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Market Impact: 0.15

South Korean Cabinet Revamp Fails to Stem Slide in Lee Support

Source: Bloomberg

Elections & Domestic Politics

South Korean President Lee Jae Myung’s approval rating fell to a fresh record low, indicating his surprise cabinet reshuffle has not yet improved public sentiment. While the news is primarily political, it signals near-term governance/credibility risk that could weigh on local risk appetite.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

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