• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
People holding placards that read "Democracy won" attend a rally to celebrate the expulsion of South Korean President Yoon Suk Yeol in Seoul, South Korea, April 5, 2025. Kim Soo-hyeon
People holding placards that read "Democracy won" attend a rally to celebrate the expulsion of South Korean President Yoon Suk Yeol in Seoul, South Korea, April 5, 2025. Kim Soo-hyeon
Home
World
Asia Pacific

South Korea to hold snap presidential election on June 3

April 8th, 2025 | 01:42 AM WORLD Asia Pacific 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Hyundai Motor India to raise car prices by up to 1% from September
Hong Kong exchange posts record half-year profit on trading, fundraising boom
After Philippines school shooting, debate shifts to social media, gun safety
Thai schools hold shooting response drills after deadly school attack
By Reuters

South Korea's government has approved June 3 as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his short-lived declaration of martial law.

The cabinet agreed the date on Tuesday after discussions with the National Election Commission since it needed to approve a public holiday for the election.

Yoon was removed by the Constitutional Court for violating his official duty by issuing the martial law decree on December 3 and mobilising troops in an attempt to halt parliamentary proceedings.

The law requires a new presidential election within 60 days if the position becomes vacant.

South Korea has faced months of political turmoil since Yoon stunned the country by declaring martial law, triggering his impeachment by parliament and the impeachment of acting leader Prime Minister Han Duck-soo.

Han's impeachment was later overturned by the Constitutional Court and he will continue in the role of acting president until the election.

The power vacuum at the top of South Korea's government has overshadowed Seoul's efforts to deal with the administration of U.S. President Donald Trump at a time of spiralling U.S. tariffs and slowing growth in Asia's fourth-largest economy.

Lee Jae-myung, the populist leader of the liberal Democratic Party who had lost to Yoon by a razor-thin margin in 2022, is a clear front-runner but faces legal challenges of his own under multiple trials for charges including violating the election law and bribery.

The conservatives have a wide-open field of candidates.

According to a Gallup poll published on April 4, 34% of respondents supported Lee as the next leader, 9% backed conservative Labour Minister Kim Moon-soo, 5% former ruling party leader Han Dong-hoon, 4% Daegu mayor Hong Joon-pyo, and 2% Seoul mayor Oh Se-hoon.

  • Topic
  • SOUTHKOREA
  • POLITICS/ (UPDATE 1, TV, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Hyundai Motor India to raise car prices by up to 1% from September

Related Posts

Asia Pacific
August 19th, 2026

Hyundai Motor India to raise car prices by up to 1% from September

Asia Pacific
August 19th, 2026

Hong Kong exchange posts record half-year profit on trading, fundraising...

Asia Pacific
August 19th, 2026

After Philippines school shooting, debate shifts to social media, gun sa...

Asia Pacific
August 19th, 2026

Thai schools hold shooting response drills after deadly school attack

Asia Pacific
August 19th, 2026

China robot makers flock to Beijing show, seek path to mass adoption

Asia Pacific
August 19th, 2026

Japan has few answers as bond rout puts fiscal plans at risk

The Wire
Aug 19th 4 h ago
Litigation

Greater regulatory scrutiny no bar to mining mergers, bosse...

Aug 19th 4 h ago
Energy

Turkey is ready to search for oil and gas in Syria, Turkish...

Aug 19th 4 h ago
Technology

Nebius plans $4.5 billion convertible debt sale to fund dat...

Aug 19th 5 h ago
Baseball

Now healthy, Blue Jays' Max Scherzer takes aim at Rays

Aug 19th 5 h ago
Retail & Consumer

Off-price retailer TJX raises annual profit forecasts

TRENDING ON FINANCETIME
Aug 19th, 2026 Business

European corporate outlook keeps improving as recovery goes beyond energy profits

Aug 19th, 2026 Baseball

With Jo Adell in question, Guardians chase series win vs. Giants

Aug 19th, 2026 Technology

Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

Aug 19th, 2026 India

Global shocks, IPO wave could temper India's earnings-led market revival, Abakkus Investment says

Aug 19th, 2026 Africa

Egypt to widen cash subsidy scheme to cover more essential foods

Markets-Sectors
HEALTHCARE +1.60%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT