Finance Minister Choi Quits and Lee Jae-Myung's Fate Remains Uncertain Post Supreme Court Ruling

• The Finance Minister Choi Sang-Mok resigned as the National Assembly was trying to vote to impeach him just before Choi resuming role as South Korea's acting President once again.

• The Supreme Court "reversed and remanded" the case of Lee Jae-Myung, the leading candidate of the Democratic Party of Korea, for being guilty of violating the Public Official Election Act.

• All in all, given the uncertain political landscape, this could result in more overseas institutional investors in the Korean stock market to sit out longer on the sidelines.

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