South Korean Parliament Lifts Martial Law Declared by the President Yoon
Late Tuesday on 3 December, South Korean President Yoon Suk-Yeol declared a martial law. Several hours afterwards, the South Korean Parliament voted to lift President Yoon's martial law order.
By drawing so much attention to the "dangers of the communist party from within Korea and outside," President Yoon is trying to align himself closer to President Trump.
In the near term, the impact on the Korean stock market of the declaration and lifting of martial law is likely to be negative.
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