A political crisis in South Korea sparks jitters in the markets.

Good morning. This is the Marketplace Morning Report, and we're live from the BBC World Service.

I'm Leanna Byrne. South Korea is going through some political chaos.

The president's attempt to impose martial law backfired, and that's set to cause for his impeachment.

The turmoil rattled financial

markets in Asia's fourth largest economy. And the BBC's Mariko OI has been keeping an eye on them for us.

Hello, Mariko. Hello. So how did South Korean markets and generally Asian markets react

to this political developments? Well, as you can imagine, if you were looking at some major

South Korean companies like Sampson that are listed in the United States, their shares were down

quite significantly when that martial law order was declared by President Yehan last night.

But then this morning, because he has withdrawn it only a couple of hours later,

shares were doing slightly better. So today they ended the day down about 1.5 percent. And the

South Korean currency, the one, which also fell sharply shortly after that declaration,

it's also recovered some overnight losses.

And that's partly because the South Korean government has basically said all markets will

operate as usual and they will inject, and I quote, unlimited liquidity, basically cash

into any markets until they are fully normalized.

The country's central bank also held an emergency meeting and said that they are ready

to support the financial markets.

So as a result, the actual impact on the financial markets wasn't as bad as some had feared,

but just watching some of the market commentators on our program earlier this morning, they got very emotional because this is something that no one really expected.

So in terms of the surprise factor and also the impact on South Korean residents emotionally. It was very significant. But in

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