South Korean officials are urging calm in financial markets following a recent martial-law controversy involving President Yoon Suk Yeol, which has raised concerns about the nation's creditworthiness. Despite the turmoil, the Finance Ministry reported limited market impact and pledged to monitor conditions closely, especially with uncertainties surrounding the incoming U.S. administration. The opposition is preparing to impeach Yoon, who faces significant political challenges ahead.
South Korea is set to enhance its monitoring of financial markets in response to Donald Trump's return to the presidency. Finance Minister Choi Sang-mok announced that the government will actively manage risks by expanding its around-the-clock surveillance of global events, including conflicts in the Mideast and fluctuations in financial and foreign exchange markets.
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