Liberal opposition candidate Lee Jae-myung has been named president of South Korea, according to reports.
South Korean media including Yonhap News Agency and SBS Television reported on Wednesday morning that Mr. Lee had won the election.
The leading conservative candidate, Kim Moon-soo, earlier conceded defeat.
The victory ends months of political instability caused by the sudden but short-lived imposition of martial law by ousted conservative leader Yoon Seok-yeol.
Sourse: breakingnews.ie
