The ruling Democratic Party’s near-certainty in the 2026 South Korean local elections reflects President Lee Jae-myung’s approval ratings above 60 percent and the party’s control of both the presidency and National Assembly after the prior conservative administration’s removal. Exit polls and early results from the June 3 vote project the Democratic Party capturing 11–12 of the 16 metropolitan mayoral and gubernatorial races, capitalizing on opposition disarray following the 2024 martial law episode. Traders assign negligible probability to smaller parties, consistent with historical midterm-style patterns where the president’s party consolidates local power. Final certified tallies or any procedural disputes in close contests could still shift the precise seat distribution, though the scale of the projected margin limits realistic pathways for alternatives.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoDemocratic Party secures majority of local government wins as final results confirm landslide
Democratic Party of Korea (DP) rises to 100%1%
Official results confirmed the Democratic Party's landslide victory, winning 13 of 16 key local government races and dominating parliamentary by-elections, solidifying their market position at near certainty for overall victory.
High voter turnout reported in South Korea local elections
Democratic Party of Korea (DP) rises to 99%1%
The National Election Commission reported a voter turnout of 48.9% by 2 p.m. on election day, significantly higher than previous local elections. This high turnout reflected strong public engagement and likely benefited the ruling Democratic Party, reinforcing market confidence in their electoral success.
Exit polls project landslide win for Democratic Party in local elections
Democratic Party of Korea (DP) rises to 99%1%
Exit polls from major broadcasters on election day projected the Democratic Party of Korea to win 11 of the 16 metropolitan mayoral and provincial governor races, with the People Power Party leading in only one and several close races. This confirmed market expectations of a DP landslide victory and led to the DP price reaching near certainty.
South Koreans vote in local elections seen as a gauge of support for President Lee's government
On election day, voting proceeded with high turnout and widespread expectations that the Democratic Party would win the majority of local government posts, reflecting President Lee Jae-myung's strong approval and the opposition's weakened state, which was mirrored in the market's near-certain pricing of DP victory.
People Power Party incumbent wins Seoul mayoralty narrowly despite DP landslide
People Power Party (PPP) dips to 0%3%
Despite the Democratic Party's overall landslide, the People Power Party's incumbent Mayor Oh Se-hoon narrowly won re-election in Seoul, the country's most politically significant city, limiting the DP's complete dominance and affecting market pricing for the PPP.
Exit polls suggest landslide win by South Korea's ruling liberal party in local elections
Democratic Party of Korea (DP) rises to 100%2%
Exit polls released on election day projected a landslide victory for the ruling Democratic Party of Korea, showing them leading in 11 of 16 mayoral and gubernatorial races. This indicated strong public support for President Lee’s administration and boosted market confidence in the DP's prospects.
South Korean ruling Democratic Party sweeps most seats but faces losing Seoul mayoralty
People Power Party (PPP) dips to 1%1%
Early vote counts showed the Democratic Party sweeping most local government seats but facing a narrow loss in the Seoul mayoral race to the People Power Party incumbent. This tempered the DP's claim of a decisive mandate despite their overall strong performance.
Exit polls project landslide victory for Democratic Party in local elections
Democratic Party of Korea (DP) rises to 99%1%
Exit polls conducted by major broadcasters projected the Democratic Party to win 11 of 16 key metropolitan mayoral and provincial governor races, signaling a strong electoral performance and boosting market confidence in the DP's victory.
South Koreans vote in local elections seen as a gauge of support after President Lee’s first year
On June 2, South Koreans began voting in local elections widely viewed as a referendum on President Lee Jae Myung’s first year in office. The elections were expected to test the strength of the ruling Democratic Party and the opposition People Power Party, influencing market perceptions ahead of the vote.
South Koreans begin voting in local elections seen as a test for President Lee's government
Voting started on June 2 for mayoral and local government positions, with opinion surveys suggesting the Democratic Party would win more races than the opposition PPP. This event marked the final phase before election results, solidifying market confidence in the DP's victory.
Final campaigns highlight fierce competition in Seoul mayoral race and other key contests
Democratic Party of Korea (DP) rises to 99%1%
In the final days before the election, the Seoul mayoral race between DP candidate Chong Won-o and PPP incumbent Oh Se-hoon was intensely contested, with polls showing a lead for Chong. This race was seen as pivotal, and the DP's strong position here reinforced market confidence in their overall victory.
Rival parties focus on battleground regions in last-minute campaigns
On the last weekend before the elections, both the Democratic Party and People Power Party intensified campaigns in key battlegrounds like Seoul. The DP leveraged President Lee Jae Myung's high approval ratings to urge voters to support their candidates, reinforcing market confidence in a DP victory.
People Power Party files complaint against President Lee over alleged election law violation
Democratic Party of Korea (DP) dips to 97%2%
The PPP filed a complaint alleging President Lee violated election law by exposing his ballot during early voting. The Democratic Party dismissed the claim, and the election committee found no legal violations. This controversy briefly affected market sentiment but did not significantly alter the DP's dominant position.
Polls show tight race for Seoul mayor with Democratic Party candidate leading
Democratic Party of Korea (DP) rises to 99%1%
A Hankook Research poll released on May 30 showed Democratic Party candidate Chong Won-o leading incumbent PPP mayor Oh Se-hoon in Seoul. This reinforced market confidence in the DP's ability to secure key local government positions, supporting the DP's high market price.
Democratic Party projects victories in nine mayoral and gubernatorial races
Democratic Party of Korea (DP) rises to 99%1%
On May 30, the Democratic Party projected wins in nine key mayoral and gubernatorial races, including Seoul and Busan, reinforcing market expectations of a DP victory and contributing to the near-certain market pricing for DP.
Record-high early voting turnout ends for June 3 local elections
Democratic Party of Korea (DP) rises to 98%3%
Early voting turnout reached a record 23.51%, with strong participation in liberal strongholds, indicating robust support for the Democratic Party. This high turnout reinforced market confidence in the DP's likely success in the elections.
Early voting starts for June 3 local elections amid high turnout expectations
Democratic Party of Korea (DP) rises to 99%3%
Early voting began on May 29 with strong voter turnout anticipated, reinforcing market confidence in the Democratic Party's lead. Polls showed DP candidates leading in key races, such as Seoul mayor, which supported the DP's market price near certainty.
Early voting begins for South Korea local elections with record turnout
Early voting started on May 29, with over 6.86 million voters casting ballots early, reflecting high public engagement. While this event was important for election dynamics, it did not significantly alter market prices as the Democratic Party was already strongly favored to win.
Record high early voting turnout signals strong voter engagement for local elections
Democratic Party of Korea (DP) rises to 98%3%
Early voting turnout reached a record 23.51%, with particularly high participation in key regions, indicating strong voter engagement and likely benefiting the Democratic Party given their polling leads, which supported the market's high confidence in DP's victory.
Early voting begins for South Korean local elections
Early voting started on May 29, marking a critical moment for voter turnout efforts. While this event is important for election dynamics, it did not cause significant market price movement as the Democratic Party was already strongly favored.
Early voting begins for June 3 local elections with high voter turnout expected
Democratic Party of Korea (DP) rises to 99%1%
Early voting started on May 29, with high voter turnout anticipated. This development solidified market expectations of a Democratic Party victory, as voters began casting ballots in key metropolitan and provincial races.
Early voting begins with high turnout and close races in key mayoral contests
Early voting started on May 29 with strong turnout and competitive races, especially in Seoul where Democratic candidate Chong Won-o led incumbent PPP mayor Oh Se-hoon in polls. This sustained market confidence in the DP's chances despite some tightening.
Record early voting turnout begins for June 3 local elections
Early voting started with record turnout rates, signaling strong voter engagement. While important for election dynamics, this event did not cause significant market price movement as the Democratic Party was already strongly favored.
South Korea begins two-day early voting for June 3 local elections amid high voter turnout
Early voting started on May 29 with strong voter participation, seen as a critical moment for both major parties to mobilize support. The DP's strong ground game and public support during early voting reinforced market confidence in their likely victory, while PPP's chances remained limited.
President Lee Jae-myung campaigns intensively in Busan ahead of mayoral election
Democratic Party of Korea (DP) rises to 99%3%
On May 29, President Lee Jae-myung's two-day visit to Busan for a livelihood-focused tour, followed by former President Park Geun-hye's PPP rally, highlighted the high stakes of the Busan mayoral race, a key battleground influencing market confidence in DP's prospects.
Early voting kicks off with record turnout ahead of local elections
People Power Party (PPP) dips to 1%3%
The Korea Herald reported the start of two‑day early voting, noting a record‑high turnout (23.5 %). The high early‑vote participation was interpreted by the ruling DP as a referendum on President Lee, while the PPP framed it as anger at the DP. The market reacted with a brief swing in PPP odds upward (to 4 % on May 24) before settling back at 1 % by June 2.
Democratic Party projects victories in nine mayoral and gubernatorial races ahead of early voting
Democratic Party of Korea (DP) rises to 98%2%
On the eve of early voting, the Democratic Party projected wins in nine key mayoral and gubernatorial races across South Korea, including major cities and provinces, reinforcing market confidence in their strong performance in the upcoming elections.
Democratic Party candidate Choo Mi-ae leads Gyeonggi governor race by wide margin
Democratic Party of Korea (DP) rises to 98%3%
A new opinion poll showed Choo Mi-ae of the Democratic Party holding a commanding lead over the People Power Party candidate in Gyeonggi Province, reinforcing market confidence in the DP's strong performance in key provincial races.
Democratic Party leads in Gyeonggi local races with tight battles emerging
Democratic Party of Korea (DP) rises to 99%1%
With one week to go before the June 3 local elections, the Democratic Party led in about 20 of Gyeonggi's 31 municipal head races, signaling strong regional support. This bolstered market confidence in the DP's prospects, contributing to the high price for the DP outcome.
Democrats lead Gyeonggi local races as election nears, tight battles in Yongin, Seongnam
By May 27, polls showed the Democratic Party holding steady leads in around 20 of 31 cities and counties in Gyeonggi Province, reinforcing market confidence in DP's broad regional strength ahead of the elections.
Polls show Democratic Party leads in Gyeonggi local races with tight battles emerging
Opinion polls in Gyeonggi Province showed Democratic Party candidates holding steady leads in most races, benefiting from the ruling party premium. The People Power Party showed some resilience in conservative areas, but overall the DP's advantage was clear, consistent with market pricing.
Poll shows Democratic Party's Choo Mi-ae leads PPP's Yang Hyang-ja 54% to 27% in Gyeonggi governor race
A poll released on May 27 showed a commanding lead for the Democratic Party candidate in the important Gyeonggi Province governor race, reinforcing market confidence in the DP's dominance in key local contests and limiting PPP's chances.
Poll shows Democratic Party's Choo Mi-ae leads Gyeonggi governor race by wide margin
Democratic Party of Korea (DP) dips to 95%1%
A poll showed Democratic Party candidate Choo Mi-ae leading the Gyeonggi Province governor race by a significant margin over the People Power Party candidate, reinforcing market expectations of Democratic Party dominance in key provincial contests.
Polls show narrowing gap in key local races, tightening competition
People Power Party (PPP) rises to 4%2%
Polls in Gangwon and North Chungcheong provinces showed the Democratic Party's lead shrinking and races becoming tight within the margin of error, indicating increased competition and some market volatility for the PPP outcome.
Poll shows ruling party lead shrinking in local election race
Democratic Party of Korea (DP) dips to 96%2%
A Realmeter poll released on May 26 showed the ruling Democratic Party's lead shrinking in some regions, indicating tightening races. This caused a brief dip in the DP's market price but did not significantly alter the overall expectation of their victory.
Democratic Party's lead shrinks in some regions as local races tighten
Polls showed the Democratic Party's lead narrowing from 15 to 5 regions, with some areas turning into tight races, reflecting a slight market uncertainty and minor price fluctuations but not enough to overturn DP's dominant position.
Democratic Party leadership rallies support in key provinces amid tight races
Democratic Party of Korea (DP) rises to 99%2%
The Democratic Party's leader held rallies in traditional strongholds like North Jeolla to mobilize voter support, while the People Power Party also campaigned intensively in conservative areas like Daegu. Despite some tightening in polls, the DP maintained leads, supporting the market's strong confidence in their victory.
Police launch probe into Democratic candidate Kim Yong-nam over proxy lending allegations
Democratic Party of Korea (DP) jumps to 95%5%
Following allegations against Kim Yong-nam, police initiated an investigation on May 24, which helped the Democratic Party to push back against negative campaigning and regain some market confidence, reflected in a price recovery.
Democratic Party leadership campaigns in Honam amid challenges from Cho Kuk Innovation Party
Democratic Party of Korea (DP) rises to 96%2%
The DP leadership intensified campaigning in the Honam region due to strong polling by Cho Kuk Innovation Party candidates and independents, highlighting the DP's efforts to defend traditional strongholds and maintain electoral dominance.
Starbucks Korea under fire as marketing blunder spills into politics ahead of local elections
Democratic Party of Korea (DP) dips to 98%1%
Starbucks Korea faced a political and social controversy just before the June 3 local elections, leading the company to pull its marketing campaign and Shinsegae Group to sack its CEO for 'inappropriate marketing'.
PPP initiates Daegu mayoral purge excluding veteran candidates
People Power Party (PPP) rises to 3%2%
The People Power Party nomination committee excluded veteran Daegu mayoral candidates Joo Ho-young and Lee Jin-sook, risking a split conservative vote that could benefit the Democratic Party.
Ruling Democratic Party's lead narrows as conservative voters regroup
Democratic Party of Korea (DP) dips to 95%3%
Recent polls showed the Democratic Party's lead narrowing, especially in Seoul, due to conservative voter consolidation and backlash over the special counsel bill, causing some market price volatility but maintaining DP dominance.
Rivals accuse Democratic candidate Kim Yong-nam of lending scandal in Pyeongtaek by-election
Democratic Party of Korea (DP) drops to 90%9%
On May 23, the People Power Party and Rebuilding Korea Party accused Democratic candidate Kim Yong-nam of operating a lending business under another person's name, threatening to void his election. This negative campaigning caused a temporary dip in confidence for the Democratic Party but was later countered by the party's pushback and police investigation.
Poll shows DP candidate pulling ahead in Seoul mayoral race
People Power Party (PPP) dips to 1%1%
A Hankook Research poll released by Yonhap showed the DP candidate Chong Won‑o leading the Seoul mayoral race 42 % to 36 % over incumbent PPP mayor Oh Se‑hoon. The widening DP lead prompted a modest pull‑back of the PPP price to its floor (1 % on May 20) while DP stayed around 98‑99 %.
Starbucks Korea marketing campaign sparks political backlash ahead of local elections
Starbucks Korea faced a major political and social controversy over a marketing campaign linked to the May 18 Gwangju Democratic Uprising, leading to government boycotts and police investigations. This controversy heightened political tensions and reflected negatively on the conservative PPP, which was associated with the backlash, thereby strengthening the Democratic Party's position.
Poll shows neck-and-neck race for Seoul mayor between DP and PPP candidates
A poll indicated a tight race for Seoul mayor between Democratic Party candidate Jung Won-oh and People Power Party incumbent Oh Se-hoon, reflecting some narrowing of the gap but still favoring the DP overall. This close contest highlighted the PPP's challenges but did not significantly alter the market's strong confidence in the DP's overall victory.
Two key candidates in tight race for Seoul mayor ahead of local elections
Democratic Party of Korea (DP) rises to 99%1%
With just weeks before the June 3 local elections, Jung Won-oh of the ruling Democratic Party (DP) and Oh Se-hoon of the main opposition People Power Party (PPP) appeared to be in a neck-and-neck race for Seoul mayor, with both candidates receiving 41.7% support in a Seoul resident poll.
Starbucks Korea faces political backlash over 'Tank Day' promotion ahead of local elections
Democratic Party of Korea (DP) rises to 99%1%
Starbucks Korea's marketing campaign tied to the May 18 Gwangju Uprising sparked accusations of mocking South Korea's democratic trauma, leading to police investigations, boycott calls, and government sanctions from multiple ministries.
Official local election campaigns kick off amid high public attention
The official campaign period began with thousands of candidates rallying for support, including high-profile races such as the Seoul mayoral contest. The campaign's start reinforced the Democratic Party's strong position as reflected in approval ratings and polling, sustaining market confidence in their lead.
Democrats lead in 25 Seoul district chief races, Seoul mayoral race tightens
Democratic Party of Korea (DP) rises to 99%1%
Reports indicated the Democratic Party leading in most Seoul district chief races, while the Seoul mayoral race remained very close within the margin of error. This reinforced the DP's strong position in Seoul, supporting their market price.
Seoul mayoral race tightens as Democratic candidate Chong edges PPP's Oh within margin of error
Democratic Party of Korea (DP) dips to 98%1%
A poll released on May 21 showed Democratic Party candidate Chong Won-o and People Power Party candidate Oh Se-hoon in a neck-and-neck race for Seoul mayor, with support at 43.0% and 42.6% respectively. This tightening indicated increased competition but did not significantly reduce confidence in the Democratic Party's overall election prospects.
Democratic Party leads in most Seoul district chief races ahead of local elections
Democratic Party of Korea (DP) rises to 99%1%
Polls and reports indicated the Democratic Party of Korea was leading in about 20 of Seoul's 25 district chief races, signaling strong organizational strength and voter support in the capital, which bolstered market confidence in the DP's overall election prospects.
Official campaigning begins for June 3 local elections
The official 13-day campaign period started on May 21, with both major parties launching all-out efforts. This marked a key phase in the election cycle, with polls showing a tight race in some mayoral contests but overall DP dominance, influencing market prices.
Official campaign period begins for June 3 local elections
The official campaign period started with candidates from major parties actively campaigning, including the Democratic Party and People Power Party, marking a critical phase in voter engagement ahead of early voting.
Official campaigning for June 3 local elections begins amid party rifts and strategic moves
Democratic Party of Korea (DP) rises to 99%1%
Campaigning officially started on May 21, with the Democratic Party announcing three candidates for Seoul mayor, signaling party unity and strategic focus. The PPP faced internal challenges and lacked strong candidates in the greater Seoul area, reinforcing market confidence in the DP's electoral prospects.
Democrats lead in Seoul district chief races, PPP defends Gangnam district
Polls showed the Democratic Party leading in most Seoul district chief races, while the PPP held onto Gangnam district. This indicated a mixed but generally favorable outlook for the DP in Seoul local races, reinforcing market confidence in DP's overall lead.
Democratic Party leads in 25 Seoul district chief races, indicating strong local support
Democratic Party of Korea (DP) rises to 98%1%
Reports of the Democratic Party leading in most of Seoul's district chief races demonstrated strong local organizational strength and voter support, bolstering market confidence in the party's overall performance in the local elections.
Official campaigning begins for local elections across South Korea
The official campaign period started on May 21, allowing candidates to conduct rallies and distribute materials. This marked the final phase of the election campaign, solidifying voter mobilization efforts but causing no major market price changes as expectations were already set.
Official campaigning begins for South Korean local elections
The official start of the campaign period on May 21 marked increased political activity and public engagement ahead of the June 3 elections. This event solidified the electoral contest and contributed to market focus on the ruling Democratic Party's strong position.
Official campaign begins for June 3 local elections with over 7,800 candidates
Democratic Party of Korea (DP) rises to 99%1%
The official start of the election campaign on May 21 saw the Democratic Party intensify efforts, with party chairman Jung Chung-rae actively campaigning for key candidates like Seoul mayoral hopeful Chong Won-o. This energized the DP's base and maintained market confidence in their electoral success.
People Power Party retains dominance in northern Gyeonggi local government posts
Reports on May 20 highlighted the People Power Party's historical strength in northern Gyeonggi local government posts, winning 7 of 8 basic-level chief posts in the area in previous elections. This reinforced the expectation of PPP's hold in certain regions but did not shift the overall market confidence in the Democratic Party's broader lead.
Reports highlight People Power Party's historical strength in northern Gyeonggi but Democratic Party leads in Seoul district races
Democratic Party of Korea (DP) rises to 99%1%
On May 20, reports emphasized the PPP's past success in northern Gyeonggi local posts, yet the Democratic Party was leading in most of Seoul's 25 district chief races, expecting to win about 20 districts. This reinforced market confidence in the DP's dominance and contributed to the DP price rising to 99% and PPP falling to 1%.
Rival parties gear up for official local election campaigns starting May 21
Democratic Party of Korea (DP) rises to 99%1%
On the eve of the official campaign period, both the ruling Democratic Party and opposition People Power Party prepared for a 13-day nationwide campaign, with the DP emphasizing normalization of the country and rooting out insurrectionist forces. This set the tone for the election and reinforced the DP's strong position in the market.
Democratic Party candidates lead mayoral races in Seoul, Busan, and Daegu
Democratic Party of Korea (DP) rises to 99%1%
Polls showed Democratic Party candidates leading in major mayoral races, reinforcing market confidence in the DP's dominance despite narrowing gaps with PPP rivals.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 99%1%
The Constitutional Court removed the impeached police chief for supporting former President Yoon’s brief martial law imposition, underscoring the judiciary's alignment with the current Democratic Party-led government. This event further diminished the conservative opposition's standing, reinforcing market confidence in the Democratic Party's dominance in the upcoming elections.
Democratic candidates lead mayoral races in Seoul, Busan, Daegu
Democratic Party of Korea (DP) dips to 95%1%
An MBC poll showed Democratic Party candidates leading in major cities including Seoul, though gaps with People Power Party rivals had narrowed, reflecting a tightening race ahead of the elections.
513 uncontested candidates elected ahead of June 3 local elections, including 3 DP local government heads
Democratic Party of Korea (DP) rises to 97%1%
Ahead of the June 3 elections, 513 candidates were elected without a vote due to uncontested races, including three local government heads from the Democratic Party. This uncontested success reinforced the DP's dominant position and likely contributed to the market's sustained high confidence in the party's overall victory.
Lee's Approval Rating Hits 61%, Democratic Party at 45%, People Power 23%
Democratic Party of Korea (DP) rises to 98%2%
A Gallup Korea poll showed President Lee's approval at 61%, DP at 45%, and PPP at 23%, providing national polling context that supports DP pricing.
Gap narrows between ruling, main opposition parties ahead of local elections: poll
Democratic Party of Korea (DP) rises to 98%1%
A KSOI poll showed the gap between DP and PPP approval ratings continuing to narrow, with Seoul mayoral candidates Chong Won-o and Oh Se-hoon locked in a tight race.
People Power Party fails to field candidate in Sihung mayoral race, securing uncontested win for Democratic Party
The PPP's failure to nominate a candidate in the Sihung mayoral race virtually guaranteed an uncontested victory for the incumbent Democratic Party mayor, signaling organizational weaknesses within the PPP ahead of the local elections. This event contributed to the DP's strong position in the market.
Gap narrows between ruling DP and main opposition PPP ahead of local elections: poll shows even split in Seoul mayoral race
A poll showed 40% of Seoul respondents favoring DP candidates and 40% favoring PPP candidates, indicating a tight race that could have slightly boosted PPP's market position.
Poll shows narrowing gap between ruling Democratic Party and opposition People Power Party
A poll revealed that while the Democratic Party maintained a considerable lead over the People Power Party, the gap in approval ratings was narrowing ahead of the local elections. Despite this, the DP's strong position remained intact, supporting the market's high valuation of their chances to win the majority of local government seats.
PPP fails to field candidate in Sihung mayoral race, securing uncontested DP victory
Democratic Party of Korea (DP) rises to 99%1%
The People Power Party failed to find a candidate for the Sihung mayoral race, virtually guaranteeing an uncontested win for the Democratic Party's incumbent Mayor Lim Byung-taek. This event reinforced market confidence in the DP's dominance in local races.
Polls show narrowing gap but DP maintains strong lead ahead of local elections
Polls in mid-May indicated the Democratic Party's lead over the People Power Party narrowed slightly but remained substantial, with the DP favored in key regions including Seoul. This polling data supported the market's high confidence in the DP's eventual victory in the local elections.
Poll shows narrowing gap between Democratic Party and People Power Party in Seoul mayoral race
People Power Party (PPP) rises to 2%1%
A May 15 poll by the Korea Society Opinion Institute showed the Democratic Party candidate Chong Won-o leading PPP's Oh Se-hoon by a reduced margin (44.9% to 39.8%) in Seoul, indicating a tightening race. This contributed to a slight recovery in PPP's market price after earlier declines.
Poll shows narrowing gap but Democratic Party maintains wide lead ahead of local elections
Democratic Party of Korea (DP) rises to 99%1%
A Gallup Korea poll indicated that while the gap between the ruling Democratic Party and the opposition People Power Party narrowed slightly, the Democratic Party maintained a substantial lead in approval ratings, supporting market confidence in their electoral prospects.
Candidates register as election campaigns heat up ahead of local elections
Both the Democratic Party and People Power Party completed candidate nominations and registrations by May 15, setting the stage for official campaigning. This formalization of candidates solidified market expectations, with the DP seen as dominant and PPP struggling.
Seoul mayoral race tightens as Democratic lead narrows to margin of error
Polls showed the Seoul mayoral race between DP candidate Chong Won-o and PPP incumbent Oh Se-hoon tightening significantly, with Chong's lead shrinking to within the margin of error. This indicated a more competitive race but did not substantially alter the market's strong confidence in the DP overall.
Candidate registrations close as election campaigns officially begin
Both major parties completed candidate registrations by May 15, with official campaigns launching on May 14. The Democratic Party's broad candidate slate and campaign organization reinforced market confidence in their electoral success.
Local election campaigns officially launch amid tight races in key regions
Democratic Party of Korea (DP) rises to 98%1%
The Democratic Party and People Power Party officially began their campaigns with candidate registrations completed, highlighting tight races in major cities like Seoul and Daegu. Polls showed the DP maintaining a strong lead nationally, reinforcing market confidence in their likely electoral success, while the PPP struggled to gain ground.
Poll shows Chong Won-o leads Oh Se-hoon by 8 points in Seoul mayoral race
Democratic Party of Korea (DP) dips to 95%1%
A Gallup Korea poll showed Democratic candidate Chong Won-o leading incumbent Mayor Oh Se-hoon by 8 percentage points, though the margin had narrowed from earlier polls, indicating a competitive race.
Poll shows Democratic Party leads in Seoul mayoral race, PPP narrows gap
A poll conducted from May 9-12 showed the Democratic Party candidate leading the Seoul mayoral race with 46% against the PPP candidate's 38%, narrowing the gap from previous polls. This indicated a tightening race in a key contest, causing slight market attention to PPP's prospects.
Polls show tightening races in Seoul, Busan, and other key local elections
A poll conducted from May 9-12 showed narrowing gaps between Democratic Party and People Power Party candidates in major metropolitan mayoral and gubernatorial races, indicating more competitive contests than previously expected. This contributed to minor fluctuations in market prices but did not significantly alter the overall expectation of a Democratic Party win.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 99%1%
President Lee Jae Myung moved the presidential office back to the traditional Blue House, symbolizing a break from Yoon's legacy and consolidating the Democratic Party's political authority ahead of the local elections.
Tightening races in PPP strongholds dampen Democratic Party's landslide hopes
Democratic Party of Korea (DP) rises to 99%1%
Polls indicated closer contests in traditional PPP bases like Daegu and Jeonbuk, reducing expectations of a DP landslide. This caused minor fluctuations but did not significantly alter the dominant market view favoring DP.
Polls show tightening races but DP maintains lead in key local contests
Democratic Party of Korea (DP) dips to 98%1%
Recent polls indicated closer races in Seoul and other conservative strongholds, slightly reducing DP's margin but not enough to threaten its dominant position. This caused minor price fluctuations but overall confidence in DP remained high.
Poll shows majority of Koreans favor ruling liberal bloc in local elections
Democratic Party of Korea (DP) rises to 98%1%
A poll conducted from May 6-10 showed 53.3% of respondents wanted the ruling liberal bloc, including the Democratic Party of Korea, to win the June 3 local elections, compared to 34.1% favoring the opposition conservative bloc. This indicated strong public support for the DP and helped sustain high market confidence in their victory.
Independent candidate Roh Kwan-kyu leads in Suncheon mayoral race polls
Polls in early May showed independent candidate Roh Kwan-kyu leading over the Democratic Party candidate in Suncheon mayoral race, indicating potential challenges for the Democratic Party in some local races. This development slightly tempered market confidence in DP's complete dominance but did not significantly affect overall market prices.
Polls show tightening races in Seoul, Busan, Daegu, and South Gyeongsang ahead of elections
Democratic Party of Korea (DP) rises to 98%2%
Polls in early May indicated narrowing gaps between Democratic Party and PPP candidates in key metropolitan mayoral and provincial governor races, including Seoul and Busan. Despite this tightening, the DP maintained leads within the margin of error, sustaining market confidence in a DP victory while the PPP remained a distant second.
