South Korea’s Kospi closed 1.4% lower to 2,464.00. Shares of Samsung Electronics, the country’s biggest company, fell 0.9%. Meanwhile, the country’s financial regulator said they were prepared to deploy 10 trillion won ($7.07 billion) into a stock market stabilization fund at any time, the Yonhap news agency reported.

The KOSPI, the country’s stock market, finished 1.4% lower and the Korean won was little changed against the dollar.

SEOUL (Reuters) -South Korean President Yoon Suk Yeol is facing the threat of impeachment, with opposition lawmakers accusing him of violating his constitutional duty and committing a crime akin to treason when he declared martial law on Tuesday.