While some big companies, including LG Electronics Inc. and Naver Corp., advised employees to work from home, the US consulate in South Korea advised residents to stay away from protest-placing areas.
North Korean stocks dropped by about 1.3 percent, while the won remained steady at close to a two-year low, as did the volatile financial markets. Dealers reported alleged intervention by South Korean government to stop the wo n’s decline.
Overnight, the fund government promised to boost areas if necessary, and Bank of Korea Governor Rhee Chang-yong and Finance Minister Choi Sang-mok and Rhee Chang-yong held crisis sessions.
” We will add unlimited cash into stocks, bonds, short-term money industry as well as international market for the time being until they are fully normalised”, the authorities said in a statement.
Sales of canned goods, fast noodles and packaged water had soared immediately, said a big South Asian convenience store network, which sought secrecy.
” I’m greatly disturbed by this kind of condition, and I’m very concerned about the future of the country”, 39-year-old Seoul citizen Kim Byeong-In told Reuters.
If more than two-thirds of legislators cast a ballot in favor, the National Assembly is remove the president from office. Following a vote by six of the nine magistrates, the constitutional jury will hold a test.
Yoon’s group has 108 votes in the 300-member government.