Former President Yoon sentenced to life for martial‑law insurrection
People Power Party (PPP) drops to 1%8%
Reuters reported that former president Yoon Suk‑yeol was sentenced to life imprisonment for the 2024 martial‑law insurrection. The conviction dramatically damaged the PPP’s image and coincided with the market’s slide for PPP from 9 % to 1 % and DP’s rise to 98 %.
Martial law scandal shadows South Korean local elections, hurting conservative PPP
People Power Party (PPP) dips to 2%1%
Reports highlighted the impact of former President Yoon Suk Yeol's 2024 martial law scandal on the upcoming local elections, casting a shadow over the People Power Party and reinforcing confidence in the Democratic Party's dominance. This contributed to the PPP's price decline in the market.
PPP leader Shin says Han could send clear message to struggling PPP
People Power Party (PPP) dips to 2%1%
PPP leader Shin stated that if Han won, he could send 'a clear new message' to the struggling PPP and weaken the DP's argument that conservatives should be judged as an insurrection-linked force.
Gallup Korea survey shows DP at 64% approval, PPP at 21%
Democratic Party of Korea (DP) rises to 98%1%
A Gallup Korea survey revealed a significant approval rating gap, with President Lee Jae-myung at 64% versus the PPP's 21%, further solidifying the DP's lead in the local elections.
Yoon Suk Yeol sentenced to life in prison for martial law insurrection
People Power Party (PPP) dips to 2%1%
Former President Yoon Suk Yeol was sentenced to life in prison for masterminding an insurrection related to his brief martial law declaration in December 2024, severely damaging the PPP's credibility and approval rating.
Martial‑law scandal looms over South Korean local elections
People Power Party (PPP) dips to 2%1%
Reuters reported that the lingering “martial law scandal” linked to former President Yoon Suk‑yeol was dominating the campaign narrative, damaging the People Power Party’s image and reinforcing Democratic Party dominance. The story coincided with a dip in PPP odds from 3 % to 2 % and a steady DP price near 98 %, indicating market reaction to the scandal’s negative impact on PPP prospects.
Polls show low approval for PPP and strong support for DP and President Lee
Polls in late April and early May showed the People Power Party's approval rating at 21%, compared to the Democratic Party's 46% and President Lee's 64%, reinforcing market confidence in the DP's likely election victory and contributing to the DP's price stability near 98-99%.
Martial law scandal looms over local elections, testing conservative opposition
Democratic Party of Korea (DP) rises to 98%1%
The ongoing fallout from the martial law scandal involving former President Yoon Suk Yeol continued to dominate the political landscape ahead of the June 3 local elections. The scandal weakened the People Power Party's position, while the Democratic Party was poised to consolidate power, reflected in the market's high confidence in the DP's victory.
Local elections overshadowed by former President Yoon Suk Yeol's insurrection case
The ongoing legal troubles and insurrection case of former President Yoon Suk Yeol, leader of the PPP, cast a shadow over the local elections, damaging the PPP's reputation and electoral prospects, thereby strengthening the DP's position in the market.
South Korea heads to local elections under shadow of disgraced former president
People Power Party (PPP) dips to 1%3%
Reuters reported that Yoon Suk‑yeol’s sentencing for the 2024 martial‑law insurrection was broadcast on May 8. The verdict underscored the scandal surrounding the People Power Party, causing a sharp fall in PPP market odds from 4 % on April 23 to 1 % on May 5.
Martial law scandal shadows local elections, weakening People Power Party
Democratic Party of Korea (DP) rises to 98%2%
The ongoing fallout from former President Yoon Suk Yeol's brief martial law declaration in 2024 continued to damage the PPP's public image ahead of the June 3 local elections. Polls showed the PPP's approval rating at 21% versus the DP's 46%, reinforcing market expectations of a DP victory.
Martial law scandal shadows South Korea's local elections, hurting conservative PPP
Democratic Party of Korea (DP) rises to 98%1%
Reuters reported that the 2024 martial law scandal linked to former President Yoon Suk Yeol continues to damage the reputation of the conservative People Power Party (PPP), strengthening the ruling Democratic Party's position ahead of the June 3 local elections. This contributed to the market's strong confidence in the DP's victory and the PPP's low odds.
South Korea heads to local elections under shadow of disgraced former president
Democratic Party of Korea (DP) rises to 99%3%
Reuters noted that nationwide polls ahead of the June 3 local elections gave the ruling Democratic Party a large lead over the opposition, citing a Realmeter survey with the president’s approval at 61.9 % and a sharp gap in voter intent. The article reinforced market expectations of a DP win, pushing DP’s probability from the mid‑90s to a high‑99 % range.
South Korea local elections approach amid low PPP approval and DP strength
Democratic Party of Korea (DP) rises to 98%1%
Polls showed the PPP's approval rating at 21% versus the DP's 46%, with President Lee's approval at 64%, reflecting strong public support for the ruling party ahead of the elections. The PPP faced challenges including internal divisions and the shadow of former President Yoon's controversies, reinforcing market confidence in a DP victory.
Early vote counts show Democratic Party sweeping majority but losing Seoul mayoralty
Democratic Party of Korea (DP) rises to 98%1%
Early results indicated the Democratic Party winning most local government seats, reinforcing market confidence in DP's dominance, while the People Power Party appeared set to retain the crucial Seoul mayoralty despite controversies, explaining PPP's slight price decline.
South Korea heads to local elections under shadow of disgraced former president
A Reuters article confirmed the political climate ahead of the June 3 elections, noting the PPP's approval rating stood at 21% in April versus the DP's 46%, and that the PPP was unlikely to hold onto its 12 local government seats.
Reports highlight impact of former President Yoon Suk Yeol's martial law scandal on PPP
Democratic Party of Korea (DP) rises to 98%2%
Multiple reports emphasized the negative impact of Yoon Suk Yeol's martial law scandal on the PPP's credibility and approval ratings, reinforcing market confidence in the Democratic Party and contributing to a decline in PPP's market price.
President Lee Jae Myung's approval rating falls to 67% after record high of 69%
Democratic Party of Korea (DP) rises to 98%2%
A National Barometer Survey showed President Lee's approval rating dropped to 67%, down from 69% in previous polls, while the ruling Democratic Party (DP) maintained a 28-point lead over the opposition People Power Party (PPP) in approval ratings.
Local elections overshadowed by former president Yoon Suk Yeol's insurrection trial
Democratic Party of Korea (DP) rises to 98%1%
The ongoing trial of former president Yoon Suk Yeol for his 2024 martial law declaration cast a shadow over the elections, damaging the PPP's standing. Polls showed PPP approval at 21% versus DP's 46%, reinforcing market confidence in DP's dominance.
Martial law scandal of former President Yoon looms over local elections
Democratic Party of Korea (DP) rises to 99%2%
On May 7-8, multiple reports highlighted how the scandal and life sentence of former President Yoon Suk Yeol for insurrection cast a shadow over the local elections, damaging the PPP's standing and boosting the DP's prospects. This political context solidified market confidence in a DP victory.
Constitutional Court removes police chief over martial law involvement
The removal of the police chief for his role in the martial law declaration further discredited the conservative administration's legacy, bolstering the Democratic Party's electoral outlook.
PPP faces internal turmoil with purge of veteran leaders in Daegu
Democratic Party of Korea (DP) rises to 98%1%
The People Power Party's nomination committee excluded veteran figures from the Daegu mayoral primary, risking conservative vote fragmentation as sidelined leaders might run as independents. This internal strife weakened PPP's position and bolstered the Democratic Party's prospects in a traditionally conservative stronghold.
President Lee’s approval dips to 67 %; DP lead narrows
A Yonhap‑reported Gallup poll showed Lee’s approval slipping to 67 % after three weeks at 69 % and the DP’s support falling to 46 % while the PPP rose modestly to 18 %. The slight erosion of the DP’s lead caused a minor pull‑back in its price (from 98 % on May 3 to 98 % – no change) and kept PPP’s price at its low‑level floor of 2 %, confirming the market’s view of a near‑certain DP win.
Martial law scandal of former President Yoon Suk Yeol looms over local elections
People Power Party (PPP) dips to 1%3%
On May 7-8, multiple reports emphasized the impact of former President Yoon Suk Yeol's martial law scandal on the upcoming local elections, casting a shadow over the PPP. This reinforced market confidence in the DP and contributed to PPP's price decline.
Martial law scandal shadows local elections, weakening PPP prospects
Democratic Party of Korea (DP) rises to 98%2%
Reports highlighted the lingering impact of the 2024 martial law scandal linked to former President Yoon Suk Yeol, damaging the PPP's reputation and strengthening the DP's position ahead of the June 3 elections. This contributed to the DP's price increase and PPP's decline.
Hankyoreh poll shows 53.3% of Koreans want liberal bloc to win local elections
Democratic Party of Korea (DP) dips to 96%1%
A voter panel survey commissioned by Hankyoreh found 53.3% of respondents wanted the ruling liberal bloc to win, with 48.9% supporting the DP versus 23.8% for the PPP, a 27.6-point gap in voting intentions.
Lee Jae Myung's approval rises to 66.9% in conservative southeast
Democratic Party of Korea (DP) rises to 98%1%
A new poll showed President Lee Jae Myung's job approval rating reached 66.9%, surpassing 60% in conservative Daegu and North Gyeongsang Province, boosting his popularity among centrist and conservative voters.
People Power Party warns against parliamentary dictatorship over committee chair monopoly
People Power Party (PPP) dips to 2%1%
On May 6, PPP floor leader Song Eon-seok publicly criticized the ruling party's parliamentary reorganization plans, framing it as a threat to democracy. This statement was part of PPP's strategy to rally support but coincided with a decline in their market price.
Seoul mayoral race tightens as PPP candidate Oh Se-hoon narrows gap
Recent polls in early May showed the gap between Democratic candidate Chong Won-o and PPP incumbent Oh Se-hoon narrowing to single digits, indicating a more competitive race. This development caused market prices for the Democratic Party to fluctuate slightly but remain high, while PPP prices remained low but stable.
South Korean court sentences former president Yoon to 5 years in prison
Democratic Party of Korea (DP) rises to 99%1%
The court sentenced former President Yoon Suk Yeol to five years in prison for obstructing his arrest and other charges related to the martial law crisis. This judicial outcome further weakened Yoon's political influence and reinforced market confidence in the Democratic Party's dominance in upcoming local elections.
Opposition rallies against special counsel bill ahead of elections
People Power Party (PPP) drops to 3%6%
People Power Party candidates launched a full-scale offensive against the DP's special counsel bill, rallying conservative voters and contributing to a tightening race in key battlegrounds like Seoul.
People Power Party candidates rally against Democratic Party's special counsel bill
People Power Party (PPP) dips to 1%1%
PPP metropolitan candidates held rallies opposing the DP's bill to withdraw charges against President Lee Jae-myung, attempting to mobilize conservative voters. Despite this, PPP's market position remained weak due to broader political challenges.
People Power Party rallies against Democratic Party's special counsel bill in Seoul
People Power Party (PPP) dips to 1%2%
On May 5, PPP metropolitan candidates held a rally opposing the Democratic Party's "fabricated indictment special counsel bill," aiming to mobilize conservative voters ahead of the local elections. This event highlighted PPP's efforts to counter the ruling party's narrative but did not significantly improve their market standing.
Polls show tightening races in Seoul, Busan, and other key regions
Democratic Party of Korea (DP) rises to 98%1%
Polls conducted in early May showed narrowing gaps between Democratic Party and People Power Party candidates in major metropolitan mayoral and gubernatorial races, indicating increased competition but still favoring the DP. This tightening was reflected in minor price fluctuations but did not significantly threaten the DP's dominant market position.
Democratic Party leader Jung Chung-rae's controversial leadership ahead of elections
Democratic Party of Korea (DP) rises to 98%1%
In early May, Democratic Party leader Jung Chung-rae's push for party reforms and internal conflicts raised concerns within the DP, but the party remained favored due to President Lee's popularity, maintaining high market confidence in DP's victory.
People Power Party nomination committee to decide on key candidate Chung Jin-suk
People Power Party (PPP) dips to 1%2%
The PPP's nomination committee planned to finalize the nomination of former Presidential Chief of Staff Chung Jin-suk for a by-election seat, reflecting ongoing internal party nomination processes. This event maintained uncertainty around PPP's candidate strength but did not significantly improve market confidence, which remained low for PPP.
Seoul mayoral candidates from DP and PPP pose ahead of elections
People Power Party (PPP) dips to 2%1%
Incumbent Seoul Mayor Oh Se-hoon (PPP) and challenger Chong Won-o (DP) publicly posed for photos, highlighting the high-profile and competitive nature of the Seoul mayoral race, a key battleground affecting market perceptions of PPP's chances.
Democratic Party leader Jung Chung-rae's controversial campaign moment sparks criticism
Democratic Party of Korea (DP) rises to 99%2%
DP leader Jung Chung-rae faced backlash for an incident involving a child during a campaign event, drawing media and opposition criticism. Despite this, the DP's structural advantages kept market confidence high in their local election prospects.
People Power Party nominates Yang Hyang-ja for Gyeonggi Province governor race
The PPP completed its candidate nominations for major provincial and metropolitan mayoral races by selecting Yang Hyang-ja for Gyeonggi Province governor, aiming to challenge the DP candidate. Despite this, the PPP remained behind in market prices, reflecting ongoing challenges in gaining electoral ground.
Democratic and People Power Parties finalize candidates for June elections
Democratic Party of Korea (DP) rises to 98%1%
By May 2, both the Democratic Party and People Power Party finalized their candidates for the 16 metropolitan mayor and governor races. The DP fielded mostly non-incumbents, while the PPP re-nominated many incumbents, signaling strategic differences and reinforcing DP's momentum in the market.
South Korean court removes police chief over martial‑law involvement
Democratic Party of Korea (DP) rises to 98%1%
The Constitutional Court’s removal of the police chief for supporting Yoon’s 2024 martial‑law episode underscored institutional checks on the former president, reinforcing public perception that the Democratic administration is restoring rule of law, further supporting DP’s odds.
Democratic Party floor spokesperson praises prosecutors’ death‑penalty request for Yoon
Democratic Party of Korea (DP) rises to 99%2%
A Democratic Party spokesperson publicly welcomed the prosecutors’ move, reinforcing the party’s tough stance on the former PPP president and further shifting market sentiment toward the DP.
South Korean court sentences former President Yoon to 5 years in prison on martial law charges
Democratic Party of Korea (DP) rises to 98%1%
The court sentenced former President Yoon to five years in prison for charges related to his martial law declaration, marking a significant legal defeat for Yoon and his party. This reinforced the Democratic Party's dominance and likely contributed to the market's increased confidence in the DP's election success.
President Lee’s approval climbs to 64 %; DP at 46 % support
Democratic Party of Korea (DP) rises to 99%2%
Lee’s approval rating hit 64 % (Gallup) and the DP’s party support was reported at 46 %—the highest level of the cycle. Media coverage of the surge boosted DP confidence, lifting its price to a 99 % peak on 5 May.
Poll shows President Lee Jae-myung's approval at 64%, Democratic Party leads
Democratic Party of Korea (DP) rises to 99%1%
A Gallup Korea poll showed President Lee's approval rating at 64% and the Democratic Party's support at 46%, more than double the PPP's 21%. This reinforced market confidence in the DP's dominance in the upcoming elections.
South Korean President Lee returns to traditional presidential palace, signaling political shift
Democratic Party of Korea (DP) rises to 98%1%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, reversing his predecessor Yoon's relocation and symbolizing a break from Yoon's legacy. This move reinforced the Democratic Party's authority and likely contributed to increased market confidence in the DP's electoral success.
People Power Party draws 25 applicants for 9 by-election seats
People Power Party (PPP) dips to 3%1%
On April 30, the PPP's nomination committee announced 25 candidates applied for nine by-election seats, indicating fierce primary competition and internal party challenges. This highlighted the PPP's struggle to consolidate strong candidates ahead of the elections, impacting market confidence negatively for PPP.
People Power Party nominates incumbent Oh Se-hoon as Seoul mayor candidate
The PPP nominated incumbent Mayor Oh Se-hoon as its candidate for Seoul mayor, setting up a direct contest with the DP's Chong Won-o. Despite this, PPP's market confidence remained low due to internal party challenges and low approval ratings.
Democratic Party of Korea price rises as political momentum holds
Democratic Party of Korea (DP) rises to 98%1%
Following the high-profile legal developments against the former conservative president, the Democratic Party's market position strengthened, reflecting continued public and political support.
South Korean President Lee meets China’s Xi, pledges stronger ties amid regional tensions
Democratic Party of Korea (DP) rises to 98%1%
President Lee Jae Myung’s high‑level visit to Beijing and agreement on cooperation underscored diplomatic stability for the governing Democratic Party, reinforcing voter confidence and nudging the DP price upward.
PPP leader Jang Dong‑hyeok says party must rebuild after Yoon scandal
People Power Party (PPP) dips to 3%1%
A Reuters interview with PPP leader Jang Dong‑hyeok on April 30 highlighted internal fractures and the need to distance the party from Yoon’s scandal. The interview coincided with the market’s low point for PPP (3 % on April 30) and preceded a further dip to 1 % after the May 8 sentencing news.
People Power Party leader faces criticism amid internal disputes
People Power Party (PPP) dips to 2%1%
The People Power Party leader Jang Dong-hyeok faced criticism for leadership vacuum and internal disputes over candidate nominations, weakening the party's electoral prospects and contributing to the low market price for PPP.
Democratic Party pushes controversial special counsel bill
Democratic Party of Korea (DP) dips to 90%4%
The DP introduced a special counsel bill targeting alleged fabricated prosecutions under the previous administration, sparking opposition criticism and public backlash, which caused some market uncertainty and narrowing of DP's lead.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 96%1%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol over his alleged role in an insurrection, highlighting the severity of his legal troubles. This development strengthened the Democratic Party of Korea's position as Yoon is associated with the conservative People Power Party, leading to increased market confidence in the DP's electoral prospects.
Prosecutors seek death penalty for former President Yoon on insurrection charge
South Korean prosecutors demanded the death penalty for former President Yoon Suk Yeol over his 2024 martial law declaration, intensifying the political crisis surrounding the conservative PPP. This event further eroded public trust in the PPP and bolstered confidence in the ruling Democratic Party's prospects in the upcoming local elections.
Independent counsel demands death sentence for ex-President Yoon over martial law decree
Democratic Party of Korea (DP) rises to 97%1%
An independent counsel formally requested the death penalty for former President Yoon Suk Yeol on rebellion charges related to his martial law declaration. This intensified the political crisis surrounding Yoon and diminished the People Power Party's standing, benefiting the Democratic Party in the election market.
People Power Party finalizes multiple by-election candidates amid fierce competition
People Power Party (PPP) dips to 2%1%
The PPP announced 25 candidates for nine by-election seats, including high-profile figures, signaling efforts to consolidate and strengthen its electoral slate. However, fierce primary competition and some deferred nominations indicated ongoing internal challenges, limiting market optimism for PPP gains.
South Korean prosecutor seeks death sentence for ex-leader Yoon over martial law decree
Democratic Party of Korea (DP) rises to 98%2%
On April 28, 2026, an independent counsel demanded the death sentence for former President Yoon Suk Yeol on rebellion charges related to his December 2024 martial law decree. This event underscored the political and legal turmoil surrounding Yoon, reinforcing the public and political support for the current Democratic Party leadership, thereby bolstering the DP's market position.
Polls show Democratic Party leads nationally and in key regions ahead of local elections
Democratic Party of Korea (DP) rises to 98%2%
Polling data released in late April showed the Democratic Party of Korea with a strong lead nationally and in major metropolitan areas, including Seoul and the Incheon-Gyeonggi region, while the PPP lagged behind. This reinforced market confidence in a DP landslide and contributed to the DP price rising to 98% and PPP falling to 2%.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 97%2%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection by attempting to impose martial law in December 2024. This heightened political tensions and bolstered support for the Democratic Party, which distanced itself from Yoon and welcomed the prosecution's stance, reinforcing market confidence in the DP's electoral prospects.
Democratic Party names strategic candidates for key by-elections including Lee Kwang-jae and Kim Yong-nam
Democratic Party of Korea (DP) rises to 98%2%
The DP announced strategic nominations for key by-election districts, including former Gangwon Governor Lee Kwang-jae and former lawmaker Kim Yong-nam, signaling a consolidation of candidate support and boosting market confidence in the party's electoral strength.
Seoul mayoral race heats up as Chong Won-o leads Oh Se-hoon in poll
Democratic Party of Korea (DP) rises to 98%1%
A Realmeter poll showed Chong Won-o, the Democratic Party's Seoul mayoral candidate, leading PPP's Oh Se-hoon with 45.6% vs 35.4% support, boosting DP confidence ahead of the local elections.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae Myung moved the presidential office back to the traditional Blue House, reversing former President Yoon's relocation. This symbolic move signaled a political shift favoring the Democratic Party and contributed to increased market confidence in the DP's chances in the local elections.
PPP's Oh Se-hoon registers as candidate, intensifying Seoul mayoral race
People Power Party (PPP) rises to 4%1%
Oh Se-hoon of the PPP officially registered as a candidate for Seoul mayor, intensifying competition in a key battleground. This event caused some volatility in the market, with a brief increase in PPP's price but overall maintained DP's dominance.
Democratic Party finalizes strategic candidate nominations for by-elections
Democratic Party of Korea (DP) rises to 97%1%
The Democratic Party announced strategic nominations for key by-election districts concurrent with the local elections, reinforcing its organizational strength and electoral readiness. This bolstered market confidence in the DP's ability to secure more local government heads.
South Korea’s Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 2%1%
The court’s decision to oust the police chief tied to Yoon’s martial‑law episode further implicated the People Power Party in the 2024 crisis, reinforcing the downward pressure on PPP’s odds.
People Power Party's Oh Se-hoon officially registers for Seoul mayoral race
Oh Se-hoon, the incumbent mayor and People Power Party candidate, officially registered his candidacy, formally beginning his campaign. Despite this, internal party rifts and polling data suggested limited market confidence in PPP's chances compared to DP.
Chun Young-mi wins Democratic Party nomination for Ansan mayor
Chun Young-mi secured the Democratic Party's nomination for the Ansan mayoral race, completing the party's candidate lineup for Gyeonggi Province's basic-level local government heads. This nomination solidified DP's organizational readiness and contributed to market confidence in the party's prospects.
Lee Jin-sook withdraws from Daegu mayoral race, backing PPP nominee
People Power Party (PPP) dips to 3%1%
Lee Jin-sook, a former broadcasting watchdog chief linked to ex-President Yoon Suk Yeol, announced she would not run for Daegu mayor after exclusion from the PPP primary, consolidating the conservative vote behind the party's nominee. This move was seen as an effort to prevent vote splitting and strengthen PPP's chances in a traditionally conservative city, impacting market confidence in PPP's local election prospects.
Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) dips to 2%1%
The court’s decision to oust the police chief implicated in Yoon’s 2024 martial‑law episode further damaged the PPP’s image, reinforcing the DP’s lead in the local‑election market.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 3%1%
Prosecutors asked for the maximum punishment for ex‑President Yoon Suk Yeol, a leading figure of the People Power Party, intensifying public backlash against the PPP and lifting Democratic Party confidence ahead of local elections.
PPP leader Jang Dong-hyeok holds meetings in Washington amid party turmoil
People Power Party (PPP) dips to 2%2%
PPP leader Jang Dong-hyeok sought to bolster his international profile in Washington to strengthen his position within the party ahead of the June local elections, as the PPP faced internal splits and low public support due to the martial law scandal. This move was seen as an attempt to project indispensability despite the party's declining electoral prospects, contributing to the market's low confidence in the PPP.
Democratic Party struggles over Pyeongtaek-B by-election nomination
The Democratic Party faced difficulties finalizing its candidate for the Pyeongtaek-B by-election in Gyeonggi Province, a conservative-leaning district. The challenge of unifying the pan-ruling bloc and lack of willing candidates created uncertainty, potentially impacting DP's performance in this key battleground area.
Gallup Korea poll shows Democratic Party leads with 48%, PPP at 20%
Democratic Party of Korea (DP) rises to 97%1%
A Gallup Korea poll released on April 24 showed the Democratic Party of Korea with a strong lead at 48% support, while the People Power Party remained below 20% for seven consecutive weeks. This reinforced market confidence in the DP's chances in the upcoming local elections.
President Lee meets Xi in Beijing, pledges stronger Korea‑China trade ties
Democratic Party of Korea (DP) rises to 98%3%
President Lee Jae Myung’s high‑profile visit to China underscored the Democratic administration’s diplomatic successes, improving its image domestically and contributing to a rise in DP confidence.
DP reveals three contenders for Seoul mayoral primary
Democratic Party of Korea (DP) rises to 97%2%
The DP announced the three candidates (Chong Won‑o, Park Joo‑min, Jeon Hyun‑hee) who would advance to its televised primary for the Seoul mayoral race. The clear‑cut primary set‑up eliminated speculation about intra‑party splits and reinforced the DP’s momentum, nudging the market price up from 95 % on April 21 to 97 % on April 24.
People Power Party candidates agree on 'One-Team' strategy for local elections
People Power Party (PPP) rises to 4%1%
On April 24, PPP candidates for Uiryeong County head signed a pledge to conduct fair primaries and maintain unity post-primary to maximize election chances. This move aimed to reduce internal conflicts but did not significantly boost PPP's market position, which remained low.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 97%1%
Prosecutors asked a court to impose the death penalty on ex‑President Yoon for leading an illegal martial‑law decree, prompting Democratic Party leaders to praise the move and framing the case as a vindication of democratic values, which lifted DP’s market price.
Poll shows Chong Won-o leads Oh Se-hoon in Seoul mayor race
Democratic Party of Korea (DP) rises to 91%1%
A poll released after candidate confirmations showed Chong Won-o leading Oh Se-hoon, reinforcing the DP's advantage in the crucial Seoul mayoral race and supporting the market's bullish stance on DP.
Martial law scandal of former President Yoon Suk Yeol looms over upcoming local elections
Democratic Party of Korea (DP) rises to 97%1%
Reports highlighted that the 2026 local elections would be the first nationwide vote since the brief imposition of martial law by former President Yoon Suk Yeol in 2024, casting a shadow over the conservative People Power Party (PPP) and benefiting the ruling Democratic Party (DP). This context reinforced market confidence in the DP's chances.
Democratic Party announces strategic candidates for by-elections
Democratic Party of Korea (DP) dips to 95%1%
The DP announced strategic nominations for key regions, signaling organizational strength and readiness for the local elections, which bolstered market confidence in the DP's prospects.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 97%1%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection related to his 2024 martial law declaration. This event underscored the political turmoil and discrediting of Yoon's conservative People Power Party, bolstering confidence in the Democratic Party of Korea's position ahead of the local elections.
Prosecutor seeks death sentence for ex‑President Yoon over martial‑law decree
People Power Party (PPP) dips to 2%2%
The aggressive legal move against Yoon heightened the perception of a severe blow to the People Power Party, causing its market price to drop sharply as voters feared further damage to the party’s image.
Local elections fade from public view, but DP maintains momentum
Democratic Party of Korea (DP) rises to 98%3%
A JoongAng Daily opinion piece highlighted the Democratic Party’s campaign momentum and warned that low public interest could benefit the ruling party. The coverage coincided with DP’s price rising from 95 % to 98 % over the next few days.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 97%1%
The Constitutional Court removed the impeached police chief for supporting Yoon's martial law, reinforcing the Democratic Party's narrative of restoring constitutional order and weakening the conservative opposition.
Prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 3%1%
South Korean prosecutors formally requested the maximum death penalty for ex‑President Yoon Suk‑yeol, a leading PPP figure, heightening public backlash against the party and boosting confidence in the DP ahead of local elections.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 96%1%
President Lee’s symbolic return to the Blue House highlighted the new administration’s break from Yoon’s legacy, boosting confidence in the Democratic Party and contributing to a slight rise in DP’s price.
Polls show Democratic Party leads but PPP support surges in key races
Democratic Party of Korea (DP) rises to 98%2%
Polling data released in late April showed the Democratic Party maintaining leads in major metropolitan mayor and provincial governor races, but the People Power Party began closing the gap in several key battlegrounds, including Seoul and Busan. This tightening of races caused some market fluctuations, reflecting increased uncertainty.
Hankuk Gallup Poll Shows Kim Bu-gyeom Leading PPP in Daegu Head-to-Head
People Power Party (PPP) dips to 2%1%
A Hankuk Gallup survey showed former Prime Minister Kim Bu-gyeom, the Democratic Party candidate, leading all PPP contenders in Daegu head-to-head matchups with over 50% favorability, signaling a potential conservative upset.
People Power Party excludes veteran leaders from Daegu mayoral primary
Democratic Party of Korea (DP) rises to 4%1%
The PPP's nomination committee officially excluded veteran figures Joo Ho-young and Lee Jin-sook from the Daegu mayoral primary, signaling internal party reform but risking vote splitting due to potential independent runs. This move destabilized the conservative stronghold in Daegu and increased the Democratic Party's chances, impacting market confidence in the PPP's prospects.
President Lee Jae Myung returns to the Blue House, ending Yoon’s relocation of the presidential office
Democratic Party of Korea (DP) rises to 98%1%
Lee’s move back to Cheong Wa Dae underscored the Democratic Party’s control of the presidency and suggested a stable political environment ahead of the local elections, boosting confidence in DP’s chances.
Democratic Party unveils housing measures in Seoul mayoral race
Democratic Party of Korea (DP) rises to 97%1%
Democratic Party candidate Chong Won-o announced a housing policy package aimed at easing financial pressures on young people and newlyweds, criticizing incumbent People Power Party mayor Oh Se-hoon for mismanagement. This policy move reinforced the DP's appeal in the crucial Seoul mayoral contest, supporting its market strength.
Tight races in Busan and Daegu influenced by high independent voter turnout
Democratic Party of Korea (DP) rises to 98%2%
Key battlegrounds Busan and Daegu showed tight races with significant independent voter populations (24% in Busan, 35% in Gyeongnam), making outcomes unpredictable and favoring the Democratic Party's chances amid conservative fragmentation.
Seoul mayoral candidates Chong Won-o and Oh Se-hoon meet at campaign event
Democratic Party of Korea (DP) dips to 95%1%
The Democratic Party's Chong Won-o and People Power Party's incumbent Mayor Oh Se-hoon appeared together at a public event, highlighting the intensifying mayoral race in Seoul. This event underscored the competitive dynamics but maintained market confidence in the DP due to Chong's strong campaign.
Democratic Party launches competitive pre-primary for Seoul mayoral candidate
The Democratic Party of Korea officially launched a pre-primary election campaign for the Seoul mayor position with multiple high-profile candidates, signaling strong internal competition and preparation. This bolstered market confidence in the DP's electoral strength, maintaining their high price.
South Korean President Lee returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 98%1%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, symbolically distancing his administration from the legacy of ousted former President Yoon Suk Yeol. This move was seen as consolidating the Democratic Party's control and stabilizing the political environment ahead of the local elections, bolstering market confidence in the DP.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 97%1%
The Constitutional Court removed the police chief for supporting former President Yoon's martial law imposition, highlighting the legal and political consequences faced by Yoon's administration. This event further weakened the People Power Party's standing and bolstered confidence in the Democratic Party of Korea's dominance.
Democratic Party of Korea launches competitive pre-primary for Seoul mayor nomination
Democratic Party of Korea (DP) rises to 97%1%
The Democratic Party of Korea officially began its pre-primary election campaign for the Seoul mayor position with multiple high-profile candidates, signaling a competitive internal race that could consolidate party strength ahead of the local elections. This boosted market confidence in the Democratic Party's prospects in Seoul, a key battleground.
People Power Party selects Oh Se-hoon as Seoul mayoral candidate
People Power Party (PPP) plunges to 9%41%
The main opposition People Power Party (PPP) nominated incumbent Mayor Oh Se-hoon for Seoul mayor, setting up a competitive race against DP's Chong Won-o and influencing market perceptions of the election dynamics.
People Power Party confirms Oh Se-hoon as Seoul mayoral candidate
People Power Party (PPP) rises to 4%1%
The PPP's nomination committee announced that incumbent Mayor Oh Se-hoon won the party's primary, setting up a high-profile contest against DP's Chong Won-o. Despite this, PPP's internal struggles and low approval ratings limited market confidence in their chances.
Democratic Party recruits lawyer Jeon Tae-jin for Ulsan by-election
The Democratic Party of Korea announced the recruitment of lawyer Jeon Tae-jin as its candidate for the Ulsan Nam-gu A by-election, signaling the party's strategic efforts to secure key local seats ahead of the June 3 elections. This recruitment reinforced market confidence in the DP's electoral strength in Ulsan, a significant urban area.
Democratic Party confirms Park Soo-hyun as South Chungcheong governor candidate
Democratic Party of Korea (DP) rises to 97%1%
The Democratic Party finalized its candidate for South Chungcheong governor, setting up a direct contest with the People Power Party incumbent and signaling the party's readiness and organizational strength ahead of the elections, supporting the market's high confidence in the Democratic Party.
Democratic Party's Park Soo-hyun announces candidacy for Chonnam Governor
Democratic Party of Korea (DP) rises to 96%1%
Park Soo-hyun, the Democratic Party candidate for Chonnam Governor, held a joint press conference on April 15, 2026, signaling a coordinated and early campaign effort. This announcement aimed to unify party resources and increase candidate visibility ahead of the June elections, reinforcing the Democratic Party's strong positioning in regional races and contributing to market confidence in the DP's prospects.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) dips to 96%1%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection, signaling serious legal consequences for the conservative figure and bolstering the Democratic Party's position amid ongoing political turmoil.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 97%1%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for his role in attempting to impose martial law in December 2024, a move that deeply unsettled the political environment. This development reinforced the Democratic Party's position as the dominant political force, as many lawmakers from the DP supported the prosecution's stance, increasing market confidence in the DP's electoral success.
Rebuilding Korea Party lawmaker resigns from political reform committee citing lack of progress
Rebuilding Korea Party (RKP) dips to 0%2%
The resignation of a Rebuilding Korea Party lawmaker from the National Assembly's political reform committee highlighted frustrations with political gridlock and diminished prospects for smaller parties, reflected in their market price collapse.
People Power Party suspends nomination process amid strategic focus on US alliance
The PPP halted its nomination process for local elections to prioritize diplomatic efforts with the US, causing disruption in candidate selection and internal party cohesion. This suspension likely contributed to the party's weak market position and inability to mount a strong electoral challenge.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 97%1%
President Lee Jae Myung moved the presidential office back to the traditional Blue House, reversing former President Yoon Suk Yeol's relocation and symbolizing a political shift favoring the Democratic Party of Korea. This move underscored the DP's consolidation of power and likely contributed to increased market confidence in the DP's electoral prospects.
PPP leader Jang Dong-hyeok holds meetings in Washington amid party struggles
People Power Party (PPP) dips to 2%1%
PPP leader Jang Dong-hyeok's meetings in Washington occurred while the party faced internal turmoil and declining public support at home, especially with the risk of losing Daegu, a conservative bastion. This highlighted the PPP's weakened domestic position and contributed to the market's low confidence in PPP's chances.
PPP chief holds meetings in Washington as polls hint at Democratic surge in Daegu
People Power Party (PPP) rises to 4%1%
The Diplomat reported that PPP leader Jang Dong‑hyeok was in Washington while internal polls showed the Democratic Party pulling ahead, especially in the PPP stronghold of Daegu. The story highlighted the party’s vulnerability and coincided with the market’s brief rise of PPP to 4 % on 23 Apr before the subsequent slide.
Polls show Democratic Party leads nationally and in key regions ahead of local elections
A Realmeter survey conducted in early April showed the Democratic Party with a strong lead nationally and in key regions such as Seoul and Incheon-Gyeonggi, with President Lee Jae-myung's approval rating at 61.9%. This polling data reinforced market confidence in the Democratic Party's likely success in the upcoming local elections, contributing to the high price for DP and low for PPP.
Democratic Party confirms it will field candidates in all by-election districts despite Rebuilding Korea Party's demands
The DP's decision to field candidates in all by-election districts, rejecting calls from the Rebuilding Korea Party to forgo nominations in certain districts, demonstrated the party's commitment to contesting all seats, reinforcing market confidence in the DP's electoral strategy.
Seoul Mayor Oh Se-hoon selected as People Power Party candidate for mayoral election
People Power Party (PPP) dips to 3%1%
Oh Se-hoon was officially chosen as the PPP candidate for Seoul mayor in the local elections, consolidating the party's nomination but amid ongoing challenges in public support. This selection was a key step for PPP but did not significantly improve its market standing against the dominant Democratic Party.
Progressive Democratic Innovation Party candidate announces Ulsan mayoral bid
On April 9, Hwang Myung-pil, a former Supreme Council member of the Progressive Democratic Innovation Party, announced his candidacy for Ulsan mayor, aiming to unify democratic progressives and defeat the People Power Party. This event highlighted the fragmented opposition and the DP's strategic positioning, supporting the DP's market strength.
Democratic Party selects Chong Won-o as Seoul mayoral candidate
Democratic Party of Korea (DP) rises to 97%1%
Chong Won-o's selection as the Democratic Party candidate for Seoul mayor solidified the party's position in the capital's key race, reinforcing market confidence in the DP and contributing to the party's price increase.
Democratic Party nominates Chong Won-o as Seoul mayor candidate
Democratic Party of Korea (DP) rises to 97%1%
The DP officially selected Chong Won-o, former chief of Seoul's Seongdong district, as its candidate for Seoul mayor after a primary victory. This nomination solidified the DP's position in a crucial race, boosting market confidence to near certainty of DP victory.
Ruling party nominates former district chief Chong for Seoul mayor
Democratic Party of Korea (DP) rises to 96%2%
Yonhap reported that the DP officially nominated Chong Won‑o as its Seoul mayoral candidate on April 9. The clear candidate rollout boosted DP confidence, lifting the market from 94 % on April 13 to a steady 96‑98 % range through late April.
Democratic Party names Chong Won‑o its Seoul mayoral candidate
Democratic Party of Korea (DP) rises to 97%2%
The DP announced Chong Won‑o as its official candidate for Seoul mayor. The nomination solidified the party’s lead in the capital and lifted DP confidence, reflected in the market’s rise from 95 % to 97 % in early April.
DP selects Chong Won-o as Seoul mayor candidate
Democratic Party of Korea (DP) rises to 97%1%
The ruling Democratic Party confirmed Chong Won-o, former Seongdong-gu chief, as its candidate for Seoul mayor after he won over 50% of the vote in the three-way primary.
Final PPP mayoral race results announced
The PPP's final mayoral race results were confirmed, with the party's candidate winning the Seoul mayoral race, which likely contributed to the market's final price settlement.
South Korean prosecutor seeks death sentence for ex-leader Yoon over martial law decree
Democratic Party of Korea (DP) rises to 96%1%
An independent counsel demanded the death sentence for former President Yoon Suk Yeol on rebellion charges related to his 2024 martial law decree, marking a critical moment in South Korea's political crisis. This event reinforced the market's confidence in the Democratic Party of Korea (DP) as Yoon's conservative People Power Party (PPP) faced significant legal and political setbacks.
Democratic Party finalizes uncontested nominations for key local government posts
Democratic Party of Korea (DP) rises to 97%1%
The Democratic Party of Korea confirmed uncontested nominations for several metropolitan and provincial posts, including Gangwon, Incheon, Gyeongnam, and Gyeongbuk, signaling organizational strength and unity ahead of the elections, bolstering market confidence.
Democratic Party finalizes metropolitan governor candidates and prepares for key primaries
Democratic Party of Korea (DP) rises to 96%2%
The Democratic Party announced its finalized list of metropolitan and provincial governor candidates and prepared for critical primaries in Seoul and Gyeonggi, boosting market confidence in the DP's electoral strength and contributing to a price rise.
Democratic Party finalizes key metropolitan and provincial candidates
Democratic Party of Korea (DP) rises to 96%2%
The Democratic Party of Korea confirmed its candidates for 16 metropolitan and provincial governor races, including major regions like Seoul and Gyeonggi, signaling strong organizational readiness and boosting market confidence in DP's prospects.
People Power Party faces internal crisis and declining support ahead of local elections
People Power Party (PPP) dips to 3%1%
The PPP experienced a leadership crisis and plummeting public support, with party leader Jang Dong-hyeok becoming a political liability. This turmoil contributed to the party's stagnant and low market price, reflecting diminished electoral prospects against the Democratic Party.
Incumbent Kim Dong‑yeon leads DP’s Gyeonggi governor race in poll
Democratic Party of Korea (DP) rises to 97%1%
A poll showed incumbent Gyeonggi governor Kim Dong‑yeon leading the DP’s primary field, reinforcing the party’s momentum in the nation’s most populous province and nudging DP’s price up by 1 pp to 97 % on 2026‑04‑08.
Constitutional Court strips police chief of post over martial‑law involvement
People Power Party (PPP) dips to 2%1%
The Constitutional Court removed the former police chief for his role in supporting Yoon’s martial‑law decree. The decision underscored the fallout from the Yoon scandal and further eroded confidence in the People Power Party, whose market price fell from 3 % to 2 % the next day.
Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 2%2%
The formal removal of the police chief for his role in the 2024 martial law declaration further discredited the conservative establishment associated with the former administration. This judicial action solidified the political environment in favor of the Democratic Party, contributing to its sustained high market price.
PPP proceeds with six-candidate primary for Daegu mayoral race
The PPP's nomination committee announced a six-candidate primary for the Daegu mayoral race, excluding some prominent figures due to legal injunctions. This indicated ongoing internal challenges within the PPP, contributing to its low market confidence.
Polls Show Democratic Party Candidates Leading in Seoul Mayoral Race
Recent opinion polls indicated Democratic Party candidates leading over PPP contenders in Seoul, reflecting strong approval for President Lee Jae-myung and voter fatigue with the incumbent mayor, reinforcing DP's market advantage.
South Korean President Lee visits China to discuss regional security
Democratic Party of Korea (DP) rises to 96%1%
President Lee Jae Myung’s diplomatic trip to China underscored a stable foreign‑policy outlook, reinforcing confidence in the ruling Democratic Party and nudging its price upward.
Democratic Party faces internal backlash over merger talks with Rebuilding Korea Party
Democratic Party of Korea (DP) rises to 97%1%
The Democratic Party's leader Jung Chung-rae faced internal opposition and eventually suspended merger talks with the Rebuilding Korea Party until after the local elections, reflecting factional tensions. Despite this, the DP maintained strong market confidence due to its overall favorable position.
Progressive Democratic Innovation Party candidate gains momentum in Gijang-gun mayoral race
Democratic Party of Korea (DP) rises to 96%2%
Polls indicated that the Progressive Democratic Innovation Party candidate Jung Jin-baek was gaining significant support, challenging the Democratic Party in a key mayoral race. This showed some competition but did not affect the dominant DP market position overall.
Former Prime Minister Kim Boo-kyum launches Daegu mayoral campaign urging voters to reject PPP
Democratic Party of Korea (DP) rises to 96%1%
Kim Boo-kyum, a former prime minister and Democratic Party politician, announced his candidacy for Daegu mayor, criticizing the PPP's dominance and internal issues. His entry signaled a challenge to the PPP in a traditional conservative stronghold, further weakening PPP's prospects.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 97%1%
President Lee Jae Myung's move back to the Blue House symbolized a break from the previous administration and reinforced his leadership image, strengthening the Democratic Party of Korea's standing ahead of the local elections.
DP's Kang Sung-hwi leads Mokpo mayoral poll outside margin of error
A poll showed Democratic Party candidate Kang Sung-hwi leading the Mokpo mayoral race outside the margin of error, indicating strong local support for DP candidates ahead of the June elections and supporting the party's market price.
Democratic Party candidate Kang Sung-hwi leads Mokpo mayoral poll outside margin of error
A Gallup Korea poll released on March 28 showed Democratic Party candidate Kang Sung-hwi leading the Mokpo mayoral race by a significant margin, reinforcing market confidence in DP's local election prospects.
DP candidate Kang Sung-hwi leads Mokpo mayoral poll
Democratic Party of Korea (DP) rises to 97%1%
Kang Sung-hwi, a DP mayoral hopeful for Mokpo, led the mayoral race with 31% in a Gallup Korea poll, ahead of Lee Ho-gyun at 20%, boosting the DP's momentum in South Jeolla Province.
Nominations open for local election candidates amid early campaign activity
Democratic Party of Korea (DP) rises to 96%2%
Candidate registration for the June 3 local elections officially opened on March 24, 2026, marking the start of the electoral contest. This procedural milestone triggered increased market attention and early positioning by parties, with the Democratic Party leveraging its organizational strength to field candidates widely, supporting its dominant market position.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 94%1%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, signaling a return to traditional governance and distancing from predecessor Yoon Suk Yeol’s controversial tenure. This reinforced political stability under the Democratic Party but did not cause major market price changes.
Democratic Party Advances Three Candidates in Seoul Mayoral Primary
Democratic Party of Korea (DP) rises to 96%1%
The DP announced three candidates advancing to the main primary for Seoul mayor, signaling party unity and strategic focus ahead of the elections. This bolstered market confidence in DP's ability to secure key local government positions.
Democratic Party finalizes three candidates for Seoul mayor primary
Democratic Party of Korea (DP) rises to 96%2%
The DP announced three candidates advancing to the main primary for Seoul mayor, signaling a competitive but united front ahead of the elections. This development reinforced market confidence in the DP's electoral prospects in Seoul, a key battleground.
DP reveals three candidates advancing to Seoul mayoral primary
Democratic Party of Korea (DP) rises to 96%1%
The Democratic Party announced the three candidates who would advance to the main primary for Seoul mayor, setting the stage for a heated contest ahead of the June 3 elections.
People Power Party gains slight market support amid campaign developments
People Power Party (PPP) rises to 5%2%
Around March 24, 2026, the People Power Party's market price increased from 3% to 5%, suggesting some positive developments or campaign momentum. However, this gain was not sustained, and the PPP's price fell back to 2% by early April, indicating limited impact on their overall electoral prospects.
People Power Party excludes veteran leaders from Daegu mayoral primary, causing internal strife
Democratic Party of Korea (DP) rises to 96%1%
The PPP's nomination committee excluded veteran leaders Joo Ho-young and Lee Jin-sook from the Daegu mayoral primary, destabilizing the conservative stronghold and increasing the risk of vote splitting, which benefits the Democratic Party.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae Myung moved back to the traditional presidential palace, Cheong Wa Dae, reversing his predecessor Yoon Suk Yeol's relocation. This symbolic act reinforced Lee's legitimacy and the Democratic Party's consolidation of power, supporting the DP's strong market position.
South Korean President Lee Jae Myung returns to traditional presidential palace
President Lee Jae Myung's return to the Blue House symbolized a break from the previous conservative administration and reinforced the Democratic Party's leadership image. This event likely contributed to maintaining the DP's strong market position in the local elections.
People Power Party narrows Seoul mayoral primary to three candidates
The PPP nomination committee announced a three-way primary race for Seoul mayor, including incumbent Oh Se-hoon, Park Sumin, and Yoon Heesook. This formalization of the primary process indicated ongoing competition within the party but did not significantly alter market perceptions of the PPP's chances.
People Power Party purges veteran candidates in Daegu, risking conservative vote split
People Power Party (PPP) dips to 3%1%
The PPP's nomination committee excluded key veteran figures from the Daegu mayoral primary, destabilizing a traditional conservative stronghold and risking vote splitting with independent runs. This internal party conflict weakened PPP's electoral prospects in a crucial region, reflected in stagnant low market prices for PPP.
People Power Party excludes veteran leaders from Daegu mayoral primary, sparking internal turmoil
People Power Party (PPP) dips to 2%2%
On March 22, 2026, the PPP's nomination committee officially excluded veteran politicians Joo Ho-young and Lee Jin-sook from the Daegu mayoral primary, destabilizing the party's stronghold in the region. This purge risked splitting the conservative vote if the excluded figures ran as independents, potentially benefiting the Democratic Party in a traditionally conservative city. The event highlighted internal party reforms but also raised concerns about electoral fragmentation, negatively impacting PPP's market confidence.
PPP narrows Seoul mayoral race to three candidates
The PPP's decision to hold a three-way primary narrowed the field and created a more focused contest, potentially increasing the likelihood of a decisive outcome.
People Power Party cuts key candidates from Daegu mayoral nomination, sparking protests
People Power Party (PPP) dips to 3%1%
The PPP's Nomination Management Committee excluded senior lawmakers Joo Ho-young and Lee Jin-sook from the Daegu mayoral primary, causing protests and legal threats. This nomination dispute intensified internal party divisions and contributed to the PPP's declining market confidence.
PPP blocks two veteran Daegu mayoral hopefuls, prompting fears of vote‑splitting
People Power Party (PPP) drops to 1%5%
The PPP’s nomination committee cut off veteran candidates Joo Ho‑young and Lee Jin‑suk from the Daegu mayoral primary, sparking media reports that the party’s traditional stronghold could split and weaken its vote‑base. The story coincided with the market’s sharp dip in PPP odds (‑5 pp from 6 % to 1 % on 2026‑03‑19) and a modest rise for the DP as voters reassessed the balance of power.
People Power Party purges veteran leaders in Daegu, risking conservative vote split
People Power Party (PPP) dips to 3%1%
The PPP's nomination committee excluded veteran leaders from the Daegu mayoral primary, risking a split conservative vote as sidelined figures might run as independents. This internal strife weakened PPP's electoral chances in a key conservative stronghold, benefiting the DP.
Democratic Party candidates in Gyeonggi Province governor race emphasize Lee Jae Myung's government success
Democratic Party of Korea (DP) rises to 95%2%
Five Democratic Party preliminary candidates for Gyeonggi Province governor appealed for support by highlighting the achievements of President Lee Jae Myung's administration, reinforcing the party's strong position ahead of the local elections.
K-pop group BTS stages comeback concert in Seoul, boosting national morale
Democratic Party of Korea (DP) rises to 96%2%
The highly anticipated BTS comeback concert in Seoul drew international attention and boosted national pride, indirectly supporting the Democratic Party of Korea by enhancing public sentiment and cultural influence during the election period.
PPP approval rating at 17% after March 12 poll
The PPP's continued low approval rating after the March 12 poll reinforced market skepticism about the party's electoral prospects.
North Korea accuses South Korea of drone incursions, heightening security concerns
People Power Party (PPP) dips to 3%1%
The accusation and ensuing diplomatic friction raised doubts about the incumbent government’s handling of security, prompting a modest decline in the People Power Party’s odds.
People Power Party price corrects downward
People Power Party (PPP) dips to 3%4%
Following the previous day's peak, the People Power Party's market price corrected back to 3%, reflecting a stabilization in market sentiment regarding the party's electoral prospects.
South Korean President Lee Jae Myung issues statement on Jeju Air crash victims
Lee's sympathy statement to families of victims of the Jeju Air crash, while not directly political, reflects his administration's focus on national unity and may have contributed to the DP's positive market perception.
North Korea launches ballistic missiles amid rising tensions
People Power Party (PPP) dips to 3%1%
North Korea’s missile launches heightened security concerns in the peninsula, prompting voters to favor the incumbent Democratic Party and causing a dip in support for the opposition People Power Party.
South Korean President Lee returns to presidential palace
Democratic Party of Korea (DP) jumps to 96%5%
President Lee Jae Myung's return to the traditional presidential palace, Cheong Wa Dae, symbolized a definitive break from the legacy of his predecessor, Yoon Suk Yeol. This move bolstered the standing of the Democratic Party, helping its market price recover from the previous day's volatility.
BTS comeback concert in Seoul draws tens of thousands of fans
Democratic Party of Korea (DP) rises to 95%2%
The highly publicized BTS comeback concert in Seoul boosted national morale and cultural pride, indirectly supporting the Democratic Party of Korea by enhancing the positive public sentiment during the election period.
PPP Approval Rating Dips to 17% in Major National Poll
People Power Party (PPP) dips to 4%1%
A major national poll showed the PPP's approval rating at a dismal 17%, which likely contributed to the PPP's low market price and the DP's strong position. This negative sentiment for the PPP was a key factor in the market dynamics.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) drops to 91%5%
Prosecutors requested the death penalty for former President Yoon Suk Yeol during a closing hearing, highlighting the severity of the insurrection charges related to his 2024 martial law declaration. This event reinforced the political isolation of the conservative People Power Party, contributing to a slight dip in the DP's market price as the political landscape remained volatile.
South Korean court sentences former President Yoon to five years in prison
Democratic Party of Korea (DP) dips to 93%3%
A court delivered a five-year prison sentence to former President Yoon for his role in the martial law crisis, further cementing the political consequences for the conservative bloc.
K-pop group BTS stages comeback concert in Seoul
BTS held a major comeback concert in Seoul, drawing tens of thousands of fans and highlighting cultural vibrancy in the city. While a significant social event, it had no direct impact on the local election market probabilities.
People Power Party price peaks amid legal uncertainty
People Power Party (PPP) rises to 7%4%
The People Power Party saw a brief increase in its market price, reaching a high of 7% as news surrounding the legal proceedings of former President Yoon Suk Yeol continued to dominate the political landscape.
Democratic Party of Korea faces slight dip amid political uncertainties
Democratic Party of Korea (DP) dips to 91%4%
On March 18, 2026, the Democratic Party of Korea's market price dipped to a low of 91%, reflecting temporary concerns or uncertainties about their electoral prospects. This was followed by a quick recovery, indicating that the market viewed the dip as a short-term fluctuation rather than a fundamental change in the DP's chances.
Poll shows People Power Party trailing Democratic Party in all regions except Daegu and Gyeongbuk
People Power Party (PPP) dips to 4%1%
A poll released in mid-March showed the People Power Party with lower approval ratings than the Democratic Party of Korea in nearly all regions except Daegu and Gyeongbuk, highlighting the PPP's regional weaknesses and contributing to price volatility in the market.
Conservative People Power Party struggles amid martial law scandal and internal splits
People Power Party (PPP) dips to 3%3%
BusinessWorld Online reported the PPP's difficulties recovering from the fallout of former President Yoon's martial law declaration and impeachment, leading to a decline in market support for the PPP and strengthening the DP's position.
Seoul Mayor Oh Se-hoon to register as People Power Party candidate for local elections
Democratic Party of Korea (DP) dips to 95%1%
Seoul Mayor Oh Se-hoon announced his candidacy registration with the opposition People Power Party, reflecting ongoing challenges for the PPP and indirectly supporting the Democratic Party's dominant market position.
Democratic Party of Korea price dips slightly
Democratic Party of Korea (DP) dips to 95%1%
The Democratic Party of Korea's market price experienced a minor decline, dropping from 96% to 95% as market participants adjusted their expectations following ongoing political developments.
Seoul Mayor Oh Se-hoon announces candidacy registration with People Power Party
Oh Se-hoon declared his intention to register as the PPP candidate for Seoul mayor, emphasizing responsibility and party unity despite previous demands for party reform. This move clarified the PPP's candidate situation in Seoul but did not significantly boost market confidence due to ongoing internal disputes.
People Power Party opens additional applications for Seoul mayoral candidate
Democratic Party of Korea (DP) dips to 95%1%
The PPP announced an additional round of applications for its Seoul mayoral candidate, signaling ongoing internal competition and uncertainty in candidate selection, which may have weakened the party's position relative to the Democratic Party.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) dips to 95%1%
The Constitutional Court removed the police chief for supporting former President Yoon's martial law decree, underscoring the legal consequences faced by Yoon's allies and further weakening the conservative camp. This reinforced market confidence in the Democratic Party of Korea's position ahead of the local elections.
South Korean President Lee returns to traditional presidential palace, signaling political stability
Democratic Party of Korea (DP) rises to 95%2%
President Lee Jae Myung's return to the Blue House, avoided by his predecessor Yoon, symbolized a restoration of political normalcy and strengthened the Democratic Party's public image ahead of the local elections, supporting market confidence in their victory.
People Power Party's nomination committee cuts incumbent Chungbuk governor, igniting internal nomination conflict
People Power Party (PPP) dips to 2%1%
The PPP's Nomination Management Committee excluded incumbent Chungbuk Governor Kim Young-hwan from nomination, sparking a 'nomination civil war' and deepening party divisions, negatively impacting PPP's market standing.
South Korean president visits China as tensions with Japan over Taiwan rise
Democratic Party of Korea (DP) rises to 94%3%
President Lee Jae Myung's visit to China aimed to strengthen bilateral ties and promote peace on the Korean Peninsula amid regional tensions. This diplomatic effort likely bolstered the Democratic Party's standing by demonstrating proactive leadership ahead of local elections.
President Lee unveils major social‑welfare push ahead of local elections
Democratic Party of Korea (DP) rises to 96%1%
President Lee announced a new policy package aimed at expanding social welfare and infrastructure, presented as a Democratic Party initiative. The pledge lifted Democratic Party market confidence, nudging odds up from 95 % to 96 % that week.
South Korean President Lee Jae Myung visits China to bolster trade and regional stability
Democratic Party of Korea (DP) rises to 96%2%
President Lee Jae Myung's visit to China aimed to strengthen economic ties and promote peace amid regional tensions, enhancing the Democratic Party of Korea's image as a stabilizing force. This diplomatic engagement likely contributed to increased market confidence in the DP's electoral prospects.
People Power Party nominates incumbents for Daejeon mayor and South Chungcheong governor
The People Power Party nominated incumbent officials Lee Jang-woo and Kim Tae-heum as sole candidates for Daejeon mayor and South Chungcheong governor, respectively. This move aimed to consolidate conservative support but had limited impact on reversing the party's declining market probability.
People Power Party faces internal disarray and declining public support ahead of elections
People Power Party (PPP) dips to 3%1%
On March 13, reports detailed the PPP's internal divisions, refusal of Seoul Mayor Oh Se-hoon to seek re-election under PPP, and the party's failure to clearly distance itself from former President Yoon, contributing to its low market price.
People Power Party candidates urge Seoul Mayor Oh Se-hoon to end nomination standoff
People Power Party (PPP) dips to 3%2%
Internal tensions within the People Power Party intensified as candidates publicly urged incumbent Mayor Oh Se-hoon to apply for the party's nomination, highlighting party divisions and weakening their electoral position, which negatively impacted market confidence in the PPP.
Gallup Korea poll shows Democratic Party approval rises to 47%, PPP falls to 20%
A Gallup Korea poll released on March 13 showed the Democratic Party's approval rating rose to 47%, its highest since President Lee took office, while the PPP's support fell to 20%, indicating growing public confidence in the DP ahead of the elections.
People Power Party leader apologizes for martial law crisis, announces party name change
People Power Party (PPP) rises to 4%1%
On January 7, 2026, PPP leader Jang Dong-hyeok apologized for the martial law crisis and announced a party name change, but the impact on market prices was seen around mid-March as the party struggled to recover public support, causing a slight price increase reflecting cautious optimism.
Seoul Mayor Oh Se-hoon delays PPP candidacy registration amid party tensions
Seoul Mayor Oh Se-hoon postponed his application for the PPP nomination for the local elections, citing lack of party reforms. This prolonged internal tensions within the PPP and highlighted challenges in candidate recruitment for key metropolitan races.
People Power Party opens additional nominations for Seoul and South Chungcheong
People Power Party (PPP) dips to 6%2%
The People Power Party's decision to open additional nominations for key regions like Seoul indicated internal challenges and uncertainty within the party, contributing to a decline in market confidence and a drop in the PPP's price.
PPP opens extra nominations for Seoul and South Chungcheong ahead of local elections
People Power Party (PPP) rises to 5%2%
PPP opened additional nominations for Seoul and South Chungcheong, signaling a strategic push to field more candidates and temporarily boosting PPP’s market share to 5 % on 2026‑03‑19.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Prosecutors sought the death penalty for former President Yoon Suk Yeol for his role in the 2024 martial law declaration, highlighting the severity of his political downfall and reinforcing the dominance of the Democratic Party of Korea. This event likely solidified market confidence in the DP's electoral prospects, as Yoon's conservative People Power Party faced reputational damage.
PPP approval rating at 17% amid internal party conflict
Low PPP approval rating and internal factional fighting reduced party credibility and likely contributed to market skepticism about PPP's ability to win.
People Power Party faces internal turmoil and low approval ahead of local elections
The PPP's approval rating dropped to a record low amid factional disputes and the expulsion of former party leader Han Dong-hoon. The party struggled to recruit candidates for key races, including Seoul mayor, with prominent figures hesitant to run, weakening its electoral prospects.
PPP leader calls for election‑monitoring task force amid fraud rumors
People Power Party (PPP) rises to 4%1%
PPP leader Jang Dong‑hyeok proposed a task‑force to monitor the June local elections amid rising election‑fraud narratives. The move was widely reported as a sign of internal anxiety, contributing to a temporary increase in PPP odds (from 3 % to 4 % on 2026‑03‑10) before the later Daegu cut‑off news pulled the price down.
South Korea’s June elections seen as test of President Lee’s governing power
Democratic Party of Korea (DP) rises to 96%1%
Analysis highlighted that the June 3 local elections would serve as a nationwide referendum on President Lee Jae Myung's first year in office, with the Democratic Party expected to leverage his popularity to secure control of key metropolitan and provincial jurisdictions, reinforcing market confidence in the DP's lead.
South Korea’s June local elections to test President Lee Jae Myung’s governing power
An article highlighted that the upcoming June 3 local elections would be a test of President Lee Jae Myung's ability to convert his political strength into durable governing power nationwide, reinforcing the Democratic Party's strong position and influencing market confidence in the DP's prospects.
PPP announces Seoul mayoral primary will use 50% public poll and 50% member votes
The PPP's decision to blend public opinion polls with party member votes in the final primary could increase legitimacy and voter trust in the process.
Analysis highlights June local elections as test of President Lee Jae Myung's governing power
Democratic Party of Korea (DP) rises to 96%1%
An analysis emphasized that the June 3 local elections would test whether President Lee Jae Myung could extend his political strength nationwide. The ruling Democratic Party's dominance in national politics and the opposition's weakened state were expected to influence the election outcome, supporting the market's high confidence in the Democratic Party's victory.
Gallup Poll Shows Lee Jae-myung Leads in South Korean Presidential Race
Democratic Party of Korea (DP) rises to 96%1%
A Gallup survey revealed Lee Jae-myung leading with 49% support, ahead of conservative Kim Moon-soo with 35%, reinforcing the Democratic Party's strong position and boosting confidence in their chances for the local elections.
PPP Adopts 'Korea Series' Primary for Local Elections
People Power Party (PPP) rises to 3%1%
The PPP announced a 'masked singer primary' system for its mayoral and gubernatorial nominations, where non-incumbent candidates compete first before facing the incumbent. This could have increased PPP's visibility and competitiveness, but the market remained heavily in DP favor.
People Power Party adopts 'Korea Series' primary system for local elections
People Power Party (PPP) dips to 6%2%
The PPP introduced a 'masked singer primary' system for metropolitan mayor and provincial governor nominations, aiming to resolve internal disputes and strengthen candidate selection. Despite this, the party faced challenges in consolidating support, which limited its market recovery.
President Lee Jae‑myung meets Xi Jinping in Beijing to boost ties
Democratic Party of Korea (DP) rises to 96%1%
Lee’s high‑profile visit to China and the signing of multiple cooperation agreements signaled strong diplomatic momentum for the ruling Democratic Party, nudging its market price upward.
President Lee Jae Myung's high approval boosts Democratic Party ahead of local elections
Democratic Party of Korea (DP) rises to 96%1%
President Lee Jae Myung's approval rating reached a post-inauguration high of 67%, bolstering the Democratic Party's outlook for the local elections and reinforcing market confidence in their electoral success across traditionally conservative regions.
South Korean Constitutional Court removes police chief over martial law involvement
The Constitutional Court removed the police chief for supporting Yoon's martial law, underscoring the legal and political consequences faced by Yoon's allies and further weakening conservative influence ahead of local elections, bolstering the Democratic Party's position.
South Korean President Lee returns to presidential palace avoided by predecessor
President Lee Jae Myung moved back to the traditional presidential palace, symbolically distancing his administration from the turmoil of former President Yoon's tenure. This move reinforced the Democratic Party's image of stability and governance, supporting their strong market position.
South Korean President Lee Jae Myung returns to traditional presidential palace, signaling political consolidation
Democratic Party of Korea (DP) rises to 96%1%
President Lee's move back to Cheong Wa Dae, avoided by his predecessor Yoon, symbolized a restoration of traditional governance and strengthened the Democratic Party's image, contributing to increased market confidence in the DP ahead of the local elections.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 96%1%
The Constitutional Court removed the police chief for supporting Yoon's martial law imposition, highlighting the judiciary's stance against the former president's actions and reinforcing the political shift favoring the Democratic Party of Korea.
South Korean court sentences former President Yoon to 5 years in prison on martial law charges
Democratic Party of Korea (DP) rises to 96%1%
The court sentenced Yoon to five years in prison for charges related to his martial law decree, marking the first verdict in a series of trials. This legal outcome diminished the conservative party's influence and bolstered the Democratic Party of Korea's perceived electoral strength.
People Power Party declines to comment on prosecutors’ death‑penalty request for Yoon
People Power Party (PPP) dips to 3%1%
The People Power Party (PPP) issued a brief statement distancing itself from Yoon’s legal troubles, refusing to comment on the prosecutors’ request. The lack of a proactive defence and the association with Yoon’s scandal caused market confidence in PPP to slip, pushing its odds from 4 % down to 3 %.
People Power Party nominates Yang Hyang-ja for Gyeonggi Province governor
People Power Party (PPP) dips to 6%2%
The PPP completed its candidate slate by nominating Yang Hyang-ja, a prominent figure, for a key gubernatorial race, but this was insufficient to reverse the party's declining market support, which remained below 10%.
Democratic Party maintains strong public support amid election preparations
In early March, polls and political analysis indicated the Democratic Party's strong lead over the People Power Party, with the DP expected to perform well in the local elections. This sustained public support was reflected in the market's stable high pricing for the DP outcome.
Democratic Party confirms key candidates for June local elections
Democratic Party of Korea (DP) rises to 95%1%
The Democratic Party of Korea confirmed nominations of prominent figures for key local government positions, including candidates for Gangwon Province governor and Incheon mayor. This strengthened market confidence in the Democratic Party's chances of winning the local elections, contributing to a rise in their market price.
Democratic Party confirms key nominations for local elections in strategic regions
Democratic Party of Korea (DP) rises to 96%1%
The Korea Herald reported the DP's confirmation of prominent candidates for key gubernatorial and mayoral races, including Kim Kyoung-soo for South Gyeongsang Province, reinforcing the party's electoral strength and boosting market confidence.
President Lee Jae Myung's approval rating hits highest level since inauguration
Democratic Party of Korea (DP) rises to 96%1%
President Lee Jae Myung's approval rating climbed to 67%, the highest since taking office, boosting the ruling Democratic Party's popularity to 45% while the opposition PPP dropped to 17%. This surge in approval further solidified market expectations of a DP victory in the local elections.
Poll shows Democratic Party leads with 45% support, PPP at 17%
Democratic Party of Korea (DP) rises to 96%2%
A National Barometer Survey released showed the Democratic Party of Korea enjoying a commanding 45% support compared to the People Power Party's 17%, reinforcing market confidence in the DP's likely victory and contributing to the DP price rise and PPP decline.
Prime Minister vows zero‑tolerance for fake news before local elections
Democratic Party of Korea (DP) rises to 96%1%
Prime Minister Kim Min‑seok announced a zero‑tolerance policy for fake news ahead of the June local elections, reassuring voters about election integrity. The pledge was interpreted as a boost for the ruling DP, coinciding with a rise from 95 % to 96 % in DP probability.
National Election Commission promotes 100-day countdown to local elections
Democratic Party of Korea (DP) rises to 96%1%
On February 23, 2026, the National Election Commission held events to promote the 100-day countdown to the June 3 local elections, marking the official start of the election season. This formal countdown increased public and political focus on the elections, supporting the market's sustained confidence in the Democratic Party's prospects.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 96%2%
The Constitutional Court removed the impeached police chief for supporting Yoon’s martial law decree, highlighting the ongoing fallout from the 2024 political crisis. This event further diminished confidence in the conservative PPP and bolstered the DP’s perceived electoral advantage.
South Korean President Lee seeks China's mediation on North Korea issues
Democratic Party of Korea (DP) rises to 96%1%
President Lee's diplomatic efforts to engage China as a mediator on North Korea issues aimed to stabilize regional tensions, bolstering his administration's image and the Democratic Party's electoral prospects.
100-day countdown begins for South Korea local elections; candidates must resign by March 5
Democratic Party of Korea (DP) rises to 96%1%
The official countdown to the June 3 local elections started, with rules requiring public officials to resign by March 5 to run. This formalization of the election timeline intensified campaign activities and solidified market expectations for the Democratic Party's strong showing.
PPP to postpone name‑change plan until after local elections
People Power Party (PPP) dips to 3%1%
A report that PPP was considering a post‑election name change underscored the party’s weakened position and strategic uncertainty, contributing to the market’s final dip for PPP and bolstering confidence in the Democratic Party’s dominance.
Gallup Korea poll shows ruling Democratic Party popularity doubles that of People Power Party
Democratic Party of Korea (DP) rises to 95%2%
A Gallup Korea poll released on February 13 showed the Democratic Party's popularity at 44%, double that of the People Power Party at 22%, reinforcing market confidence in the DP's dominance ahead of the local elections and contributing to the DP's price rise and PPP's decline.
Democratic Party formulates strategy to reclaim 10 regions from People Power Party
Democratic Party of Korea (DP) rises to 96%2%
The Democratic Party of Korea announced plans to defend its stronghold in Honam and recapture 10 regions currently held by the People Power Party, including Seoul and other key provinces, indicating strong campaign momentum and strategic focus that increased market confidence in the Democratic Party.
Ruling Democratic Party formulates strategy amid opposition candidate shortages
The Democratic Party of Korea prepared election strategies to defend its strongholds and recapture regions held by the People Power Party, which was struggling with candidate recruitment and internal strife ahead of the June local elections.
People Power Party approval drops to 17%, ties Democratic Party in strongholds
People Power Party (PPP) dips to 3%3%
A Gallup Korea poll showed the People Power Party's approval rating dropping to 17%, tying with the Democratic Party in some strongholds, reflecting the PPP's weakening position and internal struggles, which contributed to the market's decline in PPP's price and rise in DP's price.
Ruling Democratic Party remains favored as local elections approach
Democratic Party of Korea (DP) rises to 96%2%
As the June 3 local elections near, the Democratic Party of Korea is widely expected to win decisively, supported by strong public approval and effective leadership, which is reflected in the party's market price rising to 96%.
Rival parties gear up for local elections amid political polarization and PPP crisis
Democratic Party of Korea (DP) rises to 96%2%
On February 22, reports highlighted the Democratic Party's aim to strengthen its mandate and the People Power Party's struggle to overcome a crisis following former President Yoon's failed martial law declaration, reinforcing DP's market strength and PPP's weakness.
100-day countdown begins with Democratic Party leading in polls
Democratic Party of Korea (DP) rises to 97%2%
A Gallup Korea poll on February 13 showed the ruling Democratic Party with 44% support, double that of the People Power Party's 22%, setting the stage for the local elections and boosting DP's market confidence.
Ruling Democratic Party fast-tracks merger of Daejeon and South Chungcheong Province
Democratic Party of Korea (DP) rises to 96%2%
The Democratic Party of Korea announced plans to merge Daejeon and South Chungcheong Province to address regional population imbalances and economic disparities. The opposition accused the ruling party of rushing the plan for electoral advantage. This development was seen as a strategic move by the DP to consolidate regional power ahead of the elections, bolstering market confidence in the DP.
Candidate registrations and official campaigning dates announced for June local elections
Democratic Party of Korea (DP) rises to 96%2%
The Korea Herald reported that candidate registrations were scheduled for May 14-15, with official campaigning starting May 21, marking a key milestone in the election timeline and solidifying market expectations for the DP's strong positioning.
South Korean court sentences former President Yoon to 5 years in prison over martial law decree
People Power Party (PPP) dips to 3%2%
The sentencing of former President Yoon to five years in prison marked a significant legal defeat for the conservative PPP, further weakening its electoral prospects. This event coincided with a rise in the Democratic Party of Korea's market price, reflecting increased confidence in their electoral success.
PPP leader proposes election monitoring task force amid fraud narrative debate
People Power Party (PPP) dips to 3%1%
People Power Party leader Jang Dong-hyeok proposed a task force to monitor the upcoming local elections, responding to viral election fraud debates. This move highlighted internal PPP struggles and contributed to market skepticism about the party's electoral prospects, reflected in continued price declines.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) dips to 94%1%
The Constitutional Court removed the impeached police chief for supporting former President Yoon Suk Yeol’s brief martial law imposition in December 2024. This event underscored ongoing political instability but did not shift the local election market significantly, as the Democratic Party remained favored.
Democratic Party leader proposes merger with Rebuilding Korea Party before elections
Democratic Party of Korea (DP) rises to 96%2%
On February 20, 2026, Democratic Party leader Jung Chung-rae proposed a merger with the Rebuilding Korea Party to consolidate liberal forces ahead of the local elections. Although the idea was later dropped due to internal discord, this move signaled the DP's strategy to strengthen its position, supporting the market's confidence in the DP outcome.
President Lee Jae‑myung’s approval hits 60 % ahead of local elections
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae‑myung’s high approval rating and his public endorsement of the DP’s policy agenda reinforced voter confidence, coinciding with the steady rise of the DP’s market price through late February.
Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 96%2%
The formal removal of the police chief for his role in the martial law attempt highlighted the systemic failures of the previous administration, boosting the Democratic Party's narrative of accountability.
Ruling Democratic Party fast-tracks regional merger plan amid opposition criticism
Democratic Party of Korea (DP) rises to 96%1%
The Democratic Party pushed forward a plan to merge Daejeon and South Chungcheong Province, aiming to address regional population imbalances and gain electoral advantage. The opposition People Power Party criticized the move as politically motivated, but the DP's proactive policy initiative likely bolstered market confidence in its electoral strength.
Democratic Party leader Jung Chung-rae proposes merger with Rebuilding Korea Party but idea dropped
Democratic Party of Korea (DP) rises to 96%1%
Ruling Democratic Party leader Jung Chung-rae proposed a merger with the minor Rebuilding Korea Party to consolidate liberal forces ahead of the local elections. However, internal discord led to the idea being dropped, maintaining the status quo but highlighting strategic maneuvers within the DP.
Democratic Party of Korea welcomes prosecution's death penalty request for Yoon
Democratic Party of Korea (DP) rises to 95%1%
The Democratic Party of Korea publicly supported the prosecution's call for the death penalty, framing it as a necessary step for justice and constitutional order, which bolstered their political position.
People Power Party leader apologizes for martial law crisis and announces party name change
People Power Party (PPP) dips to 6%2%
PPP leader Jang Dong-hyeok's public apology for the martial law crisis and announcement of a party name change reflected attempts to address public dissatisfaction, but also highlighted party instability, which negatively impacted the PPP's market price.
Democratic Party merger talks with Rebuilding Korea Party collapse
Democratic Party of Korea (DP) rises to 96%1%
The collapse of merger negotiations between the Democratic Party and the Rebuilding Korea Party exposed internal discord but did not significantly weaken the DP's favorable position in the local elections, maintaining market confidence in DP's lead.
South Korean court sentences former President Yoon to 5 years in prison over martial law decree
Democratic Party of Korea (DP) rises to 96%2%
A South Korean court sentenced former President Yoon Suk Yeol to five years in prison related to his brief martial law declaration, reinforcing the political shift away from the conservative PPP and strengthening the DP's position ahead of the local elections.
Seoul Central District Court to deliver verdict on Yoon's rebellion charge
Democratic Party of Korea (DP) rises to 96%2%
The court was scheduled to rule on Yoon's rebellion charge, with prosecutors seeking the death penalty. The anticipation of this verdict influenced market prices, solidifying the Democratic Party's dominance as Yoon's legal troubles continued to undermine the conservative party.
Ally of Yoon sentenced to 23 years in prison for rebellion over martial law
Democratic Party of Korea (DP) rises to 96%1%
Yoon's prime minister was sentenced to 23 years for rebellion related to martial law, further weakening the People Power Party's standing and strengthening the Democratic Party's outlook for the elections.
South Korean court sentences former President Yoon to 5 years in prison over martial law
Democratic Party of Korea (DP) rises to 95%1%
The court sentenced Yoon to five years in prison for charges related to his martial law decree, confirming his political downfall and boosting the Democratic Party's position in the upcoming local elections.
South Korean court to deliver verdict on former President Yoon’s rebellion charges
Democratic Party of Korea (DP) rises to 96%1%
The court was scheduled to rule on Yoon's rebellion charges, with prosecutors having sought the death penalty. The anticipation of a harsh verdict further undermined the People Power Party's position and reinforced the Democratic Party of Korea's dominance in the political landscape ahead of the local elections.
Martial law scandal involving former President Yoon Suk Yeol looms over local elections
Democratic Party of Korea (DP) rises to 96%1%
The ongoing political crisis surrounding former President Yoon Suk Yeol's short-lived martial law declaration in December 2024 and related impeachment process weakened the People Power Party's standing, benefiting the Democratic Party's position in the local elections market.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 96%2%
Prosecutors requested the death penalty for former President Yoon Suk Yeol for leading an insurrection via martial law declaration, highlighting the severity of his political downfall and diminishing conservative prospects. This reinforced market confidence in the Democratic Party of Korea, as Yoon's legal troubles undermined the conservative People Power Party's standing.
South Korean court sentences ex-President Yoon to life imprisonment for martial law attempt
The court's life sentence for former President Yoon Suk Yeol on charges related to his 2024 martial law attempt further damaged the PPP's image and electoral chances, reinforcing the Democratic Party's dominant position ahead of the local elections.
Former President Yoon Suk Yeol sentenced to life for insurrection
Democratic Party of Korea (DP) dips to 94%1%
Yoon Suk Yeol, former president and leader of the conservative PPP, was sentenced to life imprisonment in February 2026 for masterminding an insurrection related to his brief martial law declaration in 2024. This severely damaged the PPP's public image and electoral prospects, boosting the Democratic Party's chances in the upcoming local elections.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 3%4%
Prosecutors requested the death penalty for Yoon, the first such request in South Korea after leaving office, signaling a major political and judicial reckoning that likely contributed to the PPP's declining market position.
Seoul court sentences former Prime Minister Han Duck-soo to 23 years for rebellion in martial law case
People Power Party (PPP) dips to 3%2%
The court ruling against Han Duck-soo, a key figure in the martial law imposition linked to former President Yoon Suk Yeol, underscored the legal and political troubles facing the conservative PPP. This event likely contributed to the PPP's low market price and internal party struggles ahead of the elections.
Former President Yoon Suk-yeol sentenced to life imprisonment for insurrection
People Power Party (PPP) dips to 3%3%
The Seoul Central District Court sentenced former President Yoon Suk-yeol to life in prison for leading an insurrection by declaring martial law, severely damaging the reputation and electoral prospects of the People Power Party, which is closely associated with him. This event contributed to a sharp decline in PPP market prices.
South Korean Court Convicts Former President Yoon for Martial Law Insurrection
The Seoul Central District Court found former President Yoon Suk Yeol guilty of leading an insurrection during his December 2024 attempt to impose martial law, a major political development that strengthened the ruling Democratic Party's position as the legitimate governing party.
Lee Jae-myung's Approval Rating Surges to 61.9% in National Poll
Democratic Party of Korea (DP) rises to 96%2%
A Realmeter survey showed Lee Jae-myung's approval rating at 61.9%, significantly ahead of the PPP's 32.8%, reinforcing DP's strong position and market confidence in their likely victory.
Democratic Party shifts campaign focus to economic issues after reform push
Following the Lunar New Year, the Democratic Party emphasized political reform and economic relief in its campaign strategy, aiming to broaden support beyond its base. This strategic focus helped maintain market confidence in the party's electoral strength.
Parties shift into high gear for June local elections after Lunar New Year break
Following the Lunar New Year, political parties intensified campaign efforts and candidate preparations, solidifying the Democratic Party's lead and further diminishing the People Power Party's prospects in the market.
Democratic Party intensifies candidate vetting and nomination process for June local elections
Democratic Party of Korea (DP) dips to 94%1%
The Democratic Party of Korea began formal interviews and vetting of gubernatorial and mayoral hopefuls in late February, signaling a strong organizational push to finalize candidates by April 20. This early preparation reinforced market confidence in the DP's prospects, reflected in stable high prices around 94-96%.
Political parties shift into high gear for June local elections after Lunar New Year break
Democratic Party of Korea (DP) rises to 95%1%
Both the Democratic Party and People Power Party intensified preparations for the June local elections, with the DP focusing on reform legislation and economic issues to broaden support, while the PPP faced internal tensions and boycotted parliamentary sessions. This dynamic reinforced market confidence in the DP and contributed to PPP's price weakness.
Parties ramp up preparations for June local elections after Lunar New Year
Democratic Party of Korea (DP) rises to 97%2%
Following the Lunar New Year, major parties including the Democratic Party and People Power Party intensified candidate selection and campaign preparations. The Democratic Party focused on reform and economic relief themes, solidifying its campaign strategy and candidate lineup, which supported its market position as the likely winner.
Former President Yoon Suk Yeol sentenced to five years in prison
Democratic Party of Korea (DP) rises to 96%2%
The court’s verdict against the former conservative president reinforced public perception of the Democratic Party’s anti‑corruption stance, pushing DP’s odds higher while further eroding support for the People Power Party.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 96%2%
The Constitutional Court removed the impeached police chief for supporting former President Yoon's martial law declaration, highlighting the legal and political consequences faced by Yoon's allies. This event likely reinforced market confidence in the Democratic Party of Korea's dominance in the local elections.
Prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) dips to 94%1%
Prosecutors requested the death penalty for former President Yoon Suk Yeol during his trial for insurrection related to the 2024 martial law declaration. This high-profile legal action reinforced the political damage to the conservative opposition.
Former President Yoon Suk‑yeol sentenced to five years in prison
Democratic Party of Korea (DP) rises to 95%1%
A Seoul court handed former President Yoon a five‑year prison term for his role in the 2024 martial‑law episode, underscoring the Democratic Party’s dominance and diminishing the People Power Party’s standing ahead of local elections.
North Korea launches ballistic missiles amid South Korea-China summit
Democratic Party of Korea (DP) rises to 95%1%
North Korea's missile launches heightened regional tensions but did not significantly disrupt the DP's strong market position, as the government managed diplomatic responses effectively.
South Korean prosecutors seek death penalty for former President Yoon
Democratic Party of Korea (DP) rises to 95%1%
Prosecutors filed a death‑penalty request against ex‑President Yoon Suk Yeol, a figurehead of the People Power Party, intensifying criticism of the party and bolstering the Democratic Party’s standing ahead of local elections.
South Korean prosecutors seek death penalty for ex‑President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 96%2%
Prosecutors asked a court to impose the death penalty on former President Yoon Suk Yeol for insurrection. The move was framed as a fight against the conservative legacy of Yoon, prompting a surge in public support for the opposition Democratic Party of Korea, which rose from 94 % to 96 % in market odds that day.
South Korea's Mega-City Ambitions Split the Right, PPP Retreats from Daejeon-Chungnam Merger
Democratic Party of Korea (DP) rises to 96%1%
The PPP unexpectedly reversed its position on merging Daejeon and Chungnam into a special metropolitan city, citing fear of losing the unified metropolitan election, which created a major internal fracture within the conservative party and strengthened the Democratic Party's position.
South Korean court sentences former President Yoon to 5 years in prison on martial law charges
Democratic Party of Korea (DP) rises to 96%2%
A court sentenced Yoon to five years in prison for obstructing his arrest and other charges related to his martial law decree, marking a significant legal defeat for the conservative camp and reinforcing the Democratic Party's market position.
Gallup Korea poll shows Democratic Party popularity doubles People Power Party
Democratic Party of Korea (DP) rises to 96%4%
A Gallup Korea poll released on February 13 showed the ruling Democratic Party's popularity at 44%, double that of the People Power Party at 22%. This reinforced market confidence in the DP's strong position ahead of the local elections.
Gallup Korea poll shows DPK at 44% vs PPP at 22%
Democratic Party of Korea (DP) surges to 95%88%
A Gallup Korea poll released on February 13 showed the ruling Democratic Party at 44% support, double the 22% of the People Power Party, boosting DPK confidence ahead of the June 3 local elections.
People Power Party suspends lawmaker Bae Hyun-jin amid internal conflict
People Power Party (PPP) dips to 3%3%
The PPP suspended prominent lawmaker Bae Hyun-jin for one year over defamation allegations, deepening internal factional strife and lowering party approval ratings. This disciplinary action contributed to the decline in PPP market price during February and March 2026.
Gallup poll shows DP leads PPP by 22 points
Democratic Party of Korea (DP) rises to 94%4%
Gallup Korea released a poll showing the Democratic Party at 44 % support, more than double the People Power Party’s 22 %. The wide gap reinforced market confidence in the DP and pushed its price from 90 % to 94 % over the next week.
