South Korea’s conservative party, second-largest in the National Assembly
Voters have faced ballot-paper shortages at polling stations, sparking protests and calls for accountability. The National Election Commission has apologised and ordered investigations, while parties contest results in key urban centers, including Seoul and Busan. Local elections test President Lee Jae Myung's administration and the opposition's regrouping prospects.
The Seoul Central District Court has detailed Park Sung-jae’s pivotal role in Yoon’s 2024 martial-law push, linking officials' actions to detentions, travel bans and possible detentions. Yoon faces multiple trials, including rebellion and drone-operations charges, while other cabinet figures are receiving prison terms.
The Seoul Central District Court has found former president Yoon Suk Yeol violated political funding laws by receiving free polling services and exerting undue influence over party nominations. He remains in detention and is appealing multiple convictions linked to martial law in 2024 and an insurrection case. The ruling is part of a broader wave of trials surrounding Yoon.
South Korea’s Kospi has surged and then tumbled in line with AI-driven moves by Samsung and SK Hynix. Regulators have paused leveraged ETFs as retail traders chase high-risk bets, while global investors watch the country as a barometer for AI demand.
The Independent and AP News report that ousted President Yoon has been sentenced for election-law violations, with prison terms suspended. The rulings center on false statements about a fortune teller and connections to the Unification Church. The court orders repayment of about 40 billion won in government-approved election expenses if the verdicts are upheld. Yoon appeals while remaining in custody.