Korea Joongang Daily
Korea JoongAng Daily

Korean President Yoon Suk Yeol ousted from office after unanimous Constitutional Court ruling

The Constitutional Court in a historic ruling on Friday upheld a decision to impeach President Yoon Suk Yeol for imposing martial law on Dec. 3.

2025-04-04

Kospi rebounds as Constitutional Court begins impeachment verdict announcement

Korea’s benchmark index Kospi markedly rebounded above the 2,500 threshold at around 11 a.m. as the Constitutional Court began to announce its verdict on the impeachment proceeding against President Yoon Suk Yeol.

2025-04-04

Constitutional Court upholds Yoon impeachment verdict

The Constitutional Court on Friday, in a historic ruling, upheld a decision to impeach President Yoon Suk Yeol for imposing martial law on Dec. 3.

2025-04-04

Hansung University to offer scholarships to students impacted by Myanmar earthquake, Korean wildfires

Hansung University will offer scholarships to students from natural disaster-stricken regions, including Burmese students affected by the recent earthquake in their country.

2025-04-04

Trump's pick for China envoy says It's not inconsistent to reinforce alliances amid 'fair' trade talks

U.S. President Donald Trump's pick for America's top envoy to China said Thursday that it is "not inconsistent" to pursue stronger ties with allies while engaging in negotiations for "fair" trade.

2025-04-04

Trump won't 'back off' on tariffs: Commerce secretary

U.S. President Donald Trump will not "back off" on recently announced tariffs, Commerce Secretary Howard Lutnick said Thursday, renewing calls for trading partners to fix their tariff- and non-tariff barriers.

2025-04-04

Trump says tariffs on semiconductors will start 'very soon'

U.S. President Donald Trump said Thursday that tariffs on semiconductor imports will begin "very soon" in what would be an escalation of his trade fight expected to affect South Korea's chipmaking industry.

2025-04-04

Financial firms' overseas real estate investments down in Q3

The outstanding value of overseas real estate invested by Korean financial institutions amounted to nearly 56 trillion won (US$38 billion) at the end of September 2024, down 0.5 trillion won from three months earlier, data showed Friday.

2025-04-04

Police prepare for the worst with impeachment ruling just an hour away

Less than an hour remains before the Constitutional Court announces its verdict on President Yoon Suk Yeol’s impeachment. As large crowds gather near the court, thousands of police officers are stationed nearby in preparation.

2025-04-04

White House flips, sets Korea's tariff rate at 25%, not 26%

The White House once again changed its mind and fixed the rate for Korea's reciprocal tariffs to 25 percent from 26 percent Thursday, this time officially revising the number in the annex to the executive order.

2025-04-04