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April 16, 2020 02:11 GMT
The Nikkei notes that "South Korean.....>
SOUTH KOREA
- Bonds & Currency News | Market News"
>
- Bonds & Currency News | Market News"
>
SOUTH KOREA: The Nikkei notes that "South Korean President Moon Jae-in's ruling
Democratic Party won Wednesday's general election, claiming the biggest majority
in the National Assembly by any party since the country's transition to
democracy in 1987. The left-leaning DP and its satellite partner, the Together
Citizens' Party, won 180 seats in the 300-member National Assembly. The main
opposition, the conservative United Future Party, and its satellite Future Korea
Party took 103 seats. The landslide victory for Moon's party is a vindication of
his government's response to the coronavirus outbreak. It also paves the way for
him to push on with his agenda, which includes "inclusive" income redistribution
policies, reform of the prosecution system, and the Korean Peninsula peace
process."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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