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Wednesday 19 December 2012

South Korea election: Park Geun-hye wins

Park Geung-hye

South Korea's President-elect, Park Geun-hye, has said her victory will help the country's economy recover.
Ms Park, the daughter of former dictator Park Chung-hee, defeated her liberal rival Moon Jae-in. She will be South Korea's first female leader.
Votes are still being counted, but Mr Moon has admitted defeat. Turnout was high in a poll dominated by economic and social welfare issues.
Ms Park, 60, will replace her party colleague Lee Myung-bak.
He is stepping down as the law requires after his five-year term

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