South Korea's Martial Law Lifted Amid Political Turmoil and Market Rebound

South Korea experienced a brief period of political chaos when President Yoon Suk Yeol declared martial law, citing threats from North Korea and anti-state elements, only to revoke it hours later following public and parliamentary backlash. The announcement led to widespread fear and confusion among citizens, with protests erupting outside the National Assembly and concerns about potential economic impacts. The situation evoked memories of past military rule and raised fears of restricted freedoms, before the president's reversal brought relief and celebrations.