Han Dong-hoon, chairman of the ruling People Power Party on Wednesday urged President Yoon Suk Yeol to immediately dismiss the minister of national defense who recommended the declaration of martial law. The former justice minister said all officials accountable for the crisis must face serious consequences, stressing that the president himself should be able to provide a detailed explanation of the situation. "As the ruling party, we deeply apologize to the public for this distressing s

The Korean won fell to a two-year low against the US dollar after President Yoon Suk Yeol declared emergency martial law late Tuesday. The Korean currency weakened as much as 1.4 percent and touched 1,430 won per dollar during the nighttime offshore trading. The decline followed a late-night television address by President Yoon, who claimed the move was necessary to protect the country from "anti-state" forces. The Korean won sharply dropped right after Yoon’s declaration at arou

With the awarding ceremony just one week away, Han Kang, the first Asian woman to win the Nobel Prize in literature, is about to embark on a monumental week of events in Stockholm and Oslo. A series of official events -- including press conferences, lectures and readings -- will take place as part of Nobel Week, running from Friday to Dec. 12. The highlight will be Tuesday's ceremony at the Stockholm Concert Hall, where the Swedish Academy will present medals and diplomas to laureates in fi