Gallup Korea poll shows ruling Democratic Party at 44%, doubling PPP's 22% support
Democratic Party of Korea (DP) rises to 95%1%
A Gallup Korea poll released on February 13 indicated the Democratic Party's popularity at 44%, twice that of the People Power Party's 22%, signaling strong voter support for the DP ahead of the local elections and boosting market confidence in their victory.
South Korean court sentences former President Yoon to 5 years in prison
Democratic Party of Korea (DP) dips to 94%2%
The sentencing of former President Yoon Suk Yeol for his role in the martial law declaration further weakened the conservative People Power Party's standing, solidifying the Democratic Party's electoral advantage.
Feb‑13 Gallup poll: DP 44 % vs PPP 22 %
Democratic Party of Korea (DP) rises to 96%2%
Gallup Korea’s mid‑February poll reported DP support at 44 % versus just 22 % for the PPP, widening the gap and causing the DP price to climb sharply while the PPP price fell further.
Feb‑13 Gallup poll drops PPP to 22 % support
People Power Party (PPP) dips to 3%2%
The same Feb‑13 Gallup poll that lifted the DP also cut the PPP’s standing to 22 %, causing the market price for PPP to tumble further toward the low single digits.
President Lee Jae Myung returns to Cheong Wa Dae, signaling stability for DP
Democratic Party of Korea (DP) rises to 95%3%
Lee’s move back to the historic presidential palace was interpreted as a consolidation of Democratic Party power, lifting DP’s market price toward its peak.
PPP lawmakers boycott parliamentary session over judicial reform bills
People Power Party (PPP) dips to 3%2%
PPP lawmakers boycotted a National Assembly plenary session in protest of newly passed judicial‑reform bills, signalling internal dissent and hurting the party’s public image; the market price for PPP fell further.
North Korea launches short‑range ballistic missiles into the sea
North Korea fired several short‑range missiles, heightening regional security concerns and casting doubt on the conservative People Power Party’s ability to manage North‑South relations, leading to a price drop for PPP.
People Power Party picks Lee Jeong-hyeon for local election nominations
People Power Party (PPP) dips to 3%2%
The PPP announced the nomination of Lee Jeong-hyeon for local election candidacy, marking a key step in candidate selection. However, internal party struggles and public controversies surrounding the PPP limited positive market impact, contributing to a slight price decline.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 96%2%
Prosecutors formally requested the death penalty for former President Yoon Suk Yeol, accused of leading an insurrection by imposing martial law in 2024. This high-profile legal development underscored the political dominance of the Democratic Party and likely reinforced market confidence in the DP's electoral prospects, contributing to the price increase.
Democratic Party signals possible electoral alliance with Rebuilding Korea Party
The Democratic Party of Korea expressed openness to an electoral alliance with the Rebuilding Korea Party after merger talks collapsed, signaling strategic coalition-building to strengthen its position in the local elections. This move likely boosted market confidence in the DP's electoral prospects, reflected in stable or rising prices.
Democratic Party faces internal rifts over merger with Rebuilding Korea Party
Democratic Party of Korea (DP) rises to 91%1%
Disagreements within the Democratic Party about merging with the minor Rebuilding Korea Party created internal tensions but did not significantly dent the party's dominant market position, which remained near 90%.
North Korea launches ballistic missiles amid regional tensions
Democratic Party of Korea (DP) rises to 96%1%
North Korea's missile launches heightened regional security concerns, complicating the political environment. The South Korean government's response and President Lee's diplomatic efforts with China reinforced the DP's image as a stable leadership, contributing to the DP's market price strength and PPP's decline.
Power struggle intensifies within People Power Party ahead of local elections
People Power Party (PPP) dips to 3%3%
Internal conflicts within the PPP escalated, with disciplinary actions considered against Seoul party chair Bae Hyun-jin, undermining party unity and nomination processes, which likely contributed to the party's declining electoral prospects and market price.
Internal rifts deepen across parties ahead of June 3 local elections
Democratic Party of Korea (DP) rises to 94%2%
Both the ruling Democratic Party and the main opposition People Power Party faced intensifying internal strife and factional disputes, raising concerns about their electoral footing. Despite this, DP maintained a strong lead in the market.
Democratic Party celebrates K-pop’s historic Grammy win, boosting national pride
Democratic Party of Korea (DP) rises to 95%1%
The Democratic Party hailed the Grammy win of the K-pop song 'Golden' as a significant cultural achievement, enhancing the party's positive image and national pride. This cultural milestone contributed to a slight increase in DP's market price during early February.
South Korean president visits China to seek mediation on North Korea issues
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae Myung's visit to China aimed to engage Beijing as a mediator to ease tensions with North Korea, enhancing his government's diplomatic standing. This bolstered the Democratic Party's image as capable leaders, supporting their strong position in the local elections market.
South Korean police summon civilian over alleged drone flights toward North Korea
Democratic Party of Korea (DP) rises to 96%1%
Authorities detained a civilian suspected of sending drones across the border, intensifying anti‑North Korea sentiment and raising concerns about national security, which benefited the ruling Democratic Party.
South Korea's PPP Criticizes Military Readiness Posture Under DP Administration
Democratic Party of Korea (DP) rises to 96%2%
PPP legislator Park Chung-kwon criticized the DP administration's North Korea policy during a National Assembly session, prompting the DP to consider expelling Park. This intra-party conflict and PPP's weakened position contributed to DP's price stability and market confidence.
Ruling Democratic Party fast-tracks merger of Daejeon and South Chungcheong Province
Democratic Party of Korea (DP) rises to 94%2%
The Korea Herald reported the DP's push to merge Daejeon and South Chungcheong Province, a move seen as a strategic electoral advantage, sparking opposition criticism and reflecting the DP's proactive election strategy.
Power struggle within People Power Party escalates with disciplinary action threat
People Power Party (PPP) dips to 3%2%
A power struggle over nomination authority within the People Power Party intensified as Seoul party chair Bae Hyun-jin faced possible disciplinary action, raising speculation that this could reshape the party's nomination landscape and weaken PPP's election chances.
President Lee Jae Myung's approval rating rises to 55.8% amid economic measures
President Lee's approval rating increased due to government efforts to stabilize the property market and manage inflation, boosting confidence in the ruling Democratic Party ahead of the local elections.
Busan Mayor Park Regains Lead in Mayoral Race, Boosting DP Prospects
Democratic Party of Korea (DP) rises to 96%1%
Polling data showed Busan Mayor Park Hyung-jun regaining a lead in the mayoral race, reinforcing the Democratic Party's strong position in key local elections and supporting the market's high confidence in DP's overall success.
Power struggle intensifies in People Power Party amid nomination disputes
People Power Party (PPP) dips to 3%1%
Internal conflicts within the PPP escalated as Seoul party chair Bae Hyun-jin faced possible disciplinary action, highlighting leadership struggles that weakened the party's election readiness and contributed to further price declines.
Chong Won-o announces bid for Seoul mayor
Former Seongdong-gu district chief Chong Won-o announced his candidacy for Seoul mayor, becoming the sixth DP candidate in the race and signaling a potential strong contender.
Chong Won-o announces candidacy for Seoul mayor from Democratic Party
Chong Won-o, a district chief praised by President Lee Jae Myung, declared his run for Seoul mayor as a Democratic Party candidate, signaling the party's active preparations and candidate lineup for key local elections. This bolstered market confidence in the Democratic Party's prospects.
Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) dips to 3%2%
The court’s decision to oust the police chief implicated in Yoon’s 2024 martial‑law episode further delegitimized the conservative establishment, reinforcing the Democratic Party’s narrative of restoring democratic order and pushing PPP support lower.
People Power Party plans name change amid concerns ahead of local elections
The PPP announced plans to change its party name to refresh its image ahead of the June 3 local elections, but faced internal concerns about public perception and rebranding costs. This reflected the party's efforts to regain voter trust amid internal turmoil and declining approval ratings.
Seoul district chief Chong Won-o announces bid for Seoul mayor
Democratic Party of Korea (DP) rises to 95%1%
Chong Won-o, a Democratic Party district chief, announced his candidacy for Seoul mayor in the June local elections, signaling the DP's active preparations and candidate mobilization in key races, which bolstered market confidence in the DP's prospects.
Chong Won-o announces Seoul mayoral candidacy for Democratic Party
Democratic Party of Korea (DP) rises to 95%2%
Chong Won-o, a prominent figure and chief of Seoul's Seongdong district, declared his run for Seoul mayor under the Democratic Party, signaling the party's consolidation of strong candidates in key races and boosting market confidence in the Democratic Party's prospects.
Seongdong‑gu chief Chong Won‑o declares bid for Seoul mayor
Democratic Party of Korea (DP) rises to 95%1%
Chong Won‑o, a prominent DPK district chief, announced his candidacy for Seoul mayor, becoming the sixth DPK hopeful. The move was framed as a sign of renewed momentum for the ruling party and lifted DPK market confidence, raising its price from 94 % to 95 % that day.
Chong Won-o declares bid for Seoul mayor as sixth Democratic Party candidate
Democratic Party of Korea (DP) rises to 95%1%
Chong Won-o, a district chief praised by President Lee Jae Myung, announced his candidacy for Seoul mayor, becoming the sixth candidate from the Democratic Party. This demonstrated the DP's strong and diverse candidate pool, reinforcing market confidence in the party's local election prospects.
Democratic Party candidates officially enter Seoul mayoral race
Democratic Party of Korea (DP) rises to 95%1%
By February 8, multiple Democratic Party lawmakers officially declared their candidacies for Seoul mayor, demonstrating the party's active campaign efforts and candidate mobilization. This bolstered market confidence in the DP's prospects in key local races.
Gallup Korea poll shows Democratic Party leads with 44% support, double that of People Power Party
Democratic Party of Korea (DP) rises to 95%2%
A Gallup Korea poll released on February 6 showed 44% of respondents favored more Democratic Party candidates in the upcoming local elections, compared to 32% favoring opposition candidates, boosting market confidence in the DP's chances.
People Power Party faces internal strife and nomination challenges ahead of local elections
People Power Party (PPP) dips to 4%3%
The PPP experienced internal divisions and controversies over candidate nominations, including a purge of veteran leaders in key regions like Daegu, which risked splitting the conservative vote and weakening the party's electoral chances. This turmoil contributed to a decline in PPP market price.
South Korean court sentences former President Yoon to 5 years in prison over martial law
Democratic Party of Korea (DP) rises to 95%3%
The sentencing of former President Yoon Suk Yeol to five years in prison for his role in the martial law crisis further damaged the People Power Party's reputation and increased market confidence in the Democratic Party of Korea's dominance in the upcoming local elections.
Court sentences former President Yoon to five years in prison on martial‑law charges
People Power Party (PPP) dips to 3%1%
The sentencing cemented the legal defeat of Yoon’s faction, prompting a final collapse of PPP’s odds and boosting the DP as the main opposition gains credibility.
Democratic Party confirms key nominations for June local elections
Democratic Party of Korea (DP) rises to 95%2%
The Democratic Party confirmed nominations of prominent candidates for key local government positions, including gubernatorial and mayoral races. This solidified the party's electoral strategy and boosted market confidence in its prospects for winning the most local government heads.
President Lee’s China visit underscores diplomatic outreach
Lee Jae Myung’s high‑profile trip to China highlighted the Democratic Party’s active foreign‑policy agenda, reinforcing voter confidence in the DP and keeping its price near historic highs.
Democratic Party candidate surge contrasts People Power Party shortage
Democratic Party of Korea (DP) rises to 95%3%
The Democratic Party of Korea saw a surge in candidate announcements and public support in Seoul, Gyeonggi, and Incheon, while the People Power Party faced shortages in viable candidates, reinforcing the market's positive outlook for the Democratic Party.
Prosecutors seek death sentence for ex-President Yoon amid trial climax
Democratic Party of Korea (DP) rises to 95%1%
The prosecution's request for the death penalty for former President Yoon intensified political pressure on the conservative PPP, reinforcing market expectations of a DP victory in the local elections. This event coincided with a peak in DP's market price and a further drop for PPP.
South Korean President Lee Jae Myung returns to traditional presidential palace, signaling political stability
Democratic Party of Korea (DP) rises to 96%4%
President Lee Jae Myung, from the Democratic Party, moved back to the traditional presidential palace, symbolizing a return to political normalcy after the turmoil caused by Yoon's impeachment. This boosted confidence in the DP's governance and electoral prospects, reflected in a price rise.
South Korean President Lee returns to traditional presidential palace, signaling political stability
Democratic Party of Korea (DP) rises to 96%4%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, reversing his predecessor Yoon's relocation. This symbolic act signaled a return to political normalcy and strengthened the Democratic Party's image, contributing to increased market confidence in their electoral success.
June 3 local election race officially begins amid party rifts
The official start of the local election race highlighted internal divisions within both major parties, with the Democratic Party pushing for a merger with the Rebuilding Korea Party and the People Power Party struggling to recruit strong candidates in the greater Seoul area. This set the stage for the Democratic Party's perceived advantage, reflected in market prices.
People Power Party faces internal strife and leadership challenges
People Power Party (PPP) dips to 4%2%
Internal conflicts within the People Power Party intensified, including calls for the resignation of party leader Jang Dong-hyeok, undermining party unity and contributing to further decline in PPP's market price.
Major parties face internal battles ahead of local elections
People Power Party (PPP) dips to 3%4%
Both the Democratic Party and People Power Party experienced internal factional disputes and merger debates, with the PPP's nomination authority struggle intensifying, undermining its election prospects and benefiting the DP.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 95%1%
President Lee's symbolic return to the traditional presidential palace reinforced his administration's efforts to move past the Yoon era, strengthening the DP's political momentum.
Major parties face internal battles ahead of local elections
Democratic Party of Korea (DP) rises to 95%1%
Both ruling and opposition parties experienced internal factional disputes and leadership challenges, impacting their electoral strategies and market perceptions. DP's ability to manage these issues better than others likely contributed to its market strength.
Market confidence peaks in Democratic Party amid ongoing Yoon trials and political turmoil
Democratic Party of Korea (DP) rises to 95%3%
As trials and investigations into former President Yoon continued, market confidence in the Democratic Party of Korea peaked, reflecting expectations that the party would dominate the upcoming local elections. The People Power Party’s price declined to its lowest point, indicating diminished electoral prospects amid the scandal.
South Korean President Lee visits China amid regional tensions
Democratic Party of Korea (DP) rises to 95%1%
President Lee's visit to China to strengthen bilateral ties and discuss peace on the Korean Peninsula reinforced the DP's diplomatic credentials and governance stability, supporting the DP's market position.
Former President Yoon Suk‑Yeol sentenced to five years in prison
People Power Party (PPP) dips to 2%1%
The sentencing of Yoon, the PPP’s former leader, dealt a severe blow to the party’s credibility and electoral prospects, pushing its market price down from 3% to 2% in the days that followed.
Rift deepens within Democratic Party over merger plans ahead of local elections
Democratic Party of Korea (DP) rises to 94%1%
Internal divisions surfaced within the ruling Democratic Party regarding a proposed merger with a smaller party to secure a landslide victory in the local elections. This political tension was noted but did not significantly undermine the DP's market position, which remained strong.
People Power Party struggles to recruit candidates in greater Seoul area
People Power Party (PPP) plunges to 10%40%
The PPP faced difficulties in fielding strong candidates in the crucial greater Seoul area, weakening its electoral prospects and causing its market price to drop sharply from 50% to 10%.
South Korea bans bear‑bile farming effective Jan. 1
Democratic Party of Korea (DP) rises to 95%1%
The new animal‑rights law, championed by the Democratic administration, was viewed as a win for progressive policy, adding modest support to the DP and further eroding PPP momentum.
Gallup Korea poll shows Democratic Party support nearly double that of People Power Party
Democratic Party of Korea (DP) rises to 94%3%
A Gallup Korea poll released on January 31, 2026, indicated 43% support for the Democratic Party versus 22% for the People Power Party, reflecting strong public backing for DP and contributing to the market's high confidence in DP's local election success.
Court grants bail to former police chief amid cancer treatment claim
People Power Party (PPP) dips to 8%1%
The bail decision signalled a weakening of the legal pressure on figures tied to Yoon’s martial‑law episode, slightly stabilising the PPP’s price after a prolonged decline.
South Korean Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) drops to 2%6%
The court’s decision underscored the fallout from Yoon’s 2024 martial‑law episode, further damaging the PPP’s reputation and pushing its market price to a historic low.
South Korean court sentences former President Yoon to 5 years in prison on martial law charges
Democratic Party of Korea (DP) rises to 95%3%
A court sentenced former President Yoon Suk Yeol to five years in prison related to his martial law declaration, confirming his political downfall and strengthening the Democratic Party's position. This verdict caused the Democratic Party of Korea's market price to rise sharply from 92% to 95%, while the People Power Party's price dropped from 7% to 2%.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 94%3%
The Constitutional Court removed the impeached police chief for supporting former President Yoon’s martial law declaration, underscoring the legal and political consequences of the 2024 crisis. This event further damaged the conservative party's standing and bolstered confidence in the Democratic Party of Korea ahead of the local elections.
Polls show Democratic Party candidates leading in Seoul, Gyeonggi, and Busan mayoral races
Democratic Party of Korea (DP) rises to 96%4%
Multiple polls showed Democratic Party candidates leading their People Power Party rivals by margins exceeding the error range in key mayoral races, reinforcing market confidence in the DP's strong position ahead of the local elections.
South Korea’s Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 4%3%
The Constitutional Court removed the police chief for supporting former President Yoon's martial law declaration, underscoring the legal and political fallout for the conservative camp. This event further weakened the People Power Party's standing in the market.
People Power Party expels ex-leader Han Dong-hoon amid internal feud
People Power Party (PPP) dips to 3%3%
The PPP expelled former party leader Han Dong-hoon, intensifying internal divisions and signaling party instability ahead of the local elections. This event contributed to the further decline in PPP's market price.
Constitutional Court removes police chief for involvement in 2024 martial‑law episode
People Power Party (PPP) dips to 3%4%
The court’s decision to strip police chief Cho Ji‑ho of his post underscored the legal fallout from the former president’s actions, further tarnishing the PPP’s image and contributing to a price drop from 7% to 3% for the party.
South Korea bans bear‑bile farming effective Jan. 1
Democratic Party of Korea (DP) rises to 95%1%
The new animal‑rights policy, championed by the liberal administration, highlighted the DP’s governance agenda and contrasted with the PPP’s perceived neglect of progressive issues, nudging DP’s price upward.
PPP chief Jang Dong‑hyeok vows to distance party from Yoon
People Power Party (PPP) dips to 6%2%
PPP leader Jang Dong‑hyeok publicly pledged to distance the party from former President Yoon amid mounting criticism, signaling internal turmoil. The announcement coincided with a dip in PPP’s price from 8 % to 6 % on Jan 30‑31.
South Korean court sentences former president Yoon to 5 years in prison
People Power Party (PPP) dips to 3%3%
On January 30, a South Korean court sentenced former President Yoon to five years in prison for charges related to the martial law decree. This judicial decision further weakened the PPP's position, reflected in the market price dropping to a low of 3% by January 31, while the DP's price rose to 95%.
North Korea launches ballistic missiles ahead of its Workers’ Party congress
People Power Party (PPP) dips to 5%2%
The missile launches heightened security concerns and shifted public focus toward national defense, which traditionally benefits the ruling liberal party’s narrative while further hurting the conservative PPP’s standing.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) drops to 3%5%
Prosecutors formally requested the maximum penalty for ex‑President Yoon Suk‑yeol, intensifying public backlash against the conservative People Power Party and rallying support for the ruling Democratic Party ahead of the local elections.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 94%2%
The Constitutional Court removed the impeached police chief for supporting former President Yoon's brief imposition of martial law, highlighting the legal consequences faced by Yoon's administration. This event further weakened the People Power Party's standing and reinforced the Democratic Party's advantage in the upcoming local elections.
Expulsion of former PPP leader Han Dong-hoon exposes party fractures ahead of elections
People Power Party (PPP) dips to 4%2%
The expulsion of Han Dong-hoon revealed deep divisions within the PPP, undermining party unity and electoral strength. This event likely accelerated the decline in PPP's market price and reinforced the Democratic Party's dominant position.
South Korean court sentences Yoon to 5 years in prison on charges related to martial law decree
People Power Party (PPP) dips to 3%3%
The sentencing of the former president further distanced the conservative party from its past leadership, contributing to a decline in the PPP's electoral outlook.
Former first lady Kim Keon Hee sentenced to 20 months in jail for corruption
People Power Party (PPP) drops to 3%6%
The sentencing of Kim Keon Hee, linked to the People Power Party, amid corruption allegations further damaged the PPP's reputation, causing a significant drop in market confidence for the party's electoral prospects.
North Korea announces its Workers’ Party congress will be held in late February
Democratic Party of Korea (DP) rises to 95%1%
The announcement of a major political congress in North Korea heightened regional security concerns, prompting South Korean voters to favor the incumbent liberal government for stability, which lifted DP’s price and further depressed PPP’s outlook.
Court seeks death penalty for former President Yoon Suk‑yeol
People Power Party (PPP) dips to 2%4%
The unprecedented move to pursue capital punishment for the ex‑president heightened legal peril for the conservative camp, eroding confidence in the People Power Party and driving its price down sharply.
Democratic Party curbs incumbents on nomination panels amid funding scandal
Democratic Party of Korea (DP) rises to 94%2%
The Democratic Party of Korea minimized incumbent lawmakers' roles on candidate recommendation committees to ensure transparent and fair nominations ahead of the local elections, aiming to restore public trust and strengthen electoral prospects. This reform likely reinforced market confidence in the DP's organizational strength.
Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) dips to 4%2%
The court’s decision to oust the police chief tied to Yoon’s 2024 martial‑law episode further damaged the PPP’s image, reinforcing the DP’s momentum.
South Korean President Lee returns to traditional presidential palace, signaling political shift
Democratic Party of Korea (DP) rises to 94%3%
President Lee Jae Myung moved the presidential office back to the traditional Blue House, reversing former President Yoon's relocation. This symbolic move underscored the DP's consolidation of power and further weakened the PPP's standing, contributing to DP's price rise and PPP's decline.
South Korean President Lee returns to traditional presidential palace, signaling political stability
Democratic Party of Korea (DP) rises to 94%4%
President Lee Jae Myung's return to the Blue House symbolized a restoration of political normalcy and strengthened the Democratic Party's image ahead of the local elections. This event supported the DP's rising market price and contributed to the decline in PPP's prospects.
People Power Party announces 'renewal plan' amid local election challenges
People Power Party (PPP) dips to 6%1%
On January 26, the People Power Party announced a 'renewal plan' aimed at reforming the party and addressing internal issues ahead of the local elections. Despite this, the party continued to face difficulties, reflected in a further decline in its market price.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 95%1%
The prosecution's call for the death penalty against former President Yoon Suk Yeol, who was impeached for attempting martial law, intensified political pressure on the ruling Democratic Party and galvanized support for the DP as the party defending democratic institutions.
South Korean prosecutors intensify legal actions against former President Yoon
People Power Party (PPP) dips to 5%1%
Prosecutors continued to press serious charges against Yoon Suk Yeol, including abuse of power and manipulation of investigations, reinforcing the perception of the PPP's weakened political standing. This contributed to the sustained low market price for the PPP around 5-6%, while the DP maintained high confidence.
Democratic Party maintains strong lead in polls ahead of local elections
Democratic Party of Korea (DP) rises to 94%3%
Polls continued to show the Democratic Party with a commanding lead over opposition parties, reinforcing market confidence in their likely victory in the 2026 local elections. This was reflected in the DP's price rising to near peak levels.
Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) dips to 4%2%
The court’s removal of the police chief tied to Yoon’s 2024 martial‑law episode further implicated the PPP in anti‑democratic actions, reinforcing the market’s shift away from PPP toward DP.
People Power Party faces leadership and candidate recruitment challenges
People Power Party (PPP) dips to 6%2%
The People Power Party struggled with leadership disputes and difficulties recruiting candidates in key regions, leading to a further drop in market confidence as the local elections approached.
DP leader Jung proposes merger with Rebuilding Korea Party
Democratic Party of Korea (DP) dips to 89%1%
On the day the KOSPI topped 5,000, DP leader Jung Chung‑rae announced an emergency merger with the minor Rebuilding Korea Party. The surprise move prompted a brief dip in DP’s price (90 %→89 %) before the market corrected with later poll data.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) dips to 6%2%
Prosecutors argued Yoon's alleged actions posed a grave threat to constitutional order, prompting a market shift as the DP, which led Yoon's impeachment, gained political momentum. The PPP declined as conservative lawmakers distanced themselves from the case.
President Lee Jae‑Myung returns to the Blue House for the first time since 2022
Democratic Party of Korea (DP) rises to 94%4%
Lee’s symbolic move back to the traditional presidential palace signaled a consolidation of liberal power and a break from his predecessor’s controversial tenure, bolstering confidence in the Democratic Party’s prospects in the upcoming local elections.
Rift deepens within ruling Democratic Party over merger plans ahead of local elections
Democratic Party of Korea (DP) dips to 92%2%
Tensions within the Democratic Party surfaced as leader Jung Cheong-rae's attempt to merge with the Rebuilding Korea Party faced opposition from pro-President Lee Jae-myung lawmakers. This internal conflict caused some market volatility but did not significantly weaken DP's dominant position.
Ruling Democratic Party proposes merger with minor Rebuilding Korea Party ahead of local elections
Democratic Party of Korea (DP) rises to 94%3%
DP leader Jung Chung-rae proposed merging with the minor liberal Rebuilding Korea Party to broaden the party's political spectrum and prevent vote splitting ahead of the June 3 local elections. This move was seen as strengthening the DP's position and contributed to increased market confidence in the DP.
Main opposition People Power Party rep ends hunger strike after former President Park Geun-hye's visit
People Power Party (PPP) dips to 8%1%
The hunger strike by a People Power Party representative highlighted internal party struggles and calls for investigations into the ruling Democratic Party. The event underscored the opposition's challenges and contributed to market skepticism about the PPP's electoral prospects, reflected in a decline in their market price.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 6%2%
The same announcement also caused the PPP’s odds to fall as voters associated the party with the scandal, driving its price down from 8% to 6%.
South Korea’s Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 6%2%
The Constitutional Court removed the police chief for supporting Yoon's martial law, reinforcing the legal and political fallout from the 2024 crisis. This event further undermined the conservative PPP's position, contributing to the decline in its market price and strengthening the DP's outlook.
Democratic Party Leader Proposes Merger with Rebuilding Korea Party
Democratic Party of Korea (DP) rises to 94%3%
DP leader Jung Chung-rae proposed merging with the minor liberal Rebuilding Korea Party to broaden the political spectrum ahead of the local elections, boosting DP's market confidence and signaling consolidation of liberal forces.
Democratic Party leader Lee Jae-myung's approval rating drops to 59%
Democratic Party of Korea (DP) rises to 92%1%
A poll showed that Lee Jae-myung's approval rating fell to 59%, with the Democratic Party leading at 40% and the People Power Party at 20%. Despite the drop, the DP maintained a strong lead, supporting the market's confidence in the DP's election prospects.
Democratic Party proposes merger with minor Rebuilding Korea Party
Democratic Party of Korea (DP) rises to 95%3%
DP leader Jung Chung-rae called for a merger with the minor Rebuilding Korea Party to consolidate support ahead of the local elections, signaling strategic moves to strengthen DP's position and weaken smaller parties.
South Korean President Lee returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 94%3%
President Lee Jae Myung moved back to Cheong Wa Dae, the traditional presidential palace, symbolically distancing his administration from the legacy of former President Yoon and consolidating his political authority, which boosted the Democratic Party's market confidence.
South Korean Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 93%1%
The Constitutional Court removed the impeached police chief for supporting former President Yoon's martial law declaration, reinforcing the legal and political consequences faced by Yoon's allies. This event increased market confidence in the Democratic Party of Korea from 92% to 93% and decreased the People Power Party's price from 8% to 7%.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 92%1%
Prosecutors sought the death penalty for former President Yoon Suk Yeol, who was on trial for leading an insurrection. This development was welcomed by the Democratic Party and distanced the conservative People Power Party from Yoon, weakening PPP's electoral prospects and boosting DP's market confidence.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 94%2%
President Lee Jae Myung moved back to the traditional presidential palace, symbolically distancing his administration from former President Yoon Suk Yeol's controversial tenure and martial law declaration. This reinforced the Democratic Party's image of stability and governance, contributing to increased market confidence in their electoral success.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 94%3%
The Constitutional Court removed the police chief for supporting former President Yoon's brief martial law imposition, reinforcing the narrative of misconduct within the conservative camp. This event further undermined the People Power Party's standing and contributed to the Democratic Party's market price increase.
