Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

South Korea court begins review of Yoon impeachment

by
December 16, 2024
in Top News
0
South Korea court begins review of Yoon impeachment
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter
South Korean President Yoon Suk Yeol delivers a speech to declare martial law in Seoul, South Korea, December 3, 2024. The Presidential Office/Handout via REUTERS/File Photo

SEOUL – South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol over his Dec. 3 martial law attempt, while investigators said they plan to question him this week.

All six current justices of the court will attend the first meeting over the impeachment, which the opposition-led parliament passed on Saturday. The court has up to six months to decide whether to remove Mr. Yoon from office or to reinstate him.

Justice Kim Hyung-du said the Constitutional Court will discuss procedures and how to conduct arguments.

In 2017, the court began oral arguments about three weeks after parliament voted to impeach then-President Park Geun-hye over abusing the powers of her office, and took three months to issue a ruling to strip her presidency.

Mr. Yoon and a number of senior officials face potential charges of insurrection, for the short-lived martial law.

A joint team of investigators from the police, the defence ministry and an anti-corruption agency are planning to call Mr. Yoon in for questioning at 10 a.m. (0100 GMT) on Wednesday, a police official told Reuters.

On Sunday Mr. Yoon did not appear in response to a summons for questioning by a separate investigation by the prosecutors’ office, Yonhap news reported. Yoon cited he was still forming a legal team for his defence as the reason, it said.

The government led by acting president, Han Duck-soo, was moving quickly to reassure international partners and calm financial markets, while the main opposition party pledged to cooperate in efforts to stabilise the situation.

Early on Monday, the finance minister, Bank of Korea governor and top financial regulators met and pledged around-the-clock monitoring of financial and foreign exchange markets.

The benchmark KOSPI index .KS11 rose for a fifth straight session on Monday and traded at its highest levels in more than two weeks, as authorities vowed to stabilise financial markets and analysts noted eased political uncertainty.

Mr. Yoon’s surprise martial law declaration and the ensuing political crisis spooked markets and South Korea’s diplomatic partners, worried over the country’s ability to deter nuclear-armed North Korea.

In one of his first moves as acting president, Han spoke with U.S. President Joe Biden by telephone on Sunday, pledging unwavering commitment to pursue foreign and security policies based on the alliance between the two countries.

Opposition Democratic Party leader Lee Jae-myung welcomed U.S. President-elect Donald Trump’s selection of his former intelligence chief to handle special missions including North Korea as a sign of commitment for dialogue to ease tensions.

The Saturday impeachment vote passed with at least 12 members of Yoon’s ruling People Power Party joining in favour, which has thrown the party into a disarray with its leader Han Dong-hoon announcing his resignation on Monday.

Mr. Han had publicly backed Yoon’s impeachment as the only way to restore order in the country and clashed with some members who continued to oppose the move. – Reuters

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
Globe highlights role of public-private partnerships in driving digital innovation

Globe highlights role of public-private partnerships in driving digital innovation

Recommended

BCDA, S. Korean agency in Clark development tie-up

BCDA, S. Korean agency in Clark development tie-up

September 22, 2024
Helium Stocks: 5 Biggest Canadian Companies in 2025

Helium Stocks: 5 Biggest Canadian Companies in 2025

August 8, 2025
“Veterans and Security Sector: Honoring Remembrance Sunday with Mental Health Workshop Series”

“Veterans and Security Sector: Honoring Remembrance Sunday with Mental Health Workshop Series”

November 9, 2024
BULLISH on These Options Trade Ideas

BULLISH on These Options Trade Ideas

February 4, 2025
“Ufton Court Promotes Global Outdoor Learning Days with Affordable Nature-Based Programs for Kids”

“Ufton Court Promotes Global Outdoor Learning Days with Affordable Nature-Based Programs for Kids”

November 5, 2024
WALKER LANE PROVIDES UPDATE ON LATE FILING OF FINANCIAL STATEMENTS

WALKER LANE PROVIDES UPDATE ON LATE FILING OF FINANCIAL STATEMENTS

February 13, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Warsh drops inflation bombshell that could reset interest-rate bets

    Warsh drops inflation bombshell that could reset interest-rate bets

    July 2, 2026
    Oracle stock falls for a seventh session as filing risk lands

    Oracle stock falls for a seventh session as filing risk lands

    July 2, 2026
    Top Broadcom insider unloads eye-popping number of shares

    Top Broadcom insider unloads eye-popping number of shares

    July 2, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved