SEOUL (June 11): A 36-year-old South Korean start-up founder will challenge President Moon Jae-In for the top job next March, hoping to win over voters increasingly disillusioned with traditional rough-and-tumble politics. Lee Jun-seok became the youngest leader of any major political party in democratic South Korean history when he was elected to lead the conservative main opposition People Power Party on Friday. "Our biggest task is to win the presidential election," Lee said in an acceptance speech. Lee promised an end to the divisive, acrimonious politics that South Koreans have known for decades. Moon congratulated Lee and told him his victory was a sign of change, the president's press secretary said.

Source: The Edge Markets June 11, 2021 06:45 UTC