South Korean stocks sank Wednesday while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before reversing the decision hours later.

Asian markets are mostly lower after overnight political drama in South Korea added to regional uncertainties.

By Ankur Banerjee SINGAPORE (Reuters) -Asian equities stumbled on Wednesday as traders contended with the political storm in South Korea, where martial law was imposed and subsequently lifted hours later,

South Koreans expressed anger and confusion on Wednesday after President Yoon Suk Yeol declared martial law only to lift the order hours later.

South Korean President Yoon Suk Yeol, struggling amid low approval ratings, accused the opposition-held parliament of blocking government actions.

It was a chaotic six hours that saw lawmakers climbing walls in a bid to stop President Yoon’s martial law from taking effect, with police and military troops blocking their way. Here’s how it happened and what the path to impeachment might look like.