U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%.

Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.

South Korean President Yoon Suk Yeol has been detained after a massive law enforcement operation at the presidential compound that ended a weeks-long stand-off between his bodyguards and the country’s anti-corruption agency.

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

Wall Street banks anticipate golden age under Trump amid strong profits and optimism Major financial institutions post record profits as expectations for growth rise amidst political change

The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.7% higher.

Tears, dismayed cries and shocked faces: that was the reaction among the supporters of South Korea's suspended president Yoon Suk Yeol outside his home on hearing that he had been arrested. It was a moment that had been in the making for weeks - ever since the last attempt to arrest Yoon on 3 January had failed after a dramatic standoff.

South Korea's anti-corruption agency detains impeached President Yoon Suk Yeol over his brief declaration of martial law.

Yoon Suk-yeol, South Korea's impeached president, plans to attend a court hearing to fight a request by investigators to extend his detention on accusations of

Most Asian markets rose Monday following a rally on Wall Street and record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping that soothed worries about the incoming US leader's second term.

A federal government website promoting abortion has been taken down following the inauguration of President Donald Trump.

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as