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South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office

3 April 2025
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South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office
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South Korea’s Constitutional Court upheld the impeachment of President Yoon Suk Yeol, leading to his ousting from office and starting a 60-day countdown for a presidential election. Prime Minister Han Duck-soo has been reinstated as acting president. The decision was unanimous, with the court ruling that Yoon’s declaration of martial law did not meet legal requirements and that he violated the law by sending troops to parliament, causing a plunge in the stock market and prompting an emergency meeting to examine the financial impact of the ruling.

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Tags: Asia EconomyBreaking News: AsiaBreaking News: Politicsbusiness newsconstitutionalCourtForeign policyGovernment and politicsimpeachmentKorea039sKOSPI IndexOfficeOustingPoliticspresidentSouthSouth KoreaupholdsUS Dollar/Korean Won FX Spot RateYoon
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