Conflict within the ruling People’s Power Party reached new heights after the National Assembly voted to impeach President Yoon Suk Yeol on Saturday, with the resignations of five of the party's six supreme council members. The PPP, at a meeting convened after the plenary session Saturday, voted to remove the current party leadership to take accountability for the events that led to the president's impeachment. "It really hurts to see the country repeating a painful history.

The National Assembly's decision to impeach President Yoon Suk Yeol may have cleared some economic uncertainties, though challenges surrounding slowing growth and depreciation of the Korean won linger. On Saturday, Korean lawmakers voted 204 to 85 to impeach Yoon. Market watchers expect the stock market to pick up pace as the impeachment approval clears out uncertainties. “For the capital market, the biggest enemy is uncertainties. With the impeachment providing clear prospects, the s

Last week's martial law debacle in South Korea, which nearly paralyzed the country and damaged its worldwide reputation, left many wondering about the odd nature of power grabs. While the attempt, fortunately, had failed, one might expect better planning for such a flagrant assault on the country's democratic institutions. The bizarrely amateurish and poorly thought out execution has sparked renewed questions about the president's judgment, including whispers about his notorious d