The Korean government has announced that it will inject unlimited liquidity into finical markets for long as necessary.

South Korea's President Yoon Suk Yeol has declared martial law, citing the need to protect against "communist forces" amid budget disputes.

Yoon Suk Yeol’s decree, and his reversal under pressure from lawmakers, were the culmination of years of feuding between the country’s two main political camps.

By Stephen Culp NEW YORK (Reuters) -A surprise declaration of martial law in Korea that had sent the won plummeting and gave U.S. Treasuries a brief safe-haven boost was lifted on Tuesday, removing one source of geopolitical jitters for world markets to contend with.