South Korea’s conservative President Yoon Suk Yeol declared “emergency martial law” early Tuesday in a surprise move that rattled equities with exposure to South Korean markets.
The KRW shattered on Tuesday after SK President declared martial law. SK President Yoon Suk Yeol’s martial law call ran aground of South Korean lawmakers. The KRW plunged to its lowest levels since mid-2023 after political turmoil. South Korea’s President accused the country’s opposition Democratic Party of sympathizing with North Korea and undermining South Korea’s parliament with anti-state activities.
In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. What are the key assets to track to understand risk sentiment dynamics? Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korean leader meets Ukraine delegation and calls for response to North Korean troops in RussiaSouth Korea’s president has met a visiting Ukraine delegation and called for a joint response to the threat posed by North Korea’s recent dispatch of more than 10,000 soldiers to support Russia’s war against Ukraine.
Read more »
South Korean leader meets Ukraine delegation, calls for response to North Korean troops in RussiaSouth Korea’s president met a Ukraine delegation and called for a joint response to North Korea's sending soldiers to support Russia’s war on Ukraine.
Read more »
South Korea Won't 'Sit Idle' Over North Korean Troops in Russia: Ambassador'The scale of deployed North Korean troops is being closely watched,' Yoon Yeocheol, South Korea's ambassador to the U.K., told Newsweek.
Read more »
What is the South Korean 4B movement and why are American women claiming to embrace it?Since Donald Trump's re-election, a new hashtag has taken over social media: 4bmovementusa. Here's why.
Read more »
South Korean politician calls for investigation of biomass energy material imported from IndonesiaA South Korean National Assembly member has called for a moratorium on wood pellet imports from Indonesia and an investigation into South Korea’s biomass use after government data and satellite analysis linked the country’s biomass imports to deforestation in Indonesia.
Read more »
Russia traded air defense for North Korean troops in Ukraine, South Korea claimsNorth Korea's troop deployment threatens to escalate the war.
Read more »