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Yoon Suk Yeol News - Latest Updates & Headlines

South Korea: PPP appears to distance itself from ex-President Yoon

Seoul, May 14: The South Korean People Power Party (PPP) showed signs of distancing itself from ousted President Yoon Suk Yeol on Wednesday, as the conservative party struggles to catch up with Democratic Party (DP) candidate Lee Jae-myung with less than three weeks to go before the presidential election.

S. Korean economy shrinks in Q1 amid political chaos, tariff uncertainty

Seoul, April 24: The South Korean economy posted negative growth from three months earlier in the first quarter, the first on-quarter contraction in nine months, central bank data showed on Thursday, amid a domestic political crisis and uncertainties stemming from the Donald Trump administration's sweeping tariff scheme.