South Korea sets snap presidential election for June 3, drawing out contenders

South Korea sets snap presidential election for June 3, drawing out contenders


Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024.

Bloomberg | Bloomberg | Getty Images

Leading contenders began to throw their hats in the ring on Tuesday as South Korea officially set June 3 for a snap presidential election triggered by last week’s removal from office of impeached leader Yoon Suk Yeol.

The power vacuum at the top of government has impeded Seoul’s efforts to negotiate with the administration of U.S. President Donald Trump at a time of spiraling U.S. tariffs and slowing growth in Asia’s fourth-largest economy.

Yoon was removed on Friday over his short-lived declaration of martial law in December that plunged the key U.S. ally into crisis, triggering a new election that could reshape its foreign and domestic policy.

“The government intends to designate June 3 as the 21st presidential election day,” Acting President Han Duck-soo told a cabinet meeting, citing factors such as the time political parties need to prepare for the event.

Yoon’s labor minister Kim Moon-soo is among a handful of hopefuls who have signaled their intention to run, resigning his post on Tuesday and saying he would launch his campaign.

While not officially a member of Yoon’s People Power Party at the moment, Kim has been polling better than other conservative contenders.

“I tendered my resignation and decided to run because the people want it, people I know want it, and I feel a sense of responsibility to solve national difficulties,” Kim told reporters.

Economic conditions during a “severe national crisis” are hurting people’s livelihoods, he said.

“I thought that all politicians and people should unite to overcome the crisis and work together to help the country develop further,” Kim said.

Ahn Cheol-soo, a PPP lawmaker who was its first to vote for Yoon’s impeachment, also declared his intention to run on Tuesday, saying he was a “cleaner candidate than anyone else”.

He also vowed to secure new economic growth engines including artificial intelligence, to counter Trump’s trade policies.

Ahn fought the last three presidential elections, winning more than 21% of the popular vote in 2017, but dropping out and endorsing other candidates in the other two. He is not polling high enough to be included in most recent surveys.

Economy will be 'a big part' of the next South Korean presidential election: CSIS' Victor Cha

Kim and Ahn will join a wide open field of conservative candidates trying to overcome their party’s second impeachment in as many presidencies.

Conservative Park Geun-hye was impeached, removed from office, and imprisoned in 2017 over a corruption scandal.

Lee Jae-myung, the populist leader of the liberal Democratic Party who lost to Yoon by a razor-thin margin in 2022, is a clear front-runner, but faces legal challenges of his own.

These include multiple trials for charges such as violating the election law and bribery.

Nevertheless, he is expected to step down as DP leader and declare his candidacy as soon as this week.

A Gallup poll published on Friday showed 34% of respondents supported Lee as the next leader, while 9% backed Kim, 5% opted for former PPP leader Han Dong-hoon, 4% chose Daegu mayor Hong Joon-pyo, and 2% plumped for Seoul mayor Oh Se-hoon.

Yoon was removed by the Constitutional Court for violating his official duty by issuing a martial law decree on December 3 and mobilizing troops in a bid to halt parliamentary proceedings.

The law requires a new presidential election to be held within 60 days if the position becomes vacant.

Yoon still faces criminal insurrection charges, with arguments in his trial to begin on April 14.

South Korea has faced months of political turmoil since Yoon stunned the country by declaring martial law, triggering his impeachment by parliament and the impeachment of acting leader Han.

Han’s impeachment was later overturned by the Constitutional Court and he will stay in the role of acting president until the election.



Source

Here’s how much athletes at the 2026 Winter Olympics get for winning medals
World

Here’s how much athletes at the 2026 Winter Olympics get for winning medals

Milano Cortina 2026 Winter Olympics – Preview – Livigno, Italy – February 2, 2026 General view of the Olympic rings ahead of the Milano Cortina 2026 Winter Olympics. Marko Djurica | Reuters For athletes at the ongoing 2026 Milano-Cortina Winter Olympics, a podium finish can mean more than glory and a medal. In some countries, […]

Read More
Japan’s economy avoids technical recession, but fourth-quarter rebound misses expectations
World

Japan’s economy avoids technical recession, but fourth-quarter rebound misses expectations

Pedestrians stand in front of an electronic quotation board displaying the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on Feb. 3, 2026. Kazuhiro Nogi | Afp | Getty Images Japan’s economy grew 0.1% in the fourth quarter of 2025 compared with the previous three months, narrowly avoiding a technical […]

Read More
Australia’s Qube Holdings’ shares jump to record high on Macquarie-led .3 billion takeover deal
World

Australia’s Qube Holdings’ shares jump to record high on Macquarie-led $8.3 billion takeover deal

The Macquarie Group Ltd. logo is displayed on the facade of the Macquarie Group Building in Sydney, Australia, on Friday, April 27, 2012. Ian Waldie | Bloomberg via Getty Images Shares of Australia’s Qube Holdings jumped to a record high Monday after the ports and logistics company agreed to be taken over by a consortium […]

Read More