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The country reacted in anger and shock after President Yoon Suk Yeol abruptly called for martial law Tuesday night, only to backtrack hours later.
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South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.
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The president's short-lived declaration of a military emergency late Tuesday was young South Koreans' first exposure to a state of affairs their elders remember well.
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Lawmakers in the South Korean National Assembly voted to overturn President Yoon Suk Yeol's martial law decree.
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South Korea's won on Tuesday cut losses after the country's parliament swiftly passed a resolution to demand the lifting of martial law.
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South Korea's President Yoon Suk Yeol declared martial law on the country and revoked it within a few hours nafter national outcry. NBC News' Gadi Schwartz has more on the timeline and events that led to the change.
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The president of South Korea's declaration of martial law caught Washington by surprise.
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A failed attempt to declare martial law and a killer nurse being investigated over baby deaths feature in the headlines.
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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.
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President Yoon Suk Yeol has been locked in a bitter fight with the opposition, which controls Parliament.
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