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1.The Seoul Central District Court is set to convene a hearing to review whether to arrest former Defense Minister Kim Yong-hyun on charges of colluding with President Yoon Suk Yeol to commit insurrection. The result is expected to come out as early as late Tuesday.
2.The National Assembly on Tuesday passed a bill mandating a permanent special counsel to investigate treason charges against President Yoon Suk Yeol over his attempt to impose martial law.
3.The benchmark KOSPI rose 57-point-26 points on Tuesday to close at two-thousand-417-point-84. A bill to abolish the financial investment income tax also passed Tuesday's plenary session.
1.A motion to impeach President Yoon Suk Yeol over his short-lived attempt to impose martial law was scrapped Saturday due to a lack of quorum, raising uncertainties about South Korea’s political future.
2.Leader of the ruling People Power Party Han Dong-hoon vowed to work toward an "orderly retreat" of President Yoon Suk Yeol following a failed impeachment motion against him. National Assembly Speaker Woo Won-shik condemned a joint public statement made by Prime Minister Han Duck-soo and PPP leader Han Dong-hoon.
3.The benchmark Korea Composite Stock Price Index dipped 67-point-58 points, or two-point-78 percent, on Monday to close at two-thousand-360-point-58. The tech-heavy KOSDAQ shed five-point-19 percent to close at 627-point-01.
1.Leader of the ruling People Power Party Han Dong-hoon said Friday that President Yoon Suk Yeol's duties should be promptly suspended, revealing that Yoon ordered the arrests of politicians during his aborted martial law declaration. Han added that the president might take drastic action again if he stays in office.
2.U.S. Secretary of State Antony Blinken on Thursday welcomed the lifting of martial law in South Korea and expressed his expectation for the Asian country's "democratic process to prevail" during a call with South Korean Foreign Minister Cho Tae-yul.
3.The benchmark Korea Composite Stock Price Index dipped 13-point-69 points, or zero-point-56 percent, on Friday to close at two-thousand-428-point-16.
1.President Yoon Suk Yeol on Thursday accepted the resignation of Defense Minister Kim Yong-hyun, who had proposed the martial law declaration to Yoon. Yoon has nominated Choi Byung-hyuk, a retired four-star Army general currently serving as the ambassador to Saudi Arabia, to succeed Kim.
2.The Korean Central News Agency reported Thursday that the comprehensive strategic partnership treaty between North Korea and Russia went into effect on December 4th.
3.The Bank of Korea chief said Thursday that the current political climate surrounding President Yoon’s declaration of martial law is unlikely to affect South Korea’s sovereign ratings and growth momentum.
1.South Korean President Yoon Suk Yeol said on Wednesday he would lift a martial law declaration he had imposed just six hours before, backing down after 190 lawmakers present in the National Assembly unanimously passed a motion to reject the decree.
2.The main opposition Democratic Party and five other minor opposition parties submitted a motion to impeach President Yoon Suk Yeol on Wednesday after Yoon's declaration of martial law was blocked by lawmakers.
3.The benchmark Korea Composite Stock Price Index dipped 36-point-one points, or one-point-44 percent, on Wednesday to close at two-thousand-464-point-zero. The tech-heavy KOSDAQ lost 13-point-65 points, or one-point-98 percent, to close at 677-point-15.
1.President Yoon Suk Yeol and Kyrgyz President Sadyr Japarov have agreed to elevate bilateral relations between the two countries and form a comprehensive partnership, after a summit at the presidential office on Tuesday.
2.According to data released by Statistics Korea on Tuesday, South Korea's consumer price index stood at 114-point-four last month, up one-point-five percent from a year earlier in November. Prices of agriculture, livestock and fisheries products went up 1 percent on-year last month.
3.After the U.S. Commerce Department on Monday announced restrictions on exports to China of advanced high-bandwidth memory chips used in artificial intelligence,...South Korea's trade ministry said Tuesday it expects the latest export controls to have little impact on the country's chip industry.
1.National Assembly speaker Woo Won-shik on Monday decided to put an opposition-led downsized budget bill for next year on hold, urging the ruling and opposition parties to reach an agreement by next week.
2.The Korea Central News Agency reported Saturday that North Korean leader Kim Jong-un met Russia’s visiting defense minister and expressed his support for Russia’s war in Ukraine.
3.According to local health authorities, at least 200 people were killed in Israeli airstrikes on northern Gaza Saturday, as the United Nations said it would pause aid deliveries through the enclave’s main crossing after more of its trucks were stolen.
1.The European Union announced Thursday that it has given the final approval for a 1.8 trillion-won, or roughly 1-point-4 billion U.S. dollar, merger deal between Korean Air and Asiana Airlines.
2.The Korean Medical Association on Thursday urged members of the consultative body on the doctors’ walkout to withdraw from talks, after People Power Party leader Han Dong-hoon supported establishing new medical schools. A decision on their continued involvement is expected to be made today.
3.The defense ministry said Friday that South Korea has completed the development of a homegrown Long-range Surface-to-Air Missile system, in a feat that will help bolster the military's air defense capabilities against North Korea's nuclear and missile threats.
1.The Korea Meteorological Administration said Thursday that 28-point-6 centimeters of snow blanketed Seoul as of 8 a.m. at the official weather observation point. This marks the third-heaviest figure from the same location in central Seoul.
2.The Bank of Korea‘s Monetary Policy Board held a meeting Thursday and cut its benchmark interest rate for the second consecutive session to three percent, representing a zero-point-25 percentage point cut, in a surprise move that defied market expectations.
3.Foreign Minister Cho Tae-yul said Thursday the government will continue urging Japan to hold a "sincere" memorial ceremony starting next year for Korean victims of wartime forced labor at the UNESCO-listed Sado mine complex in Japan.
1.The Korea Meteorological Administration said that more than 16 centimeters of snow blanketed Seoul on Wednesday, marking the biggest November snowfall since modern weather observations began in 1907.
2.An Ukrainian delegation led by Kyiv’s Defense Minister is expected to visit Seoul and meet with President Yoon Suk Yeol as early as Wednesday.
3.A ceasefire between Israel and Hezbollah took effect at 4 a.m. local time in Lebanon on Wednesday, bringing an end to more than a year of cross-border strikes that has killed thousands. The deal stipulates a 60-day halt in hostilities.
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