05, 2024