Tag #South Korea

faz.net
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Brief Martial Law Declaration in South Korea Triggers Market Sell-Off

South Korean President Yoon Suk-yeol's surprise declaration of martial law, later rescinded, caused significant drops in Korean stock prices traded globally—Samsung Electronics lost 7% in London, Hyundai 5%—and the Korean won fell to a two-year low against the dollar, prompting a ₩10 trillion market...

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40% Bias Score

dw.com
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South Korea President Declares, Then Lifts, Martial Law

South Korean President Yoon Suk Yeol declared martial law on Tuesday night, citing opposition obstruction of his budget and alleged sympathy with North Korea, but lifted it early Wednesday morning after the opposition-controlled parliament unanimously voted against it.

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48% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Oil Prices Rise Amid Geopolitical Tensions and OPEC+ Expectations

Oil prices rose slightly on Wednesday to $74.00 per barrel for Brent crude and $70.26 for WTI, driven by expectations of extended OPEC+ supply cuts and heightened geopolitical tensions in the Middle East and South Korea, despite rising US oil inventories.

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44% Bias Score

dw.com
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South Korean Defense Minister Resigns Amidst Martial Law Controversy

South Korean Defense Minister Kim Yeo-jun resigned on December 4th, 2023, following President Yoon Suk-yeol's controversial declaration of martial law on December 3rd, which was swiftly revoked due to public and political pressure. The opposition launched impeachment proceedings against the Presiden...

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40% Bias Score

Peace, Justice, and Strong Institutions
zeit.de
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South Korea: President Faces Impeachment After Martial Law Declaration

South Korean President Yoon Suk Yeol declared martial law on Tuesday due to a budget dispute with the opposition, prompting impeachment proceedings and widespread protests; the National Assembly unanimously called for the martial law's end.

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40% Bias Score

dailymail.co.uk
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South Korea: President Yoon Faces Impeachment After Martial Law Declaration

South Korean President Yoon Suk Yeol declared martial law on Tuesday night, sparking immediate chaos and a motion to impeach him due to a string of scandals involving himself and his wife, including allegations of corruption and receiving illegal gifts.

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56% Bias Score

dw.com
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Amtsenthebungsverfahren gegen Südkoreas Präsidenten nach Kriegsrechtsausrufung

Südkoreas Präsident Yoon Suk Yeol rief kurzzeitig das Kriegsrecht aus, was von der Opposition als Grund für ein Amtsenthebungsverfahren gesehen wird. Das Parlament lehnte den Ausnahmezustand ab, woraufhin Yoon ihn aufhob und die Minister geschlossen ihren Rücktritt anboten.

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40% Bias Score

cnbc.com
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Martial Law Briefly Declared in South Korea, Markets React Sharply

South Korean President Yoon Suk Yeol declared and then lifted martial law early Wednesday morning after the National Assembly overturned his decree; the Kospi fell 1.6%, and the won reached a two-year low against the US dollar, prompting the Bank of Korea to offer emergency loans; impeachment procee...

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36% Bias Score

dw.com
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South Korea Faces Impeachment Crisis After President Declares, Retracts Martial Law

South Korean President Yoon Suk-yeol declared and then retracted martial law on Tuesday, leading to impeachment proceedings initiated by six opposition parties; a parliamentary vote is expected by Friday, potentially resulting in his removal from office.

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40% Bias Score

kathimerini.gr
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Attempted Coup in South Korea Shakes Regional Stability

A six-hour military coup attempt against South Korean President Yoon Suk Yeol on Tuesday evening surprised the country and the international community, raising concerns about the stability of a key US ally amid growing geopolitical tensions in the region.

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52% Bias Score

dw.com
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South Korea Faces Political Crisis After President Declares, Then Revokes, Martial Law

South Korean President Yoon Suk Yeol declared, then revoked, martial law on Tuesday evening due to political conflict with the opposition Democratic Party, which holds a parliamentary majority and has initiated impeachment proceedings against him, leading to national shock and renewed fears of autho...

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52% Bias Score

Peace, Justice, and Strong Institutions
pda.kp.ru
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South Korea President's Martial Law Attempt Backfires, Impeachment Initiated

South Korean President Yoon Suk Yeol's surprise declaration of martial law, aimed at the opposition-controlled parliament, was swiftly reversed following public backlash and the resignation of the defense minister. Impeachment proceedings against Yoon are underway.

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48% Bias Score