Part 1/8:

Political Turmoil and Economic Outlook: Key Developments in Asia and Europe

In this issue of Horizons, significant political and economic events unfold across Asia and Europe, affecting markets and international relations.

South Korean Financial Stability Under Threat

South Korea's Political Crisis

South Korea is grappling with political turmoil, as President Yoon Suk-eul faces an impeachment vote expected on Saturday due to a controversial declaration of martial law, which was quickly reversed. This political uncertainty raises alarms among investors, and South Korean policymakers are urging calm in the financial markets. The Bank of Korea is optimistic that volatility will gradually diminish, promising unlimited liquidity support if necessary.

Market Reactions