Seoul

June 3 (Asia Today) — The People Power Party protested Wednesday after voting was temporarily halted at some polling stations in Seoul’s Songpa Ward because of ballot shortages, calling the incident “a serious violation of voters’ political rights.”

Chung Hee-yong, the party’s secretary-general, held an emergency news conference and criticized the National Election Commission over the incident.

“This is a shocking incident that should not and must not happen at a polling site in South Korea in 2026,” Chung said. “It goes beyond simple lack of election preparation and reflects a deplorable failure to fulfill the duty of election management.”

Chung called for “strong and immediate action” by the election commission.

“First, swift measures must be taken so that citizens who could not vote because of ballot shortages can exercise their voting rights,” he said.

Song Eon-seog, the party’s floor leader, also issued an emergency statement.

“We are receiving absurd reports that citizens in Seoul cannot vote because ballots are unavailable,” Song said. “Seoul citizens, you must not give up voting under any circumstances. Even if it is difficult, please wait calmly and make sure to vote.”

Song said the situation infringed on citizens’ right to participate in elections.

“We strongly urge the National Election Commission to guarantee voting rights so that citizens who waited can vote even after 6 p.m.,” he said. “Transfer the ballots quickly.”

Song also said the party had received reports that voting was taking place at several polling stations nationwide without People Power Party observers present.

“Is this the 19th century? Does this make any sense?” he said. “As soon as the election ends, we will immediately push for a fact-finding investigation into this incident and make sure those responsible are held accountable.”

Bae Hyun-jin, chairwoman of the People Power Party’s Seoul chapter, also held an emergency news conference.

“A shortage of ballots in an election is not a simple mistake. It proves that the basic election management system, the foundation of democracy, has completely collapsed,” Bae said.

She criticized the election commission for saying the shortages resulted from a sudden increase in voter turnout.

“The commission responded as if it were nothing serious,” Bae said. “We will continue to demand measures to prevent a recurrence and disciplinary action against those responsible for the election management failure that violated the sovereign act of Seoul citizens.”

The People Power Party said it had identified eight polling stations affected by ballot shortages: Munjeong 2-dong No. 2, Jamsil 2-dong No. 6, Jamsil 7-dong No. 2, Jamsil 4-dong No. 5, Garak 2-dong Nos. 3 and 7, Cheongdam-dong No. 4 and Guui 3-dong No. 6 in Gwangjin Ward.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260603010001076

South Korean stocks rebounded to a fresh all-time high Friday, driven by strong gains in stocks related to artificial intelligence (AI) and renewed optimism about a potential ceasefire in the Middle East. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 290.86 points, or 3.55 percent, to close at 8,476.15, after hitting a new intraday high of 8,615.09.

Trade volume was heavy at 701.5 million shares worth 73.7 trillion won (US$48.9 billion), with losers outnumbering winners 686 to 205.

Foreign and individual investors unloaded local shares worth a net 1.04 trillion won and 1.4 trillion won, respectively, while institutions scooped up a net 2.37 trillion won.

The index restarted its record-breaking run after losing 0.53 percent the previous day. The KOSPI had risen for four consecutive sessions starting May 21, breaching the 8,000-point level for the first time Tuesday.

Overnight news reports that the United States and Iran had reached an agreement to extend the current ceasefire for 60 days and resume talks on Tehran’s nuclear program pushed up the index.

AI shares were boosted by the latest reports that Nvidia Corp. founder Jensen Huang plans to visit South Korea next week.

“Backed by gains in major stocks, the KOSPI rallied on news of Jensen Huang’s planned visit,” said Lee Kyung-min, an analyst at Daishin Securities. “Stocks related to Huang’s Korean visit closed in positive territory.”

Market bellwether Samsung Electronics jumped 5.84 percent to 317,000 won, and its chipmaking rival SK hynix advanced 1.92 percent to 2.33 million won.

LG Electronics shot up 29.93 percent to 293,000 won, and internet giant Naver surged 14.15 percent to 234,000 won. The two companies were reportedly on the top of Jensen Huang’s Korean schedule.

Top carmaker Hyundai Motor rose 6.79 percent to 723,000 won, and its auto parts affiliate Hyundai Mobis moved up 11.95 percent to 768,000 won.

Leading battery maker LG Energy Solution advanced 3.62 percent to 458,000 won, and pharmaceutical giant Celltrion gained 1.53 percent to 192,900 won.

However, major bank share Hana Financial Group retreated 0.17 percent to 115,100 won, and food giant Nongshim was down 0.77 percent to 385,000 won.

The Korean won was quoted at 1,507.9 won against the U.S. dollar at 3:30 p.m., down 5.1 won from the previous session.

Bond prices, which move inversely to yields, closed higher. The yield on three-year Treasurys fell 3.5 basis points to 3.731 percent, while the return on the benchmark five-year government bonds dropped 6.8 basis points to 3.924 percent.

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