The Business Times
business-time-50

South Korea cabinet ministers offer to resign en masse: local newspaper reports

google-preferred-sourceAdd BT as a preferred source
Published Wed, Dec 4, 2024 · 01:25 PM
    • Protesters call for the resignation of South Korean President Yoon Suk Yeol during a demonstration in Seoul, South Korea, Dec. 4, 2024.
    • Protesters call for the resignation of South Korean President Yoon Suk Yeol during a demonstration in Seoul, South Korea, Dec. 4, 2024. PHOTO: BLOOMBERG

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    SOUTH Korea’s cabinet ministers have expressed their intention to resign en masse to the prime minister, the Chosun Ilbo newspaper reported on Wednesday citing a source close to the ruling party.

    The report comes after a martial law declaration by President Yoon Suk Yeol the previous night which he withdrew after parliament voted to reject it.

    Prime Minister Han Duck Soo is scheduled to meet with the ruling People Power Party leadership and senior aides to Yoon at 2 pm (0500 GMT), Chosun Ilbo reported. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    South Korea

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More