South Korean court sentences former President Yoon to 5 years in prison over martial law
Democratic Party of Korea (DP) rises to 92%1%
The sentencing of Yoon to five years in prison on charges related to martial law further damaged the PPP's reputation and solidified the DP's dominant position in the upcoming local elections.
South Korean President Lee returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 93%2%
President Lee Jae Myung's return to the traditional presidential palace, Cheong Wa Dae, symbolized a restoration of stability and a break from the previous administration's controversial legacy. This event bolstered confidence in the Democratic Party of Korea, supporting its market price increase from 91% to 93%.
South Korean President Lee returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 92%1%
President Lee Jae Myung moved back to the Blue House, symbolically distancing his administration from Yoon's legacy and consolidating support for the Democratic Party, which was reflected in market confidence.
Opposition leader Jang Dong-hyeok criticizes ruling party's centralization of power
People Power Party (PPP) dips to 8%1%
Jang Dong-hyeok, chair of the People Power Party, publicly criticized the Democratic Party's consolidation of power and legislative actions perceived as undermining democracy. Despite this, the PPP's market support remained low, reflecting limited political leverage.
South Korea moves to ban deepfake use in upcoming local education superintendent elections
Legislation to ban deepfake content in local education superintendent elections was introduced, aiming to ensure election fairness. This regulatory move may have influenced market perceptions of election integrity but affected all parties equally.
President Lee Jae‑Myung moves back into the Blue House for the first time since 2022
Democratic Party of Korea (DP) rises to 94%2%
Lee’s relocation to Cheong Wa Dae underscored his administration’s confidence and signaled a strong governing mandate for the Democratic Party, prompting traders to raise DP’s win probability.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 8%1%
The prosecutors’ request for the maximum punishment heightened the legal peril for Yoon and his People Power Party, leading traders to sharply downgrade PPP odds and raise DP expectations.
Democratic Party's Seo Young-kyo announces Seoul mayoral candidacy
Democratic Party of Korea (DP) rises to 91%1%
Seo Young-kyo's announcement as a Democratic Party candidate for Seoul mayor signaled the party's early mobilization and strengthened market confidence in the DP's prospects in the capital, contributing to a price increase for the Democratic Party of Korea.
People Power Party postpones expulsion decision on former leader Han Dong-hoon
People Power Party (PPP) dips to 6%2%
The PPP leadership delayed action on the ethics committee's ruling to expel former leader Han Dong-hoon, exposing internal party divisions and raising concerns about party unity ahead of the local elections. This uncertainty weakened PPP's market position.
Democratic Party recruits lawyer Jeon Tae-jin for Ulsan by-election
Democratic Party of Korea (DP) rises to 93%2%
The Democratic Party announced the recruitment of Jeon Tae-jin, a respected legal expert and Ulsan native, as a candidate for a key by-election, reinforcing the party's local strength and contributing to sustained market confidence.
PPP expels former chief Han Dong‑hoon amid defamation scandal
People Power Party (PPP) dips to 6%2%
The PPP’s ethics committee voted to expel former chief Han Dong‑hoon over alleged defamatory comments about former President Yoon Suk‑yeol. The expulsion intensified an internal rift and triggered media criticism, eroding confidence in the opposition and pushing the market’s PPP probability down from 8 % to 6 % (price before = 8, price after = 6).
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 93%3%
Prosecutors sought the death penalty for former President Yoon Suk Yeol, charged with leading an insurrection by imposing martial law in December 2024. This legal development underscored the political crisis and diminished the conservative People Power Party's standing, boosting confidence in the Democratic Party of Korea's electoral prospects.
Reform Party proposes 990,000‑won “discount nomination” for local seats
Reform Party (RP) plunges to 0%49%
Reform Party leader Lee Jun‑seok announced a “discount nomination” price of 990,000 won, a move that was ridiculed and caused the market to price the RP at 0 % by Jan 14.
President Lee Jae Myung returns to the Blue House, ending Yoon’s relocation of the presidential office
Democratic Party of Korea (DP) rises to 94%3%
Lee’s first commute back to Cheong Wa Dae highlighted the new administration’s control and contrasted with Yoon’s controversial tenure, bolstering voter confidence in the Democratic Party of Korea ahead of the local elections.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 6%2%
On January 13, prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection related to his December 2024 martial law decree. This heightened legal pressure on Yoon, a key figure of the People Power Party, undermined the party's prospects and contributed to a decline in its market price from 8% to 6%.
Democratic Party completes new leadership formation ahead of local elections
Democratic Party of Korea (DP) rises to 93%2%
On January 13, the Democratic Party of Korea finalized its new leadership structure, signaling organizational readiness and strategic focus for the upcoming local elections. This development reinforced market confidence in the DP's electoral strength, supporting its price increase.
Reform Party leader Lee Jun-seok pledges low-cost candidacy to recruit 4,000 candidates
Lee Jun-seok, leader of the Reform Party, announced a plan to allow candidates to run in local elections with minimal financial cost, aiming to recruit thousands of candidates and challenge entrenched political practices. This announcement raised the profile of the Reform Party but did not significantly shift market prices for major parties.
Reform Party offers low-cost nomination to candidates, raising political questions
Reform Party (RP) dips to 0%1%
The Reform Party pledged to allow candidates to run in local elections with a significantly reduced nomination fee, highlighting issues of high election costs and potentially affecting minor party dynamics, though with limited impact on major parties' market prices.
Reform Party leader Lee Jun-seok offers low-cost nomination for local elections
Lee Jun-seok, head of the minor opposition Reform Party, pledged to allow candidates to run in local elections with a significantly reduced cost, aiming to recruit many candidates and criticize entrenched political practices. This event highlighted the Reform Party's limited impact but did not shift the main contest, reinforcing DP dominance.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 94%3%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection by attempting to impose martial law in December 2024. This heightened political uncertainty and negatively impacted the People Power Party's prospects, while bolstering the Democratic Party's position as Yoon's actions were widely condemned.
People Power Party announces plan to change party name amid election challenges
People Power Party (PPP) dips to 7%1%
The PPP publicly apologized for the martial law crisis and announced plans to change its party name to distance itself from former President Yoon Suk-yeol's controversies. This move reflected internal party struggles and contributed to declining market confidence in the PPP's electoral prospects.
People Power Party announces name change to distance from Yoon era
People Power Party (PPP) dips to 6%1%
The PPP announced plans to change its name to break away from the negative legacy of former President Yoon Suk Yeol's administration, aiming to regain public trust and improve electoral prospects, but this move also highlighted the party's internal challenges.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 92%2%
President Lee Jae Myung moved the presidential office back to the traditional Blue House, reversing his predecessor Yoon's relocation. This move symbolized political stabilization and a return to liberal governance, boosting confidence in the Democratic Party of Korea ahead of local elections.
People Power Party announces plans to rebrand and change party name
People Power Party (PPP) dips to 7%2%
The People Power Party announced intentions to change its name to distance itself from the unpopular Yoon Suk Yeol administration and past controversies. This rebranding effort reflected internal challenges and contributed to a decline in market confidence for the PPP ahead of the local elections.
People Power Party approves plan to change party name ahead of local elections
People Power Party (PPP) dips to 8%1%
The PPP decided to change its name to distance itself from past controversies, reflecting internal party struggles and contributing to a decline in market confidence for the PPP.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 94%3%
Prosecutors requested the death penalty for former President Yoon Suk Yeol, who is on trial for leading an insurrection by attempting to impose martial law in December 2024. The DP welcomed the call for the death penalty, while the PPP declined to issue an official statement.
Progressive Party’s credibility erodes amid nomination‑bribery fallout
Progressive Party (PP) plunges to 1%50%
An opinion piece highlighted that the Progressive Party’s minor status and its association with the nomination‑bribery accusations against PPP lawmakers eroded its credibility, sending PP odds from 51 % to 1 % within days.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) dips to 8%1%
Prosecutors sought the death penalty for former President Yoon Suk Yeol for his role in the 2024 martial law declaration, highlighting the severity of his legal troubles and diminishing the conservative People Power Party's prospects in the upcoming local elections. This news coincided with a peak in PPP's price before a subsequent decline, while DP's price began to rise.
People Power Party initiates rebranding effort amid election challenges
People Power Party (PPP) dips to 8%1%
The People Power Party announced a rebranding process including an open call for a new party name to revitalize its image after consecutive election losses, reflecting internal struggles and contributing to market price decline for PPP.
Four lawmakers vie for Democratic Party floor leader in by-election
Democratic Party of Korea (DP) rises to 92%2%
The Democratic Party held a competitive by-election for floor leader, signaling active internal party organization and leadership renewal ahead of the local elections. This event reinforced market confidence in the Democratic Party's electoral preparedness and cohesion.
People Power Party enacts central control over major city nominations despite internal opposition
People Power Party (PPP) dips to 6%2%
The PPP amended its party charter to allow central party control over nominations in large cities, causing internal backlash and factional disputes. This move likely weakened the party's unity and electoral prospects, reflected in the market price decline for PPP.
Democratic Party consolidates leadership with Supreme Council election
Democratic Party of Korea (DP) rises to 93%2%
The Democratic Party of Korea elected new Supreme Council members and a floor leader, consolidating party leadership and strengthening its organizational position ahead of the local elections, supporting market confidence in DP.
Democratic Party Supreme Council by-election held amid fierce competition
Democratic Party of Korea (DP) rises to 91%1%
The by-election for the Democratic Party's Supreme Council seats took place, reflecting internal party consolidation and leadership positioning ahead of the local elections. This event maintained or increased market confidence in DP's electoral chances.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 91%1%
The Constitutional Court removed the police chief for supporting former President Yoon's martial law decree, highlighting the legal and political consequences faced by Yoon's allies. This event undermined the People Power Party's position and strengthened confidence in the Democratic Party of Korea ahead of the local elections.
South Korean Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 92%2%
The Constitutional Court removed the police chief for supporting Yoon's martial law imposition, reinforcing the legal condemnation of Yoon's actions and further damaging the People Power Party's reputation, benefiting the Democratic Party.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 91%1%
Prosecutors requested the death penalty for former President Yoon Suk Yeol for leading an insurrection, highlighting the severity of his legal troubles and diminishing his political standing. This development bolstered confidence in the Democratic Party of Korea, which opposed Yoon, causing its market price to rise from 90% to 91% and the People Power Party's price to fall from 9% to 8%.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 92%2%
Prosecutors’ request for the maximum penalty against former President Yoon, a figure strongly associated with the conservative PPP, prompted widespread condemnation from PPP leaders and praise from Democratic Party officials, shifting voter sentiment toward the DP.
President Lee Jae‑myung returns to the Blue House for first time since taking office
Democratic Party of Korea (DP) rises to 91%1%
Lee’s symbolic move back to the historic presidential palace signaled a consolidation of power for the Democratic Party, boosting its perceived stability and prompting a rise in DP prices while marginally hurting PPP sentiment.
North Korea launches ballistic missiles toward sea ahead of party congress
People Power Party (PPP) dips to 8%1%
The missile launches heightened security concerns and criticism of the conservative government’s handling of North‑South relations, further weakening PPP’s standing.
PPP leader apologises for failure to block Yoon’s martial‑law bid
People Power Party (PPP) dips to 8%1%
PPP leader Jang Dong‑hyeok apologized for his party’s inability to stop former President Yoon’s illegal martial‑law attempt. The apology highlighted the party’s crisis and flattered the ruling Democratic Party, prompting a sharp fall in PPP’s poll numbers and market price.
PPP leader apologizes for failure to prevent former president's martial law attempt
People Power Party (PPP) dips to 8%1%
PPP leader Jang Dong-hyuk issued an apology for the party's failure to stop former President Yoon Suk Yeol's unconstitutional martial law declaration, which damaged the party's public image and electoral prospects, leading to further price declines for PPP.
South Korean prosecutors seek death penalty for former President Yoon
People Power Party (PPP) dips to 8%1%
Prosecutors’ request for the death penalty against ex‑President Yoon, a PPP figure, intensified scrutiny of the party and contributed to a drop in PPP’s market price.
PPP leader issues apology over former President Yoon's martial law attempt
People Power Party (PPP) dips to 6%2%
PPP leader Jang Dong-hyuk apologized for the party's failure to prevent former President Yoon Suk Yeol's martial law declaration, an event that damaged the party's reputation and electoral prospects, further weakening PPP's position in the local elections.
PPP leader Jang Dong-hyuk apologizes for party's failure over martial law
People Power Party (PPP) dips to 7%1%
PPP leader Jang Dong-hyuk issued an apology for the party's failure to prevent former President Yoon Suk Yeol's martial law declaration, but the apology was seen as half-hearted, reflecting ongoing internal party struggles and damaging PPP's public image ahead of the elections.
President Lee's opposition appointment deepens People Power Party rift
People Power Party (PPP) dips to 6%2%
President Lee Jae-myung's appointment of opposition figures intensified internal divisions within the People Power Party, undermining party unity and weakening its electoral prospects ahead of the local elections, contributing to a decline in market confidence.
People Power Party leader apologizes for martial law failure ahead of elections
People Power Party (PPP) plunges to 13%37%
PPP leader Jang Dong-hyuk issued a half-hearted apology for the party's failure to prevent the previous president's martial law declaration, but hesitated to fully acknowledge responsibility. This contributed to the PPP's declining favorability and market price.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) rises to 92%1%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for leading an insurrection by attempting to impose martial law in December 2024. This heightened political tensions and diminished confidence in the conservative People Power Party, benefiting the Democratic Party of Korea in the market.
K‑pop song “Golden” wins first Grammy for South Korea
Democratic Party of Korea (DP) rises to 92%2%
The historic Grammy win for a Korean song was celebrated as a cultural triumph, reinforcing the liberal government’s popularity and pushing DP odds higher.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 91%1%
President Lee Jae Myung moved back to the traditional presidential palace, symbolizing a break from Yoon's legacy and reinforcing the DP's consolidation of power, which positively influenced market confidence in the DP's election prospects.
Democratic Party candidate Kim Dong-yeon leads Gyeonggi governor preference poll
Democratic Party of Korea (DP) rises to 93%2%
Polls showed Kim Dong-yeon as the most preferred Democratic Party candidate for Gyeonggi governor, strengthening the DP's position in a key province and supporting the market's confidence in DP's electoral prospects.
Gongju poll puts DP at 46.6 %, ahead of PPP by 11.7 pts
Democratic Party of Korea (DP) rises to 91%1%
A Gallup Korea poll released on Jan 5 showed the DP at 46.6 %—an 11.7‑point lead over the PPP—boosting confidence that the DP would win the most mayor‑governor seats and pushing its market price upward.
Poll shows Democratic Party leading People Power Party by 11.7% in Gongju ahead of local elections
Democratic Party of Korea (DP) rises to 93%2%
A public opinion poll in Gongju revealed the Democratic Party of Korea leading the People Power Party by a significant margin, boosting market confidence in the DP's prospects in local elections. This poll indicated strong regional support for the DP, contributing to the rise in its market price.
Poll shows Democratic Party leads People Power Party by 11.7% in Gongju
Democratic Party of Korea (DP) rises to 91%1%
A public opinion poll in Gongju, South Chungcheong Province, revealed the Democratic Party of Korea leading the People Power Party by a significant margin outside the margin of error, boosting confidence in DP's local election prospects and contributing to its price rise.
Gongju poll shows Democratic Party ahead of People Power Party by 11.7 points
Democratic Party of Korea (DP) rises to 94%4%
A regional poll in Gongju (Vision Korea) showed the DP at 46.6 % versus 34.9 % for the PPP, reinforcing the DP’s lead and lifting DP odds to 94 % by Jan 24.
Kim Dong-yeon leads Democratic Party preference poll for Gyeonggi governor
Democratic Party of Korea (DP) rises to 92%1%
A poll showed Kim Dong-yeon as the most preferred Democratic Party candidate for Gyeonggi governor, enhancing the party's perceived strength in a key province and supporting the DP price increase.
Public opinion poll in Gongju shows Democratic Party leading People Power Party by 11.7%
Democratic Party of Korea (DP) rises to 94%3%
A public opinion poll in Gongju, South Chungcheong Province, revealed the Democratic Party leading the People Power Party by a significant margin, reinforcing market confidence in DP's prospects in local elections.
Naju Mayor Yoon Byung-tae leads Democratic primary race amid artificial sun project success
Democratic Party of Korea (DP) rises to 92%3%
Naju Mayor Yoon Byung-tae gained significant support in the Democratic Party primary for the June local elections, boosted by his success in securing a major artificial sun research facility project. This enhanced the party's prospects in the traditionally Democratic-leaning region, contributing to increased market confidence in the Democratic Party's chances.
PPP leader apologizes for party's failure over martial law controversy
People Power Party (PPP) dips to 8%1%
Jang Dong-hyuk, PPP leader, issued a half-hearted apology for the party's failure to prevent the martial law declaration, further damaging PPP's public image and contributing to its low market price.
Ruling party rocked by scandal barrage ahead of local elections
The Democratic Party of Korea was hit by a series of nomination-related scandals, raising concerns about candidate integrity. Despite this, the party maintained strong market support, reflecting confidence in its overall electoral strength.
Rebuilding Korea Party leader decries money‑for‑nomination schemes
Rebuilding Korea Party (RKP) plunges to 1%49%
Cho Kuk, leader of the Rebuilding Korea Party, publicly condemned “money‑for‑nomination” schemes, but the party’s visibility remained very low, keeping its odds near 0 % (down to 1 % by Jan 28).
Ruling Democratic Party rocked by scandal barrage ahead of local elections
Democratic Party of Korea (DP) dips to 89%1%
Scandals involving nomination kickbacks and abuse allegations surfaced against the ruling Democratic Party, causing some market volatility but not significantly undermining the party's strong position.
Polls show People Power Party losing momentum ahead of local elections
People Power Party (PPP) dips to 6%2%
A New Year opinion poll indicated the PPP was losing support in key battleground races, signaling challenges for the party in the upcoming June local elections. This contributed to a decline in PPP's market price and a corresponding rise for the Democratic Party of Korea.
New Year opinion polls show People Power Party losing momentum in key races
Opinion polls released in early January indicated the People Power Party was losing ground in critical battlegrounds for the upcoming local elections, signaling weakening support and contributing to a decline in PPP's market price.
Polls show Democratic Party leads People Power Party in key local races
Democratic Party of Korea (DP) rises to 92%2%
New Year opinion polls indicated the Democratic Party of Korea leading the People Power Party in critical battlegrounds like Seoul mayoral and Gyeonggi gubernatorial races, signaling a loss of momentum for the PPP and boosting market confidence in the DP's chances.
Democratic Party Cracks Down on Suspected Nomination Donation Scandal
Democratic Party of Korea (DP) rises to 90%2%
The Democratic Party of Korea took strong measures against suspected nomination donation abuses, including expelling a party member, aiming to maintain integrity and public trust ahead of the elections. This reinforced market confidence in the DP's election chances.
New Year poll shows Democratic Party leading, People Power Party losing momentum
Democratic Party of Korea (DP) rises to 91%2%
A New Year opinion poll indicated the Democratic Party of Korea leading key battleground races while the People Power Party was losing momentum, causing DP prices to rise and PPP prices to fall in the market.
PPP leader expresses confidence despite poll setbacks ahead of local elections
People Power Party (PPP) dips to 8%1%
PPP leader Jang Dong-hyeok projected confidence in electoral victory if the party focused on livelihoods, but the market reacted skeptically due to ongoing controversies and poor poll performance, further depressing PPP prices.
Four lawmakers vie for Democratic Party floor leader in by-election
Democratic Party of Korea (DP) rises to 92%2%
The Democratic Party of Korea faced a competitive by-election to replace its floor leader, signaling internal party mobilization and efforts to strengthen leadership ahead of the local elections. This event boosted market confidence in the Democratic Party's organizational readiness.
PPP on the brink as local elections loom, JoongAng Daily reports poll setback
People Power Party (PPP) dips to 7%1%
An editorial in the Korea JoongAng Daily noted a new‑year poll showing the PPP slipping in key battlegrounds and highlighted recent controversies, prompting the market to downgrade PPP’s chance of winning the local elections.
New Year opinion poll shows People Power Party losing momentum in key battlegrounds
People Power Party (PPP) dips to 7%1%
A New Year opinion poll indicated the People Power Party (PPP) was losing momentum in critical local races ahead of the June elections, causing a decline in market confidence for PPP and a relative rise for the Democratic Party of Korea (DP).
New Year opinion poll shows Democratic Party leading key battlegrounds over People Power Party
Democratic Party of Korea (DP) rises to 91%1%
A New Year opinion poll indicated the Democratic Party of Korea was gaining momentum and leading the People Power Party in key local election battlegrounds, signaling a loss of momentum for the PPP and boosting DP's market confidence.
Scandal barrage hits ruling Democratic Party ahead of local elections
Multiple scandals involving Democratic Party lawmakers, including allegations of nomination kickbacks and abuse of power, emerged in late December and early January, raising concerns about the party's image. Despite this, the DP's market price remained strong, indicating confidence in their electoral prospects.
New Year poll shows People Power Party losing momentum in key local races
Democratic Party of Korea (DP) rises to 91%1%
A New Year opinion poll indicated the People Power Party (PPP) was losing ground in key battleground races such as Seoul, Gyeonggi, and Busan, with Democratic Party candidates leading by margins exceeding the error range. This poll contributed to a decline in PPP's market price and reinforced the Democratic Party's dominant position.
Opinion poll shows PPP losing momentum ahead of local elections
People Power Party (PPP) dips to 8%1%
A New Year opinion poll reported that the PPP was losing momentum in key battleground races, reinforcing the market’s downward swing for PPP and upward swing for the Democratic Party.
Analysis highlights swing-vote nature of upcoming local elections
Democratic Party of Korea (DP) rises to 90%2%
An analysis by Asia Business Daily emphasized that many regions are swing areas with no strong party hold, underscoring the competitive nature of the 2026 local elections and supporting the DP's strong position in polls.
People Power Party faces momentum loss amid controversies ahead of local elections
People Power Party (PPP) dips to 7%1%
The People Power Party was reported to be losing momentum in key battleground races due to controversies involving party leaders and allegations against lawmakers. This contributed to a decline in market confidence for the PPP's chances in the upcoming elections.
New Year polls show Democratic Party leads People Power Party in key mayoral races
Democratic Party of Korea (DP) rises to 91%1%
Polls released around January 2 indicated the Democratic Party of Korea leading the People Power Party within the margin of error in major battleground races such as Seoul, Gyeonggi, and Busan mayoral contests. This boosted market confidence in the DP's chances of winning the most local government heads.
Polls show Democratic Party leading People Power Party by double digits ahead of local elections
Democratic Party of Korea (DP) rises to 91%1%
Public opinion surveys in early January revealed the Democratic Party of Korea leading the People Power Party by significant margins in key regions, boosting market confidence in the DP's chances of winning the most local government heads in the June elections. This contributed to the DP price rising and PPP price falling.
People Power Party losing momentum in key battleground races, poll suggests
People Power Party (PPP) dips to 7%1%
An opinion poll published on January 2 showed the People Power Party losing momentum in key battleground races, raising concerns about its electoral prospects. This contributed to a decline in PPP's market price as investors adjusted expectations downward.
Democratic Party Maintains Significant Lead Over People Power Party in Gongju Poll
Democratic Party of Korea (DP) rises to 90%1%
A public opinion poll in Gongju showed the Democratic Party leading the People Power Party by 11.7 percentage points, reinforcing the DP's strong position in local elections and further weakening PPP market prospects.
New Year Poll Shows People Power Party Losing Momentum in Key Races
People Power Party (PPP) plunges to 9%41%
A New Year opinion poll indicated declining support for the People Power Party in crucial battlegrounds ahead of the local elections, causing a sharp drop in market confidence for the PPP.
Poll shows Democratic Party leading local election support at 33%
Democratic Party of Korea (DP) rises to 90%4%
A New Year’s poll by KBS indicated the Democratic Party candidate had 33% support, leading the People Power Party at 23%, reinforcing market confidence in DP's chances to win the local elections.
New Year Polls Show Democratic Party Leading in Key Mayoral and Governor Races
Democratic Party of Korea (DP) rises to 90%2%
Polls released around January 1 showed the Democratic Party leading within the margin of error in major battlegrounds such as Seoul, Gyeonggi, and Busan, reinforcing market confidence in the DP's chances to win the most local government heads.
Poll shows Democratic Party leads local election support with 33%
Democratic Party of Korea (DP) rises to 91%2%
A New Year's poll released by KBS indicated that 33% of respondents supported the Democratic Party candidate for the upcoming local elections, signaling early voter preference and contributing to the DP's price rise in the market.
South Korea bans bear‑bile farming under revised animal‑rights law
Democratic Party of Korea (DP) rises to 94%4%
The Democratic‑led government’s decisive animal‑rights reform was hailed by environmental groups and boosted the Democratic Party’s image, lifting its market price while further depressing smaller opposition parties.
People Power Party faces declining momentum ahead of local elections
An editorial highlighted the People Power Party's loss of momentum in key battleground races with five months to go before the June 3 local elections, contributing to the PPP's market price decline.
New Year opinion poll shows People Power Party losing momentum in key battleground races
People Power Party (PPP) plunges to 9%41%
A New Year opinion poll indicated the People Power Party was losing ground in critical local races, particularly in Seoul, weakening its electoral prospects and causing a sharp decline in its market price. This further solidified the Democratic Party's dominant position in the market.
President Lee Jae-myung's approval rating holds at 69%, boosting Democratic Party support
A poll showed President Lee's approval rating steady at 69%, with the Democratic Party's support rising to 47%, reinforcing market confidence in the DP's strong position ahead of the local elections.
Nomination bribery allegations shake Democratic Party ahead of local elections
Democratic Party of Korea (DP) jumps to 86%6%
Allegations of money exchanged during the Democratic Party's candidate nomination process emerged, threatening to complicate preparations for the 2026 local elections. Despite the controversy, the party worked to contain fallout, and the market showed only a moderate impact on DP's prospects.
Ruling Democratic Party shaken by nomination bribery allegations ahead of local elections
Democratic Party of Korea (DP) dips to 88%1%
Allegations of money exchanged during the Democratic Party's candidate nomination process surfaced, causing political fallout and threatening to complicate preparations for the local polls. Despite this, the party maintained strong market support, indicating resilience to the scandal.
Alleged nomination trading scandal emerges ahead of local elections
A scandal involving alleged nomination trading within parties surfaced, raising concerns about corruption ahead of the 2026 local elections. This controversy pressured parties to undertake reforms, affecting market confidence especially in smaller parties and opposition groups.
Corruption scandal exposes nomination trading ahead of local elections
A scandal involving alleged nomination trading emerged, prompting calls for serious self-reform within ruling and opposition parties ahead of the June 2026 local elections. This scandal likely contributed to the decline in market prices for smaller parties and the PPP.
Democratic Party floor leader resigns amid nomination‑bribery scandal
Democratic Party of Korea (DP) rises to 90%3%
A recorded conversation alleging nomination‑bribe payments involving Democratic Party floor leader Kim Byung‑kee was released, prompting his resignation. The scandal boosted the DP’s image as it positioned the party as taking decisive action, pushing DP odds from 87 % to 90 % on Dec 13.
Alleged nomination trading scandal rocks DP ahead of local elections
People Power Party (PPP) plunges to 9%41%
The Korean JoongAng Daily reported that the Kim Byung‑kee nomination‑trading scandal broke on Dec 31, 2025, implicating a senior Democratic Party lawmaker. The scandal dragged the ruling DP into controversy and provoked attacks from the PPP, sharply reducing confidence in the PPP and other minor parties, which coincides with the market‑price plunge of PPP to single‑digit levels and the collapse of PP, RP and RKP.
Democratic Party nomination scandal causes internal turmoil
Democratic Party of Korea (DP) rises to 90%1%
A scandal involving alleged illicit fund transfers within the Democratic Party's Seoul nomination committee led to the resignation of a party floor leader, raising concerns about candidate vetting but not significantly damaging DP's market position.
PPP floor leader quits as nomination‑trading scandal erupts
People Power Party (PPP) dips to 8%1%
Republican floor‑leader Kim Byung‑kee resigned amid a nomination‑trading scandal, intensifying public criticism of PPP. The scandal coincided with the market’s lowest PPP price of the period, falling from 9 % on Dec 24 to 8 % on Dec 25.
Democratic Party floor leader Kim Byung-kee resigns amid nomination bribery allegations
Democratic Party of Korea (DP) dips to 89%1%
Kim Byung-kee's resignation over bribery allegations related to candidate nominations caused turmoil within the Democratic Party, raising concerns about nomination fairness ahead of the local elections. Despite the scandal, the DP's market price remained high, reflecting confidence in the party's overall strength.
