South Korea's market watchdog has decided to impose fines on JPMorgan, Morgan Stanley, Nomura and UBS for violating short-selling rules in the domestic stock market, officials at the country's Financial Supervisory Service (FSS) said on Thursday.

South Korea’s financial regulator is imposing fines on JPMorgan Chase & Co., Morgan Stanley, UBS Group AG and Nomura Holdings Inc. for allegedly violating the country’s rules on short-selling stocks,

South Korean President Yoon Suk Yeol is putting up a desperate fight for his political life at Seoul’s Constitutional Court after being impeached and arrested for his short-lived imposition of martial law last year.

South Korea’s Constitutional Court will hold another hearing next week before deciding whether President Yoon Suk Yeol should be permanently removed from office for his ill-fated martial law declaration in December.

Suspended President Yoon Suk Yeol was detained last month on insurrection charges, becoming the first sitting South Korean head of state to be arrested