South Korea is facing a deepening political crisis following President Yoon Suk Yeol's unprecedented declaration of martial law late Tuesday night.

In a dramatic response, the opposition Democratic Party has vowed to impeach the president, moving quickly to hold a vote this weekend.

However, Yoon’s ruling People Power Party, despite internal divisions, has declared its intent to oppose the impeachment.

Prosecutors in South Korea have also launched an investigation into President Yoon, his interior minister, and the now-former defense minister, Kim Yong-hyun, regarding their roles in the martial law attempt.

On The Big Story, Hongbin Jeong speaks to Hyejin Kim, Senior Lecturer of Political Science at NUS, to share more.

South Korea is facing a deepening political crisis following President Yoon Suk Yeol's unprecedented declaration of martial law late Tuesday night.
In a dramatic response, the opposition Democratic Party has vowed to impeach the president, moving quickly to hold a vote this weekend.
However, Yoon’s ruling People Power Party, despite internal divisions, has declared its intent to oppose the impeachment.
Prosecutors in South Korea have also launched an investigation into President Yoon, his interior minister, and the now-former defense minister, Kim Yong-hyun, regarding their roles in the martial law attempt.
On The Big Story, Hongbin Jeong speaks to Hyejin Kim, Senior Lecturer of Political Science at NUS, to share more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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