Democratic Party embroiled in nomination bribery allegations
Allegations emerged that money was exchanged during the Democratic Party's candidate nomination process for local elections, causing political fallout and leadership resignations. Despite this, the party's market confidence remained high, reflecting expectations of overcoming the scandal.
Ruling party floor leader resigns amid nomination scandal
Democratic Party of Korea (DP) rises to 90%2%
Democratic Party floor leader Kim Byung-kee resigned following allegations of receiving prohibited benefits, but the DP's market price remained strong, reflecting resilience amid scandal.
Ruling party floor leader quits as nomination scandal triggers new turmoil
Democratic Party of Korea (DP) dips to 89%1%
The Korea Herald covered the resignation of DP floor leader Kim Byung‑kee amid a nomination‑bribery scandal. While the scandal hurt the DP’s image, the market had already priced in a strong DP outlook; the event caused a modest dip in the DP price (from 90 % to 89 %) but did not reverse the overall upward trend.
People Power Party lawmaker announces bid for Daegu mayoral election
People Power Party (PPP) dips to 9%1%
PPP lawmaker Choo Kyung-ho announced his candidacy for Daegu mayor, signaling PPP's efforts to regain influence in key local governments despite internal challenges and declining market confidence.
PPP lawmaker announces bid for Daegu mayoral election amid party challenges
Rep. Choo Kyung-ho of the People Power Party announced his candidacy for Daegu mayor, highlighting ongoing efforts by the PPP to regain footing in key local races despite overall declining support.
People Power Party lawmaker Choo Kyung-ho announces bid for Daegu mayoral election
People Power Party (PPP) dips to 8%1%
PPP lawmaker Choo Kyung-ho's announcement to run for Daegu mayor was a notable candidate declaration for the opposition, but it was insufficient to reverse the party's declining market position amid broader challenges and lack of strong candidates in key regions.
People Power Party expels former lawmaker over cross‑party minister nomination
People Power Party (PPP) plunges to 10%40%
The People Power Party expelled former lawmaker Lee Hye‑hoon after she accepted a ministerial nomination from the rival administration. The expulsion was widely reported and drove PPP odds down from 50 % to 10 % on Dec 6.
Prosecutors seek 10-year sentence for ousted President Yoon Suk Yeol
People Power Party (PPP) dips to 9%1%
South Korean prosecutors sought a 10-year sentence for former President Yoon Suk Yeol on multiple charges, including his failed martial law attempt, intensifying the PPP's internal crisis and further eroding its electoral prospects ahead of the local elections.
Democratic Party maintains strong lead amid PPP internal scandals
Democratic Party of Korea (DP) rises to 90%1%
Amid ongoing scandals and leadership resignations within the Democratic Party, including the resignation of floor leader Kim Byung-kee, the party nonetheless maintained strong market confidence. The PPP's inability to capitalize on these issues kept the DP as the clear favorite for the 2026 local elections.
Scandal barrage hits ruling Democratic Party ahead of local elections
Democratic Party of Korea (DP) drops to 84%5%
Multiple scandals involving Democratic Party lawmakers, including allegations of nomination kickbacks and abuse of power, emerged, damaging the party's reputation and causing volatility in market prices for DP and PPP.
Democratic Party floor leader Kim Byung-kee resigns amid allegations
The resignation of Kim Byung-kee as Democratic Party floor leader due to allegations caused some internal party turbulence but did not significantly affect the party's strong market position, which remained high.
LG Energy Solution cancels 3.9 trillion won battery order amid economic concerns
Yes dips to 88%1%
LG Energy Solution's cancellation of a major contract reflected economic uncertainties that could influence voter sentiment and party support, indirectly affecting the local election market dynamics.
South Korean leader says he asked China’s Xi to act as mediator on North Korea issues
Democratic Party of Korea (DP) rises to 91%1%
Lee publicly asked China to mediate the North‑Korea crisis, portraying the Democratic administration as constructive on security issues, nudging DP’s price up a final notch before year‑end.
President Lee Jae Myung's Christmas Church Visit Sparks By-Election Speculation
Democratic Party of Korea (DP) rises to 91%1%
President Lee Jae Myung's public church visit with his spokesperson was seen as an open endorsement, sparking speculation about the spokesperson's potential candidacy in a by-election concurrent with the 2026 local elections. This event underscored the Democratic Party's active engagement and influence in upcoming electoral contests, supporting DP's market strength.
South Korean lawmakers pass bill targeting false information amid censorship concerns
Democratic Party of Korea (DP) rises to 91%3%
The passage of a bill targeting false information amid concerns over censorship highlighted the tense political environment. This may have reinforced market perceptions of political polarization, indirectly benefiting the dominant Democratic Party while weakening opposition parties.
South Korean National Assembly passes bill targeting false information amid censorship concerns
The Democratic Party-led legislature passed a bill imposing heavy damages on media for false information, raising concerns about censorship. This legislative action highlighted the DP's control and may have influenced market confidence in their electoral prospects.
South Korean court sentences former President Yoon to five years in prison related to martial law
The sentencing of Yoon Suk Yeol to prison further diminished the conservative PPP’s standing and reinforced the DP’s dominant position in the political landscape, reflected in the DP’s market price peaking at 90%.
South Korea’s Democratic Party celebrates historic K-pop Grammy win
Democratic Party of Korea (DP) rises to 91%2%
The Democratic Party hailed the Grammy win of the K-pop song 'Golden' as a cultural milestone, enhancing national pride and indirectly boosting the party's popularity and market confidence to a peak of 91%.
South Korea celebrates historic K-pop Grammy win boosting national pride
Democratic Party of Korea (DP) rises to 90%1%
The Grammy win for the K-pop song 'Golden' was celebrated nationwide, enhancing national pride and indirectly supporting the ruling Democratic Party's cultural influence and popularity ahead of local elections.
Lawmakers pass bill to create special insurrection tribunals
Democratic Party of Korea (DP) jumps to 88%8%
The Democratic Party-led National Assembly passed a bill to expedite trials related to ex-President Yoon's martial law declaration, showcasing DP's legislative strength and further marginalizing PPP.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 90%1%
President Lee’s move back to the Blue House symbolized a break from Yoon’s legacy and reinforced the Democratic Party’s political strength, supporting the market’s high confidence in the DP’s electoral success.
DP supreme‑council by‑election rally backs Lee’s agenda
Democratic Party of Korea (DP) rises to 90%2%
The first joint speech for the DP’s supreme‑council by‑election highlighted strong internal support for Lee Jae‑myung’s agenda, reinforcing the party’s momentum and lifting DP’s price from 88 % on Dec 6 to 90 % on Dec 21.
South Korean President Lee Jae Myung visits China amid regional tensions
Democratic Party of Korea (DP) rises to 90%1%
President Lee's visit to China aimed to strengthen bilateral ties and discuss peace on the Korean Peninsula amid rising tensions between China and Japan over Taiwan. This diplomatic engagement enhanced Lee's leadership image and the Democratic Party of Korea's credibility ahead of the local elections.
PPP slams fast‑track Gwangju‑Jeolla merger as election‑time vote‑rigging
People Power Party (PPP) plunges to 9%41%
The ruling party pushed a fast‑track merger bill for Gwangju and South Jeolla, prompting the opposition PPP to accuse the government of using the plan to win the 2026 local elections. The controversy triggered a sharp sell‑off in PPP contracts, dropping the price from 50 % on Dec 2 to 9 % on Dec 4.
Ruling party fast-tracks regional merger bill amid opposition criticism
Democratic Party of Korea (DP) rises to 90%2%
The Democratic Party proposed legislation to merge Gwangju and South Jeolla Province into one administrative division, aiming to strengthen electoral prospects. The opposition accused the ruling party of rushing the plan for electoral advantage, intensifying political tensions.
South Korean President Lee Jae Myung visits China amid regional tensions
Democratic Party of Korea (DP) rises to 90%1%
President Lee’s visit to China aimed to strengthen bilateral ties and discuss peace on the Korean Peninsula, enhancing the Democratic Party’s image as a stabilizing force. This diplomatic engagement helped maintain the DP’s market price near 90%.
Minor opposition leader questioned over election meddling allegations linked to ex-first lady
People Power Party (PPP) plunges to 9%41%
On December 21, 2025, investigations into alleged election meddling involving former President Yoon Suk Yeol and his wife intensified, damaging the People Power Party's reputation and contributing to its market price decline to single digits.
Ruling party fast-tracks Gwangju and South Jeolla merger plan, opposition protests
Democratic Party of Korea (DP) rises to 90%1%
The Democratic Party pushed legislation to merge Gwangju and South Jeolla Province ahead of the 2026 local elections, aiming to consolidate electoral advantage, while the opposition accused them of political maneuvering, intensifying partisan tensions.
DP pushes Daejeon‑South Chungcheong merger as election‑winning strategy
Democratic Party of Korea (DP) rises to 90%1%
The Korea Herald reported that the DP fast‑tracked a regional merger of Daejeon and South Chungcheong Province, presenting it as a “game‑changer” for the 2026 local elections. The policy proposal was framed as a proactive solution to population decline, further strengthening the DP’s momentum and contributing to its price stability near 90 %.
Opposition accuses ruling party of rushing regional merger for electoral gain
Democratic Party of Korea (DP) rises to 90%2%
The People Power Party accused the Democratic Party of Korea of fast-tracking a regional merger plan to gain an electoral edge in the 2026 local elections, highlighting the intensifying political rivalry and reinforcing DP's dominant position in the market.
New Reform Party leader questioned over election meddling allegations
Reform Party (RP) plunges to 2%47%
Lee Jun-seok, leader of the minor New Reform Party, was questioned by special counsel over election meddling allegations linked to the ex-first lady. This scandal likely contributed to the collapse in Reform Party market price to near zero, reflecting diminished electoral prospects.
South Korean President Lee visits China amid regional tensions
Democratic Party of Korea (DP) rises to 89%1%
President Lee's visit to China aimed to strengthen diplomatic ties and regional stability, enhancing the Democratic Party's image as a capable leader in foreign affairs, supporting its market position.
Reform Party and Progressive Party remain at record lows
Reform Party (RP) dips to 0%1%
By mid-December, the Reform Party and Progressive Party failed to gain traction, with their market shares remaining at 1%, indicating that voters were largely ignoring these smaller parties in favor of the Democratic Party.
Bank of Korea announces measures to stabilize won amid economic concerns
Democratic Party of Korea (DP) rises to 89%1%
On December 19, 2025, the Bank of Korea introduced temporary measures to boost dollar supply in the foreign exchange market to contain sharp losses in the won. Economic uncertainty likely influenced voter sentiment, indirectly benefiting the ruling Democratic Party's standing in the local elections.
South Korean President Lee returns to traditional presidential palace
President Lee's move back to the Blue House symbolized a break from Yoon's legacy and a return to traditional governance, reinforcing public confidence in the Democratic Party and supporting its market dominance.
People Power Party accuses President Lee of interfering in local elections
People Power Party (PPP) plunges to 9%41%
The PPP publicly accused President Lee Jae Myung of political interference in the local elections, reflecting internal party tensions and contributing to the party's declining market confidence amid leadership struggles and association with former President Yoon Suk Yeol.
PPP accuses President Lee of election interference over regional merger proposal
People Power Party (PPP) plunges to 9%41%
The PPP publicly accused President Lee of interfering in the upcoming local elections by promoting a merger of Daejeon with South Chungcheong. The accusation framed the ruling party as over‑reaching, wiping out PPP’s support and driving its market price from 50 % to 9 % in a single day.
President Lee’s public praise of DP officials fuels party optimism
Democratic Party of Korea (DP) jumps to 89%9%
President Lee Jae Myung publicly praised Democratic Party officials on Dec 18, 2025, a move described by the Korea Herald as a “dangerous signal” of a coordinated endorsement. The statement was interpreted as a boost to the DP’s image, aligning with the steep rise of DP odds from 80 % to 89 % over the next week.
Democratic Party of Korea holds crucial Supreme Council by-election
Democratic Party of Korea (DP) rises to 90%4%
DP held a by-election for three Supreme Council seats vacated by members running in local elections, highlighting internal party dynamics and leadership consolidation ahead of the local elections. This event reinforced market confidence in DP's organizational strength.
President Lee Jae-myung proposes Daejeon-South Chungcheong Province merger ahead of local elections
Democratic Party of Korea (DP) rises to 89%1%
President Lee Jae-myung suggested merging Daejeon and South Chungcheong Province before the 2026 local elections to enable election of a governor for the integrated region. This move was seen as a strategic effort by the Democratic Party to consolidate regional influence, supporting the party's strong market position.
President Lee Jae Myung suggests Daejeon-South Chungcheong Province merger ahead of local elections
Democratic Party of Korea (DP) rises to 89%1%
President Lee proposed merging Daejeon and South Chungcheong Province to streamline administration and support the election of a governor for the integrated region, signaling proactive governance and boosting DP's appeal.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 89%1%
The Constitutional Court removed the impeached police chief for supporting former President Yoon's martial law imposition, highlighting the judiciary's role in upholding democratic norms. This event further distanced the current government from the previous administration's crisis, strengthening the Democratic Party of Korea's position.
Ruling Democratic Party faces internal leadership test ahead of elections
Democratic Party of Korea (DP) rises to 89%4%
The Democratic Party of Korea prepared for a crucial Supreme Council by-election to fill vacancies left by members resigning to run in the 2026 local elections. This internal contest was important for party unity and strategy, reinforcing market confidence in DP's organizational strength ahead of the elections.
South Korea sets ambitious climate goals under President Lee’s administration
Democratic Party of Korea (DP) rises to 89%1%
The government announced stronger climate commitments and energy policies, reflecting DP’s progressive agenda and enhancing its public support, contributing to sustained market confidence in DP’s electoral prospects.
Crucial Democratic Party Supreme Council by-election to test party leadership ahead of local elections
Democratic Party of Korea (DP) rises to 90%1%
A by-election for three Supreme Council seats in the Democratic Party was scheduled, with incumbents resigning to run in local elections. The outcome was expected to influence the party's leadership dynamics and electoral strategy, reinforcing market confidence in the DP.
Democratic Party floor leader resigns amid nomination scandal
Democratic Party of Korea (DP) dips to 88%1%
On December 18, 2025, Rep. Kim Byung-kee of the Democratic Party resigned as floor leader due to public uproar over alleged preferential treatment in candidate nominations, highlighting internal party challenges ahead of the local elections. Despite this, the DP's market position remained strong, reflecting overall confidence in its electoral prospects.
Democratic Party proposes regional mergers ahead of local elections
Democratic Party of Korea (DP) jumps to 89%9%
Democratic Party members proposed merging Gwangju and South Jeolla Province, and separately Daejeon and South Chungcheong Province, aiming to create new administrative divisions and elect leaders in the 2026 local elections. This strategic move was seen as an effort to consolidate DP's regional influence, boosting market confidence in DP's electoral prospects.
Intensifying infighting in Democratic Party ahead of Supreme Council byelection
Democratic Party of Korea (DP) rises to 90%1%
Internal conflicts within the DP ahead of a Supreme Council byelection created uncertainty but also highlighted the party's active engagement in local election preparations. Despite infighting, the DP maintained strong market support, reflecting confidence in its overall strength.
President Lee proposes merger of Daejeon and South Chungcheong Province ahead of local elections
Democratic Party of Korea (DP) rises to 90%1%
President Lee Jae Myung suggested merging Daejeon and South Chungcheong Province to form a larger administrative region with a new leader to be elected in the 2026 local elections. This strategic move was viewed as an effort to consolidate electoral advantages for the Democratic Party, positively impacting its market odds.
Vacancies in Democratic Party Supreme Council as members resign to run in local elections
Democratic Party of Korea (DP) jumps to 89%9%
Three Democratic Party lawmakers resigned from the Supreme Council to run in the 2026 local elections, signaling party focus on these contests and impacting market confidence in DP's organizational strength.
Democratic Party Finalizes Local Nomination Rules and Accelerates Election Push
Democratic Party of Korea (DP) rises to 90%2%
The Democratic Party finalized nomination rules focusing on member-led primaries and livelihood pledges, accelerating preparations for the 2026 local elections. This solidified the party's strategic advantage and contributed to a sustained increase in DP's market price.
PPP mulls rebranding, alliance to curb slipping support
An internal report said the PPP was exploring a name change or alliance to halt its sliding poll numbers. The news added to investor pessimism, keeping PPP prices stagnant around the low‑single digits (9 % on Dec 13 to 9 % on Dec 15).
People Power Party explores rebranding amid political struggles
People Power Party (PPP) plunges to 9%41%
The main opposition People Power Party announced plans to consider a name change and alliances to regain political footing, reflecting internal challenges and weakening market confidence, contributing to a drop in PPP's market price from 50% to around 9%.
People Power Party struggles with declining public support ahead of local elections
People Power Party (PPP) plunges to 10%40%
The main opposition People Power Party faced slipping public support despite growth in loyal members, raising doubts about its electoral prospects and causing a sharp drop in its market price.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 89%1%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, reversing Yoon’s relocation and symbolizing a political shift favoring the DP. This move bolstered market confidence in the DP’s governance and electoral strength.
People Power Party struggles amid bribery allegations and internal strife
People Power Party (PPP) plunges to 9%41%
The main opposition People Power Party intensified attacks on the ruling Democratic Party over bribery allegations linked to the Unification Church, but struggled to regain public support, leading to a significant drop in market confidence for PPP ahead of the local elections.
PPP teams with New Reform Party to probe DP’s alleged church‑bribe scandal
People Power Party (PPP) plunges to 9%41%
On Dec 16, 2025 the Korea Herald reported that the PPP intensified attacks on the DP over alleged Unification Church‑linked bribery, while also coordinating with the minor New Reform Party to propose a special‑counsel investigation. The negative press surrounding the PPP’s own scandal‑related accusations contributed to a continued decline in its market price from the early‑December high of 50 % to single‑digit levels.
People Power Party approval rating plummets 11.2 points amid leadership backlash
People Power Party (PPP) plunges to 9%41%
An ARS poll showed the PPP’s approval plunging 11.2 points amid backlash to leader Jang’s hard‑line direction. The steep drop in public support coincided with the market’s plunge for PPP from 50 % to 9 % the next day.
Conservative party’s support slips despite growth in loyal base
People Power Party (PPP) plunges to 9%41%
A Korea Herald poll piece showed the People Power Party’s (PPP) approval sliding by 2.4 points while the DP gained 1.6 points. The same story noted the PPP’s struggle to translate a growing loyal base into broader public support, triggering a sharp market sell‑off for PPP from 50 % to 9 % within two days.
South Korean court sentences former President Yoon to 5 years in prison over martial law
People Power Party (PPP) dips to 8%1%
The sentencing of Yoon to five years in prison confirmed the legal troubles of the conservative leader, further diminishing the People Power Party's prospects and boosting the Democratic Party's market confidence.
Democratic Party leads in public opinion polls ahead of local elections
Democratic Party of Korea (DP) rises to 90%1%
Gallup Korea polls showed the Democratic Party with 43% support, nearly double that of the People Power Party's 22%, reinforcing market confidence in the DP's electoral prospects for the 2026 local elections.
South Korean court sentences former President Yoon to 5 years in prison for martial law related charges
Democratic Party of Korea (DP) rises to 89%1%
The court sentenced Yoon to five years in prison, marking the first verdict in his multiple trials and confirming the legal troubles that have diminished the conservative party’s electoral prospects, boosting the Democratic Party’s confidence.
South Korean climate minister outlines LNG deal negotiations with the United States
Democratic Party of Korea (DP) rises to 90%1%
The announcement of ongoing LNG negotiations signaled economic focus for the Democratic administration, marginally boosting DP while minor parties saw little impact.
DP Central Committee re‑votes to change local‑election nomination rules
Democratic Party of Korea (DP) rises to 90%1%
The Asia Economy reported that the DP held a re‑vote on amending its nomination rules on Dec 15, 2025. The successful amendment was presented as a move to streamline candidate selection for the June 2026 local elections, reinforcing confidence among DP supporters and helping keep the party’s odds near the 90 % mark.
DP re‑votes on nomination rule amendment ahead of local elections
Democratic Party of Korea (DP) jumps to 88%8%
The Democratic Party held a Central Committee re‑vote on its local‑election nomination rule amendment, promising member‑led primaries. The move signaled a clearer, more democratic candidate‑selection process, boosting confidence in the DP’s ability to win mayoral and governor races and pushing DP odds up from 80 % to 88 % that day.
Lawmakers pass bill to create special insurrection tribunals
Democratic Party of Korea (DP) rises to 89%1%
The DP-led National Assembly passed legislation to expedite trials related to Yoon's martial law declaration, with PPP lawmakers boycotting the vote and launching a filibuster, signaling deep partisan divide.
DP clears nomination‑rule amendment with 80% backing at Dec 15 Central Committee vote
Democratic Party of Korea (DP) jumps to 89%9%
The Democratic Party held a central‑committee re‑vote on amendments to its nomination rules for the 2026 local elections, securing an 80% approval. The clarification of the nomination process was seen as a catalyst that boosted confidence in the ruling party, lifting DP’s market price from 80 % on Dec 2 to 89 % on Dec 4.
Democratic Party of Korea holds Central Committee re-vote on local election nomination rule amendments
Democratic Party of Korea (DP) rises to 89%1%
The DP held a re-vote to amend nomination rules for the 2026 local elections, aiming to strengthen party unity and improve candidate selection, which boosted market confidence in the DP's election prospects.
Rebuilding Korea Party endorses Democratic Party's Lee Jae-myung for presidency
Democratic Party of Korea (DP) jumps to 89%9%
The Rebuilding Korea Party officially endorsed Lee Jae-myung of the Democratic Party for the 2025 presidential election, signaling consolidation of liberal support and weakening minor party prospects. This endorsement helped boost the Democratic Party's market confidence ahead of the local elections.
Democratic Party holds Central Committee re-vote on local election nomination rule amendments
Democratic Party of Korea (DP) rises to 89%1%
The Democratic Party of Korea conducted a re-vote on amendments to its nomination rules for the 2026 local elections, aiming to strengthen candidate selection and electoral competitiveness. This internal party reform helped maintain market confidence in the DP's prospects for the upcoming elections.
South Korea indicts ex-leader Yoon over power plot provoking North
Former President Yoon Suk-yeol was indicted for his controversial martial law declaration and alleged power abuses, deepening political crisis and weakening the PPP's position.
Democratic Party holds re-vote on nomination rule amendments to start local election nominations
Democratic Party of Korea (DP) rises to 89%1%
The Democratic Party of Korea held a re-vote on amendments to its nomination rules, a critical step to begin candidate nominations for the 2026 local elections. This procedural progress boosted market confidence in the party's organizational readiness and electoral prospects.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) rises to 89%1%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, reversing his predecessor Yoon’s relocation. This symbolic act signaled a return to stability and the Democratic Party’s consolidation of power, supporting the DP’s market price near 89-90%.
Democratic Party to Re-vote on Local Election Nomination Rule Amendments
Democratic Party of Korea (DP) jumps to 89%9%
The Democratic Party of Korea held a re-vote at its Central Committee to amend nomination rules for the upcoming local elections, aiming to streamline candidate selection. This move was seen as strengthening the party's organizational readiness, boosting market confidence in the DP's election prospects.
People Power Party plans to boost member‑vote weight to 70 % for local elections
People Power Party (PPP) plunges to 9%41%
The PPP’s local‑election planning team proposed raising the weight of party‑member votes from 50 % to 70 % in primary selections, a move criticised as alienating moderate voters. The proposal sparked internal dissent and contributed to the market’s rapid slide for PPP.
DP to hold Central Committee re‑vote on local election nomination rule amendments
Democratic Party of Korea (DP) rises to 90%1%
The DP held a Central Committee re‑vote on the same 50‑50 nomination amendment after an earlier vote fell short. The re‑vote’s success was portrayed as a decisive step toward finalising candidate lists, reinforcing market confidence in the DP and keeping its price near 90 %.
President Lee’s China visit raises hopes for diplomatic stability
Democratic Party of Korea (DP) dips to 89%1%
President Lee’s four‑day trip to China was framed as a step toward regional stability, reinforcing confidence in the ruling Democratic Party and supporting DP’s price stability.
North Korea launches ballistic missiles toward sea
Rebuilding Korea Party (RKP) dips to 1%2%
A series of short‑range missile launches by North Korea heightened security concerns, prompting voters to shift away from smaller protest parties (Progressive, Reform, Rebuilding Korea) toward the main opposition, depressing their market values.
Court sentences former President Yoon to five years in prison for martial‑law decree
People Power Party (PPP) dips to 8%1%
The sentencing cemented the PPP’s legal troubles, pushing its market price down to single‑digit levels and reinforcing confidence in a DP win.
North Korea’s missile launches raise regional tensions ahead of upcoming party congress
Democratic Party of Korea (DP) rises to 90%1%
Heightened security concerns shifted some market focus to the Democratic Party’s handling of foreign policy, sustaining its price gains while keeping Reform Party (RP) and Rebuilding Korea Party (RKP) at near‑zero levels.
Polls show Democratic Party leading ahead of 2026 local elections
Democratic Party of Korea (DP) rises to 89%1%
Polls conducted in late 2025 indicated strong public support for the Democratic Party, with approval ratings for President Lee Jae Myung above 60% and the DP leading the PPP by wide margins in key regions. This polling data reinforced market expectations of a Democratic Party landslide in the upcoming local elections.
South Korean President Lee returns to presidential palace avoided by predecessor
Democratic Party of Korea (DP) rises to 90%1%
Lee’s symbolic return to the historic Blue House was framed as a break from Yoon’s legacy, reinforcing the Democratic Party’s momentum and lifting its price modestly.
North Korea launches ballistic missiles toward sea amid rising tensions
Democratic Party of Korea (DP) rises to 90%2%
North Korea's missile launches heightened security concerns on the peninsula, increasing demand for strong leadership and benefiting the Democratic Party, which is seen as better positioned to manage security challenges.
People Power Party Demands Special Counsel for Unification Church Scandal
People Power Party (PPP) dips to 9%4%
The PPP called for a special counsel and dismissal of officials amid allegations of illegal political donations from the Unification Church, intensifying political turmoil and further weakening the party's standing.
Democratic Party celebrates South Korea’s first Grammy win for K‑pop song “Golden”
Democratic Party of Korea (DP) rises to 89%1%
The cultural triumph was highlighted by the Democratic Party as evidence of Korea’s global influence under its leadership, further bolstering DP confidence and keeping rival parties’ odds low.
South Korea’s ruling liberal bloc fast-tracks merger of Daejeon and South Chungcheong Province
Democratic Party of Korea (DP) rises to 90%2%
The Democratic Party pushed to merge Daejeon and South Chungcheong Province ahead of the 2026 local elections, aiming to create a stronger regional base and electoral advantage, which was criticized by the opposition as a political tactic but supported by the ruling party as a strategic move.
DP lawmaker Park Joo‑min declares Seoul mayoral candidacy
Democratic Party of Korea (DP) rises to 89%1%
Park Joo‑min formally announced his candidacy for Seoul mayor, the most high‑profile local race. The announcement underscored the DP’s strong line‑up and drove the market’s DP price up from 88 % to 89 % as the party appeared poised to recapture the capital.
Rebuilding Korea Party experiences volatility amid political realignment
Rebuilding Korea Party (RKP) dips to 1%2%
The Rebuilding Korea Party saw a brief spike in interest followed by a decline, reflecting the broader instability and consolidation of the political landscape as voters gravitated toward the established Democratic Party.
South Korea’s Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 8%2%
The Constitutional Court removed the police chief for supporting Yoon's martial law, highlighting the legal fallout for Yoon's allies and further weakening the conservative PPP's standing in the election market.
People Power Party leader Jang Dong-hyeok criticizes ruling party amid low support
People Power Party (PPP) dips to 9%1%
PPP leader Jang Dong-hyeok publicly criticized the Democratic Party government but acknowledged the opposition's weak position. With PPP support at historic lows, this event underscored the party's struggles and contributed to continued market pessimism about its chances in the local elections.
South Korea’s former first lady Kim Keon Hee sentenced to 20 months in jail for corruption
People Power Party (PPP) plunges to 9%41%
The sentencing of former first lady Kim Keon Hee to 20 months in jail on corruption charges related to luxury gifts and political influence scandals further damaged the reputation of the conservative People Power Party, which she was linked to through her husband, former President Yoon Suk Yeol. This event contributed to the decline in market confidence for the PPP ahead of the local elections.
