South Korean Stocks Fall After President Yoon's Martial Law Attempt

Reported about 18 hours ago

South Korean stocks dropped sharply following President Yoon Suk Yeol's unexpected declaration of martial law, which he rescinded hours later amidst strong parliamentary opposition. The KOSPI index fell by 1.44%, marking a 7.20% decline for the year, while the South Korean won sank to multi-year lows, prompting the finance ministry to prepare to inject massive liquidity into the markets to stabilize the situation.

Source: YAHOO

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