Yoon Suk-Yeol

Down on South Korea's Stock Exchange after Chaos

The South Korean stock index Kospi fell as much as 2.3 percent in early Wednesday trading, following the political chaos in the country.

South Korea: The Stock Exchange Opens

South Korea: This is what has happened

South Korea has introduced a state of emergency – for the first time since the years of dictatorship – after President Yoon Suk-Yeol's surprising decision. Here comes a summary of the dramatic event development.

Former Ambassador: Yoon Realized He Had Lost

The resistance became too strong for South Korea's president, who was forced to back down from his decision to introduce martial law. He likely did not receive support from the police and military and realized he had lost, says former ambassador Lars Vargö. Now, impeachment may await Yoon.

South Korea's President: Martial Law Lifted

South Korea's President Yoon Suk-Yeol says in a televised speech that he will lift the state of emergency in the country. Shortly thereafter, the country's cabinet approved the motion to repeal the war laws, reports Yonhap.

Stocks and currency fell – crisis meeting awaits

South Korean stocks and currency fell after the announcement on Tuesday that the country's president Yoon Suk-Yeol had introduced martial law. The country's monetary policy board is holding an extraordinary meeting on Wednesday.

South Korea's President: Martial Law Lifted

South Korea's President Yoon Suk-Yeol says in a televised speech that he will lift the state of emergency. The country's cabinet has approved a motion to repeal the war laws, reports Yonhap.

The Warning: North Korea's Soldiers a Global Threat

South Korea's President Yoon Suk-Yeol warns that the North Korean soldiers sent to Russia pose a global threat – and that the world must now prepare countermeasures.