#2024WithBinance
On December 3, 2024, South Korean President Yoon Suk Yeol declared martial law to address perceived threats from North Korea and internal anti-state elements. This decision marked a rare and significant moment in South Korea’s modern history. However, martial law was lifted within hours after a unanimous vote in the National Assembly, demonstrating strong political resistance to such measures and highlighting the strength of South Korea's democratic institutions.
Recently, South Korea's stock market has experienced fluctuations due to global economic uncertainties and regional tensions, including North Korea's actions. The semiconductor industry, a major export sector, has also faced challenges, although government support packages aim to stabilize this area. These developments have contributed to overall market volatility, with dips observed in key indices. The market remains sensitive to geopolitical developments and monetary policy decisions.