The KOSPI, the country’s stock market, finished 1.4% lower and the Korean won was little changed against the dollar.

Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.

Global investors won’t soon forget Seoul’s amateur hour political performance, William Pesek writes in a guest commentary.

South Korea's opposition parties submitted an impeachment motion against President Yoon Suk Yeol on Wednesday afternoon, just hours after his short-lived attempt at imposing martial law was overturned by lawmakers.

South Korean officials stepped in to shore up support for the country’s financial markets as investors braced for political uncertainty after President Yoon Suk Yeol’s failed attempt to impose martial law.

South Korea’s financial markets have been shaken by political uncertainty following President Yoon Suk Yeol's brief declaration of martial law, sending the local currency and stock prices into a tailspin.