Seoul mayoral race intensifies amid legal hurdles for incumbent
People Power Party (PPP) plunges to 9%41%
The Seoul mayoral race, a key contest in the 2026 local elections, became more volatile as incumbent Oh Se-hoon faced legal challenges, increasing uncertainty for the People Power Party's prospects and contributing to a sharp drop in PPP market support.
Poll shows President Lee Jae-myung approval at 69%, Democratic Party support rises
Democratic Party of Korea (DP) jumps to 89%9%
A poll released in early December 2025 showed President Lee Jae-myung's approval rating holding at 69%, with the Democratic Party's support rising to 47%. This positive public sentiment reinforced market confidence in the DP's chances in the upcoming local elections.
Local election sparring intensifies with Seoul mayoral race heating up
Democratic Party of Korea (DP) jumps to 88%8%
As the Seoul mayoral race gained attention, political attacks and speculation increased, highlighting the Democratic Party's strong positioning and the challenges faced by the People Power Party. This contributed to the market's growing confidence in the Democratic Party's prospects and the decline in PPP's odds.
South Korea’s Constitutional Court removes police chief for supporting Yoon’s martial law
People Power Party (PPP) dips to 9%1%
The Constitutional Court removed the impeached police chief for deploying officers to support Yoon’s martial law, reinforcing the legal and political isolation of Yoon and the PPP, further weakening their electoral prospects and supporting DP’s rise.
President Lee Jae Myung signals support for Democratic Party candidates in Seoul mayoral race
Democratic Party of Korea (DP) rises to 90%2%
President Lee Jae Myung publicly praised Democratic Party officials and candidates, which was interpreted as a strong endorsement and nomination guideline, boosting the DP's market position and raising concerns among opposition parties about election interference.
South Korea’s political sphere intensifies local election preparations amid Seoul mayoral race
Democratic Party of Korea (DP) jumps to 88%8%
As the 2026 local elections approached, political activity increased with the Seoul mayoral race drawing significant attention, signaling the start of election mode and influencing market perceptions of party strengths.
Seongdong District Chief Chong Won-o gains momentum in Seoul mayoral race
Democratic Party of Korea (DP) rises to 89%1%
Chong Won-o, a Democratic Party figure, gained prominence in the Seoul mayoral race, a key contest in the 2026 local elections. President Lee's public commendation of Chong was seen as an implicit endorsement, intensifying political competition and boosting the Democratic Party's perceived electoral strength in Seoul.
South Korean prosecutor seeks death sentence for ex-President Yoon Suk Yeol over martial law decree
Democratic Party of Korea (DP) rises to 89%1%
An independent counsel demanded the death sentence for former President Yoon Suk Yeol on rebellion charges related to his brief imposition of martial law in December 2024. This legal action underscored the political downfall of Yoon and reinforced the legitimacy of the current administration, benefiting the Democratic Party of Korea's standing.
Seongdong District Chief rises as leading Democratic Party candidate for Seoul mayor
Democratic Party of Korea (DP) jumps to 89%9%
Within the Democratic Party, Seongdong District Chief Chong Won-o gained prominence in internal polls for the Seoul mayoral race, boosting market confidence in the party's local election prospects.
President Lee Jae-myung publicly praises Democratic Party candidate Chong Won-o in Seoul mayoral race
Democratic Party of Korea (DP) jumps to 88%8%
President Lee's public endorsement of Chong Won-o, a leading Democratic Party candidate for Seoul mayor, boosted confidence in the DP's prospects in a key local election, contributing to the rise in DP's market price and decline in PPP's standing due to perceived election interference.
New Reform Party warns Lee’s praise may be hidden nomination cue
Reform Party (RP) plunges to 2%47%
During a Seoul mayoral‑race briefing, a New Reform Party spokesperson warned that a positive comment from President Lee could be interpreted as a covert nomination guideline, casting doubt on minor parties’ prospects and pushing RP’s price down from 49 % on Dec 3 to 2 % on Dec 5.
People Power Party’s Na Kyung‑won accuses President Lee of election interference
People Power Party (PPP) plunges to 9%41%
PPP lawmaker Na Kyung‑won publicly accused President Lee of election interference after the president praised Democratic Party official Chong Won‑o. The accusation highlighted internal tension and further eroded PPP’s standing, reinforcing the market’s downward trend for the party.
Seoul mayoral race intensifies amid bipartisan attacks
Democratic Party of Korea (DP) jumps to 88%8%
The Seoul mayoral race heated up with increased speculation and attacks between parties, signaling the start of intense election competition. This heightened political activity likely contributed to shifts in market confidence, particularly affecting the Democratic Party's prospects.
Democratic Party intensifies local election preparations with multiple Supreme Council members running
Democratic Party of Korea (DP) jumps to 88%8%
The ruling Democratic Party of Korea saw three Supreme Council members announce bids for local government positions, signaling strong internal mobilization and focus on key races like Seoul mayor. This boosted market confidence in the DP's chances, reflected in a price jump from 80% to 88%.
Democratic Party revises local proportional nomination rule to split votes 50‑50
Democratic Party of Korea (DP) jumps to 89%9%
The Democratic Party announced it would split the vote for proportional‑list local seats 50‑50 between dues‑paying members and the party’s standing committees. The reform was framed as a move toward greater democratisation and was widely reported as a boost for the party’s grassroots credibility, spurring a sharp rally in the DP market price (from 80 % to 89 % on Dec 4).
South Korea’s Constitutional Court removes police chief for supporting martial law
People Power Party (PPP) dips to 8%1%
The Constitutional Court removed the impeached police chief for deploying officers to support Yoon’s martial law imposition, underscoring the illegality of the decree and weakening the conservative camp further. This event contributed to the continued decline in PPP and other smaller parties' market prices.
Election‑integrity concerns arise over possible DP‑RKP merger
Progressive Party (PP) plunges to 2%49%
UPI reported a controversy over a possible merger between the Democratic Party and the Rebuilding Korea Party. The rumor threatened to absorb RKP and PP into the larger DP, prompting investors to dump RKP and PP shares, sending PP from 51 % to 2 % and RKP from 50 % to 3 % within days.
Election‑integrity concerns arise over possible DP‑RKP merger
Rebuilding Korea Party (RKP) plunges to 3%47%
The same merger controversy that hit the Progressive Party also caused a sharp sell‑off in RKP, whose price fell from 50 % to 3 % as market participants feared the party would lose its independent identity.
Concerns over election integrity and party mergers surface
Democratic Party of Korea (DP) rises to 90%2%
Reports emerged about controversies including a possible merger between the Democratic Party and the Rebuilding Korea Party, raising questions about election integrity and party strategies. This likely reinforced confidence in the DP while casting doubts on smaller parties.
South Korean President Lee visits China amid regional tensions
Democratic Party of Korea (DP) rises to 89%1%
President Lee Jae Myung's visit to China aimed to strengthen diplomatic and economic ties during rising regional tensions, bolstering the Democratic Party's image as a stabilizing force and contributing to its market strength.
People Power Party faces internal turmoil and leadership challenges
People Power Party (PPP) plunges to 9%41%
The PPP experienced significant internal divisions and leadership disputes following the 2025 presidential election, including controversies over candidate nominations and legal challenges. This turmoil weakened the party's standing and contributed to a sharp decline in market confidence for the PPP in December 2025.
Democratic Party gains as scandal‑hit parties tumble
Democratic Party of Korea (DP) rises to 87%3%
Amid the escalating legal crisis for Yoon and his allies, public opinion polls showed a surge in support for the Democratic Party of Korea, lifting its market price toward the 90% range.
President Lee Jae‑Myung returns to Cheong Wa Dae, ending Yoon’s office relocation
Democratic Party of Korea (DP) jumps to 89%9%
Lee’s move back to the historic Blue House signalled a break from Yoon’s legacy, energising Democratic voters and pushing DP prices higher while marginalising PPP and minor parties.
South Korean Constitutional Court removes police chief over martial law involvement
People Power Party (PPP) dips to 9%1%
The Constitutional Court removed the police chief for supporting Yoon’s martial law imposition, reinforcing the legal and political fallout for Yoon’s conservative allies and further weakening the People Power Party’s position.
South Korean authorities summon civilian over alleged drone flights toward North Korea
Reform Party (RP) plunges to 0%49%
The investigation into civilian‑launched drones heightened security concerns for the ruling government, marginally affecting smaller parties linked to hard‑line security stances, notably the Reform Party (RP).
South Korean court sentences Yoon to 5 years in prison on martial‑law case
People Power Party (PPP) dips to 9%1%
Yoon’s first criminal conviction – a five‑year prison sentence – was announced, delivering a clear punitive blow to the People Power Party and its allies, which translated into a sharp price fall for PPP and collateral drops for minor parties.
Rebuilding Korea Party (RKP) price plummets after Yoon’s legal troubles intensify
Rebuilding Korea Party (RKP) plunges to 3%47%
The mounting legal pressure on Yoon and his allies caused traders to view the RKP, another minor PPP‑aligned party, as untenable, driving its price to near‑zero.
North Korea accuses South Korea of cross‑border drone incursions
People Power Party (PPP) dips to 8%1%
The accusation heightened security tensions and reflected poorly on the ruling coalition, reinforcing voter backlash against parties linked to the Yoon administration, notably the PPP and its minor partners.
Court sentences former President Yoon to five years for martial‑law decree
People Power Party (PPP) rises to 13%4%
A Seoul court handed former President Yoon a five‑year prison term for his role in the December 2024 martial‑law episode, cementing the legal fallout and prompting further erosion of support for the PPP and its allied minor parties.
South Korea celebrates K‑pop’s historic Grammy win
Democratic Party of Korea (DP) jumps to 87%7%
The Grammy award for a Korean song was hailed by the Democratic Party as a cultural triumph, boosting its popularity and driving DP’s price upward during the week.
President Lee Jae Myung returns to Cheong Wa Dae, signaling stability
Democratic Party of Korea (DP) jumps to 89%9%
Lee’s move back to the historic presidential palace underscored the Democratic Party’s governance stability, reinforcing DP’s upward price movement from 80% to 89% during the period.
Reform Party (RP) collapses as prosecutors target Yoon’s network
Reform Party (RP) plunges to 0%49%
The aggressive prosecution narrative extended to Yoon’s broader network, wiping out confidence in the Reform Party, a minor group seen as a PPP satellite.
South Korea’s Constitutional Court removes police chief over martial law involvement
The Constitutional Court’s removal of the police chief for his role in the martial‑law crackdown further implicated the conservative establishment, accelerating the slide in the People Power Party’s price.
Democratic Party consolidates power after 2025 presidential election victory
Democratic Party of Korea (DP) jumps to 89%9%
Following the June 2025 presidential election victory of Lee Jae Myung and the Democratic Party, the party consolidated its control over the executive and legislative branches. This political dominance was reflected in market confidence, with the DP's price rising significantly during December 2025 as it prepared for the 2026 local elections.
Constitutional Court removes police chief over 2024 martial‑law involvement
The court’s decision to strip the police chief of his post for supporting Yoon’s illegal martial‑law move further damaged the People Power Party’s reputation and reinforced the Democratic Party’s lead.
South Korean court sentences former President Yoon to 5 years in prison on martial law-related charges
Democratic Party of Korea (DP) jumps to 89%9%
The court sentenced Yoon to five years in prison for his role in the martial law crisis, marking the first verdict in multiple trials. This reinforced the market's confidence in the Democratic Party of Korea, which rose from 80% to near 89%, while the PPP and other parties declined further.
South Korean president visits China as tensions with Japan over Taiwan rise
President Lee’s first interview inside the Blue House and his subsequent visit to Beijing signaled a rapid reset of foreign policy. The diplomatic outreach was portrayed as a success for the ruling Democratic Party, boosting its market price, while the conservative opposition lost credibility.
People Power Party leader targets Lee Jae-myung administration in local elections
People Power Party (PPP) plunges to 9%41%
The People Power Party intensified attacks on the ruling Democratic Party, attempting to regain momentum ahead of the 2026 local elections. Despite these efforts, the PPP's market price sharply declined, reflecting diminished public confidence and electoral prospects after the political turmoil and martial law crisis.
South Korea sets ambitious offshore wind power target amid climate commitments
Democratic Party of Korea (DP) rises to 89%2%
South Korea announced a goal to boost offshore wind power capacity to 4 gigawatts, reflecting the Democratic Party's climate agenda and appealing to progressive voters, supporting DP's market strength.
South Korean Constitutional Court removes police chief for martial‑law involvement
The court’s decision to oust the police chief implicated in Yoon’s martial‑law actions further undermined confidence in the ruling conservative bloc, reinforcing the decline of PPP and its allied minor parties.
Constitutional Court removes police chief for martial‑law involvement
People Power Party (PPP) dips to 9%1%
The Constitutional Court formally removed Police Chief Cho Ji‑ho for his role in supporting Yoon’s illegal martial‑law deployment, further implicating the PPP‑aligned security apparatus and deepening voter backlash against the party.
South Korea’s Democratic Party consolidates lead amid Yoon’s legal troubles
Democratic Party of Korea (DP) jumps to 88%8%
Following the prosecution's death penalty request for Yoon, the Democratic Party of Korea's market price rose sharply from 80% to 88%, reflecting increased confidence in their electoral prospects as the conservative opposition weakened.
President Lee Jae Myung returns to Cheong Wa Dae after relocating presidential office
Democratic Party of Korea (DP) jumps to 86%6%
Lee’s move back to the historic Blue House underscored the Democratic Party’s consolidation of power and boosted confidence in DP’s prospects for the upcoming local elections.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 90%3%
The Constitutional Court removed the impeached police chief for supporting Yoon's martial law attempt, reinforcing the legal consequences faced by Yoon's faction and further weakening the People Power Party's market position.
Progressive Party (PP) loses all market support after Yoon’s death‑penalty request
Progressive Party (PP) plunges to 0%51%
The death‑penalty move signaled a broader crackdown on right‑wing factions, causing investors to abandon the minor Progressive Party, which had been linked to PPP allies.
PPP leadership criticized for defending martial law amid election woes
People Power Party (PPP) plunges to 9%41%
PPP leaders faced public backlash for defending martial law, which alienated centrist voters and contributed to the party's declining support in polls and markets. This controversy further weakened PPP's electoral prospects.
Reform and Progressive parties hit by fresh corruption allegations
Progressive Party (PP) plunges to 2%49%
A series of reports on a fresh corruption probe into minor parties (PP, RP, RKP) – notably a leaked allegation that the Reform Party’s leadership had accepted illegal donations – caused investors to dump all three minor‑party contracts, sending their prices from around 50 % to 1‑2 % within days.
PPP weighs alliance with New Reform Party, possible …
People Power Party (PPP) plunges to 9%41%
The Korea Herald reported that the PPP was seeking an alliance with the New Reform Party, signaling possible consolidation of the conservative vote. The news compounded doubts about the PPP’s independent strength and further depressed its market price, while minor parties (Reform Party and Rebuilding Korea Party) lost credibility and fell to 1‑2 % levels.
Democratic Party of Korea gains momentum as opposition struggles
Democratic Party of Korea (DP) jumps to 88%8%
As the People Power Party and other minor parties faced a collapse in support following the legal developments against Yoon, the Democratic Party of Korea saw its market share rise, reflecting its strengthened position as the dominant political force.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) jumps to 88%8%
President Lee Jae Myung moved back to the Blue House, symbolically distancing his administration from the turmoil of his predecessor Yoon. This bolstered confidence in the Democratic Party, reflected in its price rising from 80% to 88%.
South Korean President Lee visits China to discuss regional security and trade
Democratic Party of Korea (DP) jumps to 88%8%
President Lee Jae Myung’s four‑day visit to Beijing signaled stronger diplomatic ties and economic cooperation, boosting confidence in the ruling Democratic Party (DP) and raising its price from 80% to 88%.
People Power Party accuses Kim Hyun-ji of orchestrating personnel scandal
The PPP accused presidential aide Kim Hyun-ji of masterminding personnel manipulation, intensifying the scandal and further undermining the party's standing.
South Korean prosecutors seek death penalty for former President Yoon over martial law decree
People Power Party (PPP) plunges to 7%43%
The prosecution's request for the death penalty against former President Yoon Suk Yeol, who is facing rebellion charges, significantly damaged the conservative opposition's credibility and likely contributed to the PPP's steep price decline as the market shifted toward the DP.
South Korean President Yoon Suk Yeol declares martial law, sparking political crisis
People Power Party (PPP) plunges to 9%41%
President Yoon's declaration of martial law in December 2024 led to his impeachment and removal in April 2025, severely damaging the People Power Party's public standing and contributing to its decline in support and internal divisions, reflected in the market's sharp drop for PPP.
Constitutional Court removes police chief over martial‑law involvement
People Power Party (PPP) dips to 9%4%
The court’s decision to strip the police chief of his post for supporting Yoon’s illegal martial‑law move further implicated the PPP and its allies, pushing their market price down sharply.
PPP Fractures Over Martial Law as Some Lawmakers Apologize
People Power Party (PPP) plunges to 3%47%
The PPP split over support for Yoon's martial law, with some lawmakers apologizing while others defended it. This internal division weakened the party's unity and credibility.
Democratic Party floor leader Kim Byung-kee resigns amid allegations
Democratic Party of Korea (DP) dips to 87%1%
Kim Byung-kee's resignation due to allegations of misconduct created internal challenges for the Democratic Party but did not significantly dent market confidence, as the party maintained strong local election prospects.
Democratic Party consolidates power amid political polarization
Democratic Party of Korea (DP) jumps to 90%10%
The Democratic Party, led by President Lee Jae-myung, strengthened its position amid deep political polarization and public desire for stability. This bolstered market confidence in the DP's prospects for the 2026 local elections, pushing prices higher.
President Lee Jae Myung marks anniversary of martial law with policy address
Democratic Party of Korea (DP) jumps to 88%8%
President Lee Jae Myung delivered a special address on December 3, 2025, marking the first anniversary of former President Yoon Suk Yeol's brief imposition of martial law. This event reinforced Lee's leadership image and set the tone for the upcoming local elections, boosting confidence in the Democratic Party's prospects.
South Korea marks first anniversary of failed martial law attempt with President Lee praising democracy
Democratic Party of Korea (DP) jumps to 88%8%
On the first anniversary of the failed December 3, 2024 martial law attempt, President Lee Jae Myung praised citizens for defending democracy and announced reforms to institutionalize popular sovereignty. This event reinforced public support for the Democratic Party and its leadership, boosting market confidence in the DP's prospects for the 2026 local elections.
South Korea’s Constitutional Court removes police chief over martial law involvement
Democratic Party of Korea (DP) rises to 90%1%
The Constitutional Court removed the police chief for supporting Yoon's martial law, highlighting institutional rejection of the former president's actions and further weakening the PPP's image ahead of the elections.
Democratic Party consolidates lead after snap presidential election victory
Democratic Party of Korea (DP) jumps to 89%9%
Following Lee Jae-myung's victory in the June 2025 snap presidential election, the Democratic Party of Korea (DP) strengthened its position as the ruling party. Market confidence in the DP rose sharply as it prepared to leverage its legislative majority and presidential mandate in the upcoming local elections.
South Korean prosecutor demands death sentence for ex-leader Yoon over martial law decree
Democratic Party of Korea (DP) jumps to 87%7%
An independent counsel formally requested the death sentence for Yoon, describing his martial law decree as a self-coup, intensifying the political crisis and undermining the conservative PPP's standing, reflected in its price drop from 50% to 9%.
People Power Party suffers internal turmoil after presidential primary upset
People Power Party (PPP) plunges to 9%41%
Following the 2025 PPP presidential primary, the party experienced internal conflict and leadership disputes, including the controversial replacement and reinstatement of Kim Moon-soo as presidential candidate, undermining party unity and causing a sharp drop in market confidence.
Former President Yoon declares martial law attempt justified amid trial
People Power Party (PPP) rises to 10%1%
Yoon publicly defended his actions during the insurrection trial, calling investigations 'frenzied' and denying wrongdoing. This statement failed to improve his party's standing, with the People Power Party price remaining low at around 9-10%.
People Power Party support collapses amid internal strife and fallout from 2025 presidential loss
People Power Party (PPP) plunges to 9%41%
Following the PPP's defeat in the June 2025 presidential election and ongoing internal disputes over ties to former President Yoon Suk-yeol, the party's market price plunged from 50% to 9%, reflecting diminished electoral prospects.
People Power Party demands resignation over personnel manipulation scandal
People Power Party (PPP) plunges to 9%41%
The PPP called for resignations and a special counsel probe into personnel manipulation involving key figures, damaging the party's reputation and causing a sharp drop in its market price from 50% to 9%.
South Korean President Lee returns to traditional presidential palace
Democratic Party of Korea (DP) jumps to 87%7%
President Lee Jae Myung moved back to the Blue House, reversing his predecessor Yoon's relocation, symbolizing a return to traditional governance and strengthening the Democratic Party's image ahead of local elections.
South Korean independent counsel demands death sentence for ex-President Yoon over martial law decree
People Power Party (PPP) plunges to 9%41%
An independent counsel sought the death penalty for former President Yoon Suk Yeol on rebellion charges related to his December 2024 martial law decree, highlighting his political downfall and undermining the conservative PPP's prospects. This legal pressure contributed to a sharp drop in PPP market price from 50% to 9% and a rise in DP confidence.
South Korea schedules snap local elections for June 3, 2026
Yes jumps to 88%8%
The government announced the date for the 2026 local elections, setting the stage for the contest between major parties and influencing market expectations for the Democratic Party's continued dominance.
Prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) plunges to 13%37%
South Korean prosecutors formally requested the maximum penalty for ex‑President Yoon Suk Yeol, intensifying the scandal surrounding the conservative People Power Party (PPP) and eroding its electoral prospects.
Polls show Democratic Party leads in key local races, PPP struggles
Democratic Party of Korea (DP) plunges to 9%41%
A JoongAng Ilbo-commissioned survey showed Democratic Party candidates leading in major races such as Seoul mayor and Gyeonggi governor, while PPP candidates trailed significantly. This polling data caused a sharp drop in PPP market prices and a rise in DP confidence.
New Year’s poll puts Democratic Party 14 points ahead of People Power Party
Democratic Party of Korea (DP) jumps to 88%8%
A New Year’s poll released by KSTAT (cited by Asia‑Economy) showed the Democratic Party at 40 % support while the People Power Party lagged at 26 %, giving the DP a 14‑point lead and sparking a sharp rise in DP market odds from 80 % to 88 % the same day.
People Power Party Accuses Presidential Aide Kim Hyun-ji of Personnel Scandal
People Power Party (PPP) plunges to 13%37%
The PPP accused presidential aide Kim Hyun-ji of orchestrating a personnel manipulation scandal, demanding a special inspector. This scandal damaged the PPP's reputation and contributed to a sharp drop in its market price from 50% to 13%.
Democratic Party confirms Kim Kyoung-soo as candidate for South Gyeongsang governor
Democratic Party of Korea (DP) jumps to 88%8%
Kim Kyoung-soo, a prominent figure with ties to former presidents, was confirmed as the Democratic Party's candidate for South Gyeongsang Province governor, signaling the party's strong positioning in key regions and boosting market confidence in the DP's prospects.
South Korean President Lee Jae Myung returns to traditional presidential palace
Democratic Party of Korea (DP) jumps to 89%9%
President Lee Jae Myung moved the presidential office back to Cheong Wa Dae, the traditional Blue House, reversing his predecessor Yoon Suk Yeol's relocation. This symbolic act signaled a return to established governance norms and boosted confidence in Lee's administration, positively impacting the Democratic Party of Korea's prospects in the local elections.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
People Power Party (PPP) plunges to 9%41%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol over his brief imposition of martial law, signaling severe legal jeopardy for the conservative figure and undermining the People Power Party's prospects. This caused a sharp drop in PPP's market price and a rise in DP's confidence.
Democratic Party confirms key local election candidates including Kim Kyoung-soo
Democratic Party of Korea (DP) jumps to 88%8%
The Democratic Party announced nominations of prominent figures such as Kim Kyoung-soo for South Gyeongsang Province governor and other heavyweights for major local posts, reinforcing market confidence in DP's local election prospects and driving up DP prices.
South Korean prosecutors seek death penalty for former President Yoon on insurrection charge
Democratic Party of Korea (DP) jumps to 87%7%
Prosecutors demanded the death penalty for former President Yoon Suk Yeol for his role in the December 2024 martial law attempt, signaling a severe legal crackdown on Yoon and his conservative allies. This heightened political risk for the People Power Party, causing its market price to plummet from 50% to 9%, while boosting the Democratic Party's prospects.
Conservative People Power Party faces declining support ahead of 2026 local elections
People Power Party (PPP) plunges to 10%40%
The People Power Party's support plummeted amid ongoing political challenges and criticism from opposition leaders. This decline was reflected in the market as the PPP's price dropped sharply, indicating reduced chances of winning the most local government heads in 2026.
DP rolls out slate of heavyweight candidates for 2026 local elections
Democratic Party of Korea (DP) jumps to 88%8%
The Korea Herald reported that the ruling Democratic Party of Korea (DP) fielded several high‑profile candidates for the June 2026 local elections, including Seongdong District Chief Chong Won‑o. The article highlighted the party’s aggressive nomination drive, which lifted public expectations of the DP’s performance and drove its market price up from 80 % to 88 % the next day.
Democratic Party consolidates lead after June 2025 presidential election victory
Democratic Party of Korea (DP) jumps to 89%9%
Following Lee Jae Myung's win in the June 2025 presidential election, the Democratic Party of Korea's market confidence surged, reflecting expectations of strong performance in the 2026 local elections. The party's endorsement by allied groups and public support boosted its perceived electoral strength.
South Korean prosecutor seeks death sentence for ex-leader Yoon over martial law decree
People Power Party (PPP) plunges to 9%41%
The demand for the death penalty against former President Yoon Suk Yeol intensified the political crisis for the conservative People Power Party, causing its market share to drop sharply as the public and political establishment distanced themselves from the former leader.
Conservative South Korean conservatives remain divided over 2024 martial law crisis
People Power Party (PPP) plunges to 9%41%
One year after the controversial martial law declaration by former President Yoon Suk Yeol, the People Power Party (PPP) remains deeply fractured over whether to apologize or maintain ambiguity. This internal paralysis undermined the party's ability to present a united front ahead of the 2026 local elections, contributing to a sharp decline in market confidence for the PPP.
Democratic Party begins candidate nomination process for 2026 local elections
Democratic Party of Korea (DP) jumps to 88%8%
The Democratic Party of Korea started finalizing nominations for key local elections, signaling strong organizational momentum and boosting market confidence in their electoral prospects, reflected in a price rise from 80% to 88%.
South Korean prosecutor seeks death sentence for former President Yoon on rebellion charge
Democratic Party of Korea (DP) jumps to 92%12%
An independent counsel on South Korea's prosecution team requested the death sentence for former President Yoon Suk Yeol on rebellion charges related to his martial law decree. This high-profile legal development intensified political polarization and market focus on the DP as the party of justice.
South Korea's June 3 local election race officially begins amid party rifts
Democratic Party of Korea (DP) jumps to 88%8%
The local election campaign started with the Democratic Party fielding crowded slates in key regions, while the People Power Party struggled with internal divisions and candidate recruitment, especially in the greater Seoul area. This set the stage for the Democratic Party's market rise and the opposition's decline.
South Korean authorities summon civilian over alleged drone flights toward North Korea
The North Korean accusations of drone flights and South Korea's subsequent investigation created security tensions that may have influenced market sentiment, though the direct impact on the local election market was limited.
Democratic Party of Korea Supreme Council members resign to run in 2026 local elections
Democratic Party of Korea (DP) jumps to 89%9%
On December 1, 2025, three Supreme Council members of the Democratic Party resigned to run in the upcoming local elections, signaling the party's strategic focus and intensifying internal competition. This move boosted market confidence in the DP's prospects, reflected in a price jump from 80% to 89%.
South Korean prosecutor demands death sentence for ex-President Yoon over martial law decree
People Power Party (PPP) plunges to 9%41%
An independent counsel sought the death penalty for former President Yoon Suk Yeol on rebellion charges related to his December 2024 martial law imposition, highlighting the severity of his legal troubles and political downfall. This intensified negative sentiment toward Yoon's conservative People Power Party, causing a sharp drop in its market price from 50% to 9%.
Democratic Party of Korea consolidates lead after 2025 presidential election victory
Democratic Party of Korea (DP) jumps to 89%9%
Following Lee Jae Myung's presidential win in June 2025 and the Democratic Party's supermajority in the National Assembly, market confidence in the DP's prospects for the 2026 local elections surged, reflected in a price jump from 80% to 89%. This solidified the DP as the frontrunner for local government leadership.
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