Kim Hong-Ji/Reuters Fallout from South Korea’s brief stint under martial law is mounting. Authorities tried to raid the office of President Yoon Suk Yeol and vowed to detain him, while the already imprisoned former defense minister attempted suicide, officials said. The turmoil has spooked investors and amplified calls for Seoul to overhaul its corporate governance system, which gives a handful of family-run conglomerates an “unfettered ability to buy, sell, split, and merge subsidiaries,” Bloomberg reported. Changing those rules, analysts say, would reduce volatility and boost foreign investment. North Korea, meanwhile, broke its silence on the situation in the South, with state media accusing Yoon of running a “fascist dictatorship.” |