Constitutional Court Dismisses President Yoon Suk-yeol
The Constitutional Court has unanimously upheld the impeachment motion against President Yoon Suk-yeol, officially removing him from office. The court cited "a grave betrayal of the Constitution and public trust." Yoon becomes the second president in Korean history to be removed by impeachment.
Loss of Presidential Privileges
Following the ruling, all presidential privileges granted to former presidents have been revoked for Yoon. Had the impeachment been dismissed, he would have immediately resumed office.
Public Demonstrations Continue in Gwanghwamun
Despite rainy weather, citizens gathered in Gwanghwamun, some protesting the impeachment while others supported the court’s decision. The nation remains divided over the issue.
Early Presidential Election on June 3
Due to Yoon's removal, a new presidential election will be held on June 3. All eyes are on potential candidates and the future leadership of Korea.
Trump Administration Imposes 25% Tariffs on Korea
The Trump administration has announced a 25% reciprocal tariff on Korean exports. Originally proposed at 26%, the rate was slightly reduced, but the economic impact is expected to be significant.
NASDAQ Drops 6%, Global Markets Shake
The NASDAQ fell 6% in a single day, wiping out approximately 4,000 trillion KRW in market value. The plunge has heightened concerns in global financial markets.
KOSPI Rebounds as Ruling Date Set
Korean financial markets reacted positively following the impeachment ruling date announcement. The KOSPI rebounded to over 2,500, and the exchange rate dropped.
Impeachment Motion Against Finance Minister Submitted
An impeachment motion against Vice Prime Minister Choi Sang-mok was reported in the National Assembly. The ruling party strongly condemned it, calling it an "economic terror attack."
39 Medical Schools Complete Enrollment; Some Students Take Leave
Students at 39 out of 40 medical schools in Korea have completed enrollment. However, some students immediately submitted leave of absence forms, signaling ongoing conflict over the expansion of medical school quotas.
Sancheong-Hadong Wildfire Under Control After 213 Hours
The massive wildfire in Sancheong and Hadong was contained after burning for 213 hours. Full extinguishment may take up to ten more days.
North Korea Reports Yoon's Dismissal After One Day
North Korea’s state-run KCNA reported Yoon’s removal a day after the event, with minimal commentary.
2025 Economic Growth Forecast at 1.6%
South Korea’s economy is expected to grow by 1.6% this year. While domestic demand may recover, slowing exports could hold back overall growth. Lower interest rates may help boost private consumption.
Resolution Passed to Appoint Constitutional Court Nominee Ma Eun-hyuk
The opposition-led National Assembly passed a resolution urging the appointment of Ma Eun-hyuk as a Constitutional Court justice. Ruling party lawmakers walked out in protest.
KBS Replaces News Anchors
KBS has reshuffled its main news program anchors as part of its spring reorganization. New faces will lead major broadcasts like 'News 9.'
Osaka World Expo to Open Soon
The World Expo in Osaka, Japan, is set to open in mid-April, drawing international attention and participation from countries around the globe.
Financial Regulator Prioritizes Market Stability
The Financial Services Commission announced its key 2025 agenda: prioritizing market stability, strengthening consumer finance, and accelerating financial innovation.
