South Korean authorities began a second attempt on Wednesday to detain President Yoon Suk Yeol over his botched declaration of martial law.
South Korea’s Yoon Suk-yeol rose from star prosecutor to the presidency in just a few years, but after a series of scandals and a bungled martial law decree, he’s become the country’s first-ever sitting president to be arrested.
Thousands of protesters recently gathered in Seoul following failed attempt to arrest impeached President Yoon Suk-yeol last week.
As impeached South Korean President Yoon Suk Yeol fights for his political survival, the embattled leader has found an ally among young conservative men.
Police officers and investigators leave impeached South Korean President Yoon Suk Yeol's official residence, as investigators were unable to execute an arrest warrant on Friday for Yoon according to the Corruption Investigation Office for High-ranking Officials, in Seoul, South Korea, January 3, 2025. REUTERS/Kim Hong-Ji TPX IMAGES OF THE DAY
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
Markets across the Asia-Pacific region were mostly lower on Monday as investors digested mixed economic data and corporate performances.
Hong Kong travel agencies have adjusted their itineraries for trips to Korea in response to recent protests, with one noting inquiries and registrations had dropped by up to 30 percent recently.