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South Korea's impeached president is arrested over martial-law move

Mint Bangalore

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January 16, 2025

South Korean authorities arrested and detained for questioning the country's impeached president, Yoon Suk Yeol, deepening the fallout from his short-lived declaration of martial law last month.

- Dasl Yoon, Soobin Kim & Timothy W. Martin

Never before has a South Korean sitting president been arrested. The 64-year-old Yoon is being investigated on possible allegations of insurrection, among others. He was detained at the country's presidential residence in central Seoul, where investigators had backed down in a first attempt earlier this month after a tense standoff with Yoon's armed bodyguards.

For their second try, investigators showed up with about 1,000 personnel, roughly 160 buses, riot police and specialized law-enforcement units that typically deal with organized crime or drug trafficking. Yoon's security personnel fortified the presidential compound with extra barbed wire and new barricades following the unsuccessful attempt on Jan. 3.

After a roughly six-hour standoff on Wednesday, Yoon slid into a black SUV around 10:30 a.m. and was driven to the special investigator's office in a Seoul suburb. Special investigators will now have 48 hours to request a formal arrest warrant that would keep Yoon in detention as the criminal investigation against him unfolds. If a judge declines, Yoon would walk free.

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Vedanta’s bond plan faces query on $600 mn loan funds

$250 mn of $500mn loan still not drawn: Vedanta

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WeWork India preps ₹3,000 cr IPO in share sale by promoters

WeWork India Management Ltd, the country’s largest flexible workspace operator, will launch its initial public offering (IPO) on Friday as its shareholders plan to raise up t0 ₹3,000 crore.

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Dubai halts HDFC from adding new customers

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time to read

1 min

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Enviable dilemma

It's a dilemma that the Reserve Bank of India (RBI) wouldn't mind being caught in.

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Walmart CEO issues wake-up call: ‘AI Is going to change literally every job’

Walmart executives aren’tsugarcoating the message: Artificial intelligence will wipe out some jobs and reshape its workforce.

time to read

4 mins

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Personal shoppers lift India’s premium fashion retail sales

Stylists help customers mix and match outfits, boosting confidence and setting brands apart

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2 mins

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Mint Bangalore

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Russia's exports to India falter, UAE rises as formidable competitor

India’s imports from Russia declined 5.54% to $26.46 billion in the first five months of the current financial year, bringing the country’s secondlargest supplier of goods close to being overtaken by third-placed United Arab Emirates (UAE), government data showed.

time to read

1 mins

September 30, 2025

Mint Bangalore

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RACING AHEAD: ARE AUTO STOCKS STILL A BUY?

India's auto sector is displaying all the signs of a classic bull market. But there are risks

time to read

8 mins

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Govt warns Kerala on amoeba case surge

The central government has asked Kerala authorities to step up monitoring after the state reported a surge in cases of a rare brain-eating amoeba. Kerala health minister Veena George has said the state has recorded 80 cases and 21 deaths so far in 2025.

time to read

1 min

September 30, 2025

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