South Korea's political turmoil shakes markets but offers room for cautious optimism
South Korea has found itself in the global spotlight after a stunning series of political events this week, raising concerns about the future of Asia's fourth-largest economy. President Yoon Suk Yeol's sudden announcement of emergency martial law on Tuesday evening, followed by a swift reversal a few hours later, has injected new uncertainty into the country's economic and political landscape. Analysts warn that the fallout could worsen South Korea's already difficult economic outlook, but some believe the turmoil could pave the way for brighter prospects if deeper instability can be avoided.
President Yoon initially justified the declaration of martial law as a necessary step to protect South Korea from “communist forces” present in North Korea and to deal with so-called “...
