Reuters Yoon is the first sitting South Korean president to be arrested South Korea’s Yoon Suk Yeol has become the country’s first sitting president to be arrested, ending a weeks-long standoff between investigators and his personal security. Yoon, whose failed attempt to impose martial law plunged the country into turmoil and saw him impeached by…
A screen displays the Kospi index and the exchange rate between the South Korean won and US dollar inside a trading room at Hana Bank in Seoul, South Korea, on Monday, Dec. 16, 2024. SeongJoon Cho | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily…
The Bank of Korea (BOK) in Seoul on Dec. 28, 2024. Kim Jae-Hwan | Lightrocket | Getty Images Risks posed by South Korea’s political turmoil to its economy could subside within half a year, but external pressures owed to possible tariffs on the country’s exports to the U.S. are “troublesome,” a key Bank of Korea…
