Yoon Suk Yeol of the main opposition People Power Party clinched victory in Wednesday's tight presidential election in South Korea, defeating the ruling Democratic Party's Lee Jae Myung, according to local media projections.Yoon's win will herald a transfer of power from the progressive government of current President Moon Jae In to conservative leadership after five years. The new president will take office on May 10 and serve a single five-year term.Speaking to a press conference in Seoul, Yoon said, "It's a victory of great South Koreans" and pledged to cooperate with opposition parties.…READ FULL ARTICLE
