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AP National Business

What to know about South Korea’s presidential election

KIFI
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Published 8:05 PM

By HYUNG-JIN KIM and KIM TONG-HYUNG
Associated Press

SEOUL, South Korea (AP) — South Koreans are voting Wednesday to choose their next president. The winner will take office on May 10 for a single five-year term. The leading candidates are ruling liberal party candidate, Lee Jae-myung, and his conservative opposition rival, Yoon Suk Yeol. Whoever wins, a new leader will be tasked with resolving various economic woes, easing threats from nuclear-armed North Korea and healing a nation sharply split along the lines of ideology, generation and gender.  

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