South Korean court reduces Han Duck-soo’s prison term in martial law case

Seoul appeals court cuts Han Duck-soo's prison sentence from 23 years to 15.

South Korean court cuts former prime minister Han Duck-soo’s jail term to 15 years

A South Korean appeals court reduced the sentence of former prime minister Han Duck-soo on Thursday by eight years for crimes relating to ex-president Yoon Suk-yeol’s martial law declaration. Yoon’s decree in December 2024 briefly suspended civilian rule and plunged South Korea into chaos, but only lasted around six hours as opposition lawmakers moved quickly to overturn it in a vote. A lower court had sentenced Han in January to a heavier-than-expected jail term of 23 years for engaging in t...

By Agence France-Presse

Seoul shares up nearly 1.5% at fresh peak after briefly topping 7,500 on Iran peace deal hopes; won rises

South Korean stocks extended their bullish run Thursday to close at a new all-time high after briefly topping the 7,500-point mark on hopes for a Washington-Tehran deal to end their war and positive outlooks on chipmakers, backed by an artificial intelligence boom. The local currency gained against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index added 105.49 points, or 1.43 percent, to a fresh record high of 7,490.05. Trade volume was heavy at 755.4 million s

By The Korea Herald

Iranian embassy denies armed forces struck South Korean ship in Hormuz

Iranian embassy denies armed forces struck S’Korean ship in Hormuz

Iran’s embassy denies its armed forces were involved in an explosion on a South Korean vessel during a recent Hormuz incident, rejecting US claims. Read More: https://punchng.com/iranian-embassy-denies-armed-forces-struck-skorean-ship-in-hormuz/

By Punch Newspapers