• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes

by June 3, 2025
written by June 3, 2025
NEWYou can now listen to Fox News articles!

South Korean voters swung left in the presidential race Tuesday, and conservative candidate Kim Moon-soo conceded defeat to liberal opponent Lee Jae-myung in the snap election.

Kim, candidate of the People Power Party (PPP), said at a press conference in the early hours of Wednesday morning he ‘humbly accepts (the) people’s choice.’

The decision came after record early voting turnout prompted speculation Lee would secure the presidency and flip the top seat after the impeachment of predecessor Yoon Suk Yeol, who was booted from office after he declared martial law in December.

The impeachment threw the country into political chaos after Yoon, also a member of the PPP, was removed from office two years early. 

It is unclear by what margin Lee secured the presidency, though reports had suggested for weeks that the liberal candidate was favored to win the top job. 

But Lee’s candidacy also prompted some serious concern when it came to his policy on international relations, particularly Seoul’s relationship with the U.S., China and North Korea.

Kim challenged Lee’s policies in a presidential debate last month after the liberal candidate said he would take a ‘pragmatic’ approach.

‘There’s no need to worry. The South Korea-U.S. alliance is important and should continue to grow and strengthen,’ Lee said, adding Seoul should not be ‘unilaterally bound’ to Washington, especially when it comes to the U.S.’s adversarial rivals.

‘We should not neglect ties with China or Russia,’ he added. ‘We need to manage them appropriately, and there’s no need to have an unnecessarily hostile approach like now.’

This position is a shift from the previous administration, which was hawkish on China and North Korea. 

Lee has said he wants to mitigate the ‘North Korea risk’ by easing relations with Seoul’s northern neighbor.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump and Melania to headline power-player packed Kennedy Center opening night
next post
Trump to host thousands of admin officials for one of the largest events ever on White House lawn

related articles

Blue state Republicans threaten rebellion if Senate changes...

June 5, 2025

Hamas working to ‘sabotage’ Trump-backed aid group with...

June 5, 2025

Ricketts, Fetterman team up for crackdown on China’s...

June 5, 2025

Longtime Trump loyalist flips on GOP’s ‘big, beautiful...

June 5, 2025

Trump touts ‘very positive’ breakthrough with Xi after...

June 5, 2025

Supreme Court rules Wisconsin unconstitutionally discriminated against Christian...

June 5, 2025

GREGG JARRETT: Biden, the ‘marionette president’ and the case...

June 5, 2025

DAVID MARCUS: Why Navy ships should not be...

June 5, 2025

GREGG JARRETT: Biden, the ‘marionette president; and the case...

June 5, 2025

‘He’s not a big factor’: Trump’s Senate allies...

June 5, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ‘Access granted’: Biden’s free vacation at friend’s California mansion draws ire of critics

    August 23, 2024
  • UK competition watchdog to review $35 billion Synopsys-Ansys merger: What’s at stake?

    August 12, 2024
  • CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

    April 15, 2025
  • Trump allies warn Biden risking ‘World War III’ by authorizing long-range missiles for Ukraine

    November 18, 2024
  • Solana and Cardano: Solana recovers to the $178.00 level

    July 24, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,821)
  • Investing (624)
  • Stock (787)

Latest Posts

  • Jimmy Carter nears the top of America’s ‘Most Admired Man’ list, according to Gallup

    December 30, 2024
  • NTSB grills Boeing execs on safety culture and retaliation allegations

    August 8, 2024
  • Michelle Obama facing backlash over claim about women’s reproductive health

    May 31, 2025

Recent Posts

  • Israel strikes Yemen’s port city in response to Houthi attack on Tel Aviv Airport

    May 5, 2025
  • Long ALG: double bottom breakout confirms bullish momentum, targeting higher resistance levels

    March 19, 2025
  • Romania’s now-barred presidential frontrunner Călin Georgescu claims he is facing Trump-like charges

    March 11, 2025

Editor’s Pick

  • Long USTEC: bullish momentum expected with key support at trend line and investor sector rotation

    July 31, 2024
  • ‘Ridiculous’: Bondi personally strips DOJ walls of Biden, Harris, Garland portraits

    February 12, 2025
  • Trump outperforming 2020 support among Hispanics, who prefer him on immigration, poll shows

    September 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock