S. Korea's Dem candidate says Kospi could hit 5K-mark - Breaking The News

S. Korea's Dem candidate says Kospi could hit 5K-mark

25 December

1 min read

EPA-EFE/YONHAP

Lee Jae-myung, the presidential candidate of South Korea's ruling Democratic Party, on Saturday said that the country's equities are undervalued and that the Korea Composite Stock Price Index (Kospi) can easily rise above the 5,000-point mark.

"Kospi reaching 5,000 points is not difficult," Lee said on 3Pro TV, according to Yonhap.

The index closed at 3,012.43 on Friday, up by 0.48%.

Lee Jae-myung

Opposition leader urges 'courage' ahead of Yoon's recall vote

7 December

The leader of South Korea's Democratic Party (DP) Lee Jae-myung called for the members of the ruling People Power Party (PPP) to show "courage" ahead of the vote to impeach President Yoon Suk-yeol and amid political turmoil triggered by his decision to impose martial law."As individual constitutional institutions, lawmakers must reflect on why they exist and what their duties are. The people know the necessity of impeachment and are demanding it. PPP...

Opposition leader joins calls to suspend Yoon's duties

6 December

The leader of South Korea's Democratic Party (DP) Lee Jae-myung (pictured) said President Yoon Suk-yeol's presidential duties should be immediately suspended for abuse of power, while also accusing him of being the "mastermind behind a rebellion.""A president who has threatened the lives of the people with unconstitutional and illegal acts cannot be entrusted with state affairs for even a moment," Lee said. He further stressed that presidential immunity...

S. Korean parliament votes to block martial law declaration

3 December

The South Korean parliament passed a resolution on Tuesday to overturn President Yoon Suk-yeol's declaration of emergency martial law within the country "to eradicate pro-North Korea forces and protect free constitutional order.""The martial law declaration is now invalid. Citizens, please remain calm. The National Assembly will protect democracy together with the people. Military and police personnel currently inside the National Assembly grounds are...

S. Korea opposition leader: Martial law unconstitutional

3 December

Leader of the Democratic Party, South Korea's largest opposition party in the National Assembly, Lee Jae-myung (pictured) described on Tuesday the martial law President Yoon Suk-yeol declared as "unconstitutional" and "against the people."Speaking to the press, Lee said that the parliament will try to annul Yoon's decision while also expressing fears that the military could try to arrest those lawmakers who support the nullification. In the meantime, YTN...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.