South Korea’s new president Lee Jae-myung vows economic revival, judgment on martial law

June 4, 2025 8:55 AM

South Korea’s new president Lee Jae-myung vows economic revival, judgment on martial law

South Korea's new liberal President Lee Jae-myung began his term on Wednesday, vowing to raise the country from the turmoil of a martial law crisis and revive an economy reeling from slowing growth and the threat of global protectionism. Lee's decisive victory in Tuesday's snap election stands to usher in a sea change in Asia's fourth-largest economy, after backlash against a botched attempt at military rule brought down Yoon Suk Yeol just three years into his troubled presidency. He faces wha...

South Koreans vote for president in hope of restoring stability after martial law crisis

June 3, 2025 9:10 AM

South Koreans vote for president in hope of restoring stability after martial law crisis

South Koreans were voting for a new president on Tuesday to cap six months of turmoil triggered by a shock martial law briefly imposed by former leader Yoon Suk Yeol that marred the country's reputation as a vibrant, if at times chaotic, democracy. The new leader will face the challenge of rallying a society deeply scarred by the attempt at military rule and an export-heavy economy reeling from unpredictable protectionist moves by the United States, a major trading partner and a security ally. ...