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SEOUL, South Korea — The South Korean government on Monday ordered an overseas travel ban on President Yoon Suk Yeol as he faces investigation on possible rebellion charges over a short-lived martial law declaration that plunged the key U.S. ally into chaos last week. The martial law order banned all political activity and censored the news media. It was a shocking turn of events for South Korea, which spent decades under military-authoritarian rule before transitioning into a vibrant democracy and the world’s 10th-largest economy. Han also said investigations into Yoon’s martial law declaration would be conducted “rigorously, impartially and transparently” by the authorities. “President Yoon Seok Yeol must be immediately arrested, investigated and stripped of his military command authority,” senior Democratic lawmaker Kim Min-seok said Sunday.
Persons: Yoon Suk, Yoon, Lawmakers, Ezra Acayan, Yoon —, Han Dong, hoon, , , Han Duck, Han, Kim Yong, Lee Sang, ” Han, Yoon Seok, Kim Min, seok, Kim, Han Min, Stella Kim, Janis Mackey Frayer, Jennifer Jett Organizations: South, National Assembly, Lawmakers, People Power Party, U.S, Democratic Party, Democratic, NBC News Locations: SEOUL, South Korea, North Korea, Korea, Seoul, United States, Japan, Hong Kong
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. South Korea's president survives impeachment voteSouth Korean president Yoon Seok Yeol has survived an impeachment vote over the weekend after his ruling People's Power Party boycotted the vote. China consumer inflation rate drops to a five-month lowChina's headline inflation rate fell to a five-month low in November and missed expectations. The country's inflation rate climbed 0.2% from a year ago, lower than the 0.5% expected by economists polled by Reuters.
Persons: Hayat Tahrir, Sham, Syria's Assad, Bashar Al, Assad, Yoon Seok Yeol, Kospi Organizations: National Syrian Army, CNBC, Tass, RIA, South, People's Power Party, Nasdaq, Federal Reserve, Reuters Locations: Hama, Syria, Russia, Damascus, U.S, China
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. South Korea's president survives impeachment voteSouth Korean president Yoon Seok Yeol has survived an impeachment vote over the weekend after his ruling People's Power Party boycotted the vote. Court upholds law ordering TikTok sale in U.S.A federal appeals court upheld a law requiring China-based ByteDance to sell social media app TikTok next month or face an effective ban in the U.S. TikTok said that it will ask the U.S. Supreme Court to overturn the appeals court decision.
Persons: Bashar al, Assad, Syria's Assad, Bashar Al, Yoon Seok Yeol, TikTok Organizations: CNBC, Tass, RIA, South, People's Power Party, U.S, Supreme, Nasdaq, Federal Reserve, Dow Jones Locations: Hama's, Russia, Damascus, Syria, China, U.S
U.S. President Joe Biden meets with China's President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia's war on Ukraine. In front of the cameras Saturday, Xi spoke to Biden — but it was unmistakable that his message was directed at Trump. After he was greeted by Xi, Biden ignored shouted questions from reporters on his concerns about the incoming Trump administration as well as North Korea. Biden is looking for Xi to step up Chinese engagement to prevent an already dangerous moment with North Korea from further escalating.
Persons: Joe Biden, Xi Jinping, Donald Trump, Xi, Biden, haven't, We've, Trump, Warby Parker, Steve Madden, Kamala Harris, Jake Sullivan, Yoon Seok Yul, Shigeru Ishiba, Kim Jong, Pyongyang's, Kim Organizations: APEC, U.S, Economic Cooperation, U.S ., China -, Conference Center, Nike, Trump, White House, FBI, Ukraine, South, North, The North Locations: Lima , Peru, Beijing, U.S, Asia, China, North Korea, Ukraine, Lima's, Northern California, Russia, Taiwan, Moscow, United States, Russia's Kursk, Pyongyang, The, The North Koreans, Japan, South Korea, Xi, Peru
South and North Korea troops potentially entering the Russia-Ukraine war is unlikely to stoke a wider conflict between the two Korean countries, experts said. The U.S. on Wednesday confirmed that North Korean troops had been sent to Russia. "The messaging we are seeing is likely intended to deter the actual deployment of North Korean troops to Ukraine from Russia. But that will depend on how the North Korean troops are deployed, she added. "In such a case, South Korean troops would be shooting in self defence, thus limiting the nature of such combat encounters."
Persons: Yonhap, Yoon Seok Yeol, Liang, Nah, Naoko Aoki, Aoki, Pyongyang's Organizations: stoke, Yonhap, NBC News, CNBC, Singapore's, Rajaratnam, of International Studies, Seoul, RAND, North Locations: Korea, South, North Korea, Russia, Ukraine, South Korea, North, Moscow, Pyongyang, Seoul
[1/3] Women ride on an escalator past a couple wearing masks to avoid contracting the coronavirus disease (COVID-19) at a shopping mall in Seoul, South Korea, January 30, 2023. The lifting of the face-covering rules in the majority of indoor locations is South Korea's latest step in easing COVID rules as new cases show signs of a slowdown. People are still required to wear the masks in public transport settings and in medical facilities. But many citizens also said they will still wear masks with the pandemic not fully over. The easing of rules come about three years after South Korea reported its first outbreak of COVID infection on Jan. 20, 2020.
North Korea has done dozens of missile tests this year, including an ICBM test last week. We should always keep talking to North Korea — it is too dangerous to ignore — but there is little realistic hope that North Korea will deal profoundly with its nukes or missiles at this point. South Koreans watch a news report on North Korean missile tests. The current South Korean president, Yoon Seok-yeol, suggested, as a candidate, that South Korea might preemptively air-strike North Korean missile sites in a crisis. The South Korean conservative party has suggested that South Korea should withdraw from the NPT if the North conducts a seventh nuclear test.
South Korean President Yoon Seok-yeol was captured on a hot mic reportedly disparaging American lawmakers. Yoon was overheard calling members of US Congress "idiots" in a now-viral clip. The remarks were made after Yoon met with US President Joe Biden in New York City. Yoon and Biden met Wednesday at the Global Fund's Seventh Replenishment Conference in New York City. The South Korean president's remark was apparently in reference to Biden pledging $6 billion in funding to the Global Fund, an international organization that aims to defeat HIV, tuberculosis, and malaria.
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