SEOUL, Dec. 4 (Korea Bizwire) — Major South Korean conglomerates kept busy Wednesday trying to evaluate their business conditions amid uncertainties in the wake of a short-lived declaration of emergency martial law that sent ripples through the financial market. Key players in the business sector, including Samsung Group, SK Group and LG Group, held emergency [...]
SEOUL, Dec. 4 (Korea Bizwire) — Civic groups gathered in Gwanghwamun Square in Seoul on Wednesday to denounce President Yoon Suk Yeol’s short-lived declaration of martial law and demand the impeachment of his administration. Members of the Korean Confederation of Trade Unions, People’s Solidarity for Participatory Democracy and other civic groups held a press conference [...]
WASHINGTON, Dec. 3 (Korea Bizwire) — South Korean President Yoon Suk Yeol’s short-lived declaration of martial law appeared to have taken the United States aback, pushing its officials to ensure the alliance with the long-trusted Asian ally is “ironclad” while voicing hope for a “peaceful” resolution. After Yoon made the surprise declaration of emergency martial [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s top general on Wednesday ordered the military to focus on its duty of protecting the public after the National Assembly voted to reject President Yoon Suk Yeol’s declaration of martial law. Joint Chiefs of Staff (JCS) Chairman Adm. Kim Myung-soo made the remark in an emergency meeting [...]
SEOUL, Dec. 3 (Korea Bizwire) – In a dramatic turn of events, South Korea’s National Assembly passed a resolution early Wednesday morning to rescind President Yoon Suk Yeol’s declaration of martial law, which had been announced just hours earlier on Tuesday evening. The swift and tense developments have drawn thousands of protesters to the streets. On [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law late Tuesday, citing escalating threats to national security and constitutional order. The announcement, delivered in an emergency address from the presidential office in Yongsan, invoked Article 77 of the South Korean Constitution, which permits martial law in cases of war, armed conflict, or [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law on December 3, pledging to “rebuild and safeguard the Republic of Korea from descending into ruin.” The announcement came during an emergency briefing held at the presidential office in Yongsan, Seoul. In response, Defense Minister Kim Yong-hyun convened a late-night meeting with senior [...]
SEOUL, Jul. 12 (Korea Bizwire) — Eight out of 10 South Koreans support overhauling or dismantling the military’s intelligence unit, a survey showed Thursday, following revelations the unit reviewed the possibility of martial law last year in response to protests calling for then-President Park Geun-hye’s ouster. A Defense Security Command (DSC) document, drawn up last [...]