South Korean officials seek stability as Joe Biden says alliance ‘linchpin for peace’

Lee Jae-myung, the opposition leader, offers to work with the government of Han Duck-soo, the acting president after impeachment of Yoon Suk Yeol

South Korea’s opposition leader, Lee Jae-myung, has offered to work with the government to ease political tumult as officials sought to reassure allies and markets – a day after the opposition-controlled parliament voted to impeach the conservative president, Yoon Suk Yeol, over a short-lived attempt to impose martial law.

South Korea’s central bank vowed on Sunday vowed to keep markets stable, while the South Korean financial regulator said it would expand market-stabilising funds if necessary.