
The sharp increase in the tech index was primarily driven by strong performances from key technology stocks, with industry giants such as Alibaba, Tencent, and Xiaomi leading the charge. Investors were buoyed by robust corporate earnings and optimistic growth forecasts, propelling these tech firms to new highs.South Korea’s right-wing president, Yoon Suk Yeol, suddenly declared martial law across the country on Tuesday and then swiftly rescinded it after the self-declared anti-communist power grab was unanimously rejected by parliament and sparked a public mass uprising. Late Tuesday evening, Yoon declared martial law, saying that there is a need to protect the country from “communist forces” and to eliminate “anti-state forces.” The decree prohibited all political activities, put all news publications under control of martial law and banned all labor activities like strikes or work slowdowns. Members of the National Assembly, South Korea’s parliament, rushed to the chamber after the declaration, with one lawmaker saying that he had to climb over a wall to get past police and military who were blocking the building. Less than three hours after it was declared, parliament voted, 190 to 0, to reverse the edict. Meanwhile, protests erupted in Seoul after the declaration. The Korean Confederation of Trade Unions, one of South Korea’s largest unions with over 1 million members, called for an “ indefinite general strike ” until Yoon resigned. Even though the parliament voted to undo the declaration, military officials had reportedly pledged to continue enforcing it until the president lifted it, according to South Korean news channel YTN . But then, just about six hours after Yoon’s surprise television conference, he rescinded his declaration, citing the National Assembly’s vote . It was the first time martial law had been declared in South Korea since 1980 , when it was declared under a fascist dictatorship propped up in part by the U.S. Yoon is a scandal-plagued far right leader who has massively expanded the oppressive security state within the country since he was narrowly elected in 2022. President Joe Biden has been criticized for his warm relationship with Yoon, saying he is a “great friend” and maintaining diplomatic relations. The Biden administration refused to condemn the martial law declaration on Tuesday, only expressing “concern” over “developments we are seeing on the ground,” as a White House spokesperson said. “Certainly it is our hope and expectation that the laws and regulations of a particular country are abided by that particular country,” said State Department deputy spokesperson Vedant Patel at a news briefing. “Ultimately, we want to see these political disputes resolved peacefully and in accordance with the rule of law. And of course, such a vote in the legislature would be consistent with that approach.” Yoon had already faced mass calls to resign prior to Tuesday, facing accusations of abusing his veto power to advance his own interests, including vetoing a bill to investigate his wife for allegations of stock manipulation; legislation to investigate a 2022 crowd crush that killed 159 people in Seoul; and a bill to probe the death of a marine seemingly caused by negligence within the military.
Canada Post removes deadline for letters to Santa’s H0H0H0 postal codeSimilarly, Kim Dong-yeon, the former Minister of National Defense, has also come under intense scrutiny for his actions while in office. Accusations of misuse of government funds, procurement irregularities, and conflicts of interest have dogged his reputation, leading to calls for his resignation and investigation. The decision to target him for arrest further underscores the seriousness of the allegations and the determination of law enforcement authorities to hold those in positions of power accountable for their actions.
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UCF coach Gus Malzahn is resigning from the Knights to become the new offensive coordinator at Florida State , sources confirmed to CBS Sports' John Talty. Malzahn posted a 28-24 record in four seasons with the Knights but had consecutive losing seasons after joining the Big 12. Malzahn is tasked with repairing a Florida State offense that struggled mightily during a lifeless campaign. The Seminoles finished No. 131 in the nation in total offense and scoring offense, mustering only 15.8 points per game against an ACC schedule one year after going 13-1 with a conference championship. The Knights were seen as a potential dark horse heading into the Big 12, but they've struggled with quarterback issues. Four different players took major snaps in 2024 as the Knights finished only 2-7 in conference play and 4-8 overall. The record was the worst at UCF since 0-12 in George O'Leary's final season in 2015. CBS Sports will update this breaking news story as more information becomes available.NoneSalzburg Defender: We Must Brave the Match Against Paris, While Ensuring Strong Defense
Ousted Syrian leader Assad flees to Moscow after fall of Damascus, Russian state media say