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South Korea ruling party candidate Lee concedes election

S. Korea set to launch first spy satellite with SpaceX
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South Korea’s ruling party candidate Lee Jae-myung has conceded the presidential election, he said early Thursday, paving the way for opposition conservative Yoon Suk-yeol to become president.

“I did my best, but I did not live up to expectations,” Lee told supporters at the Democratic Party office. “It’s neither your defeat nor the Democratic Party’s. All responsibility lies solely with me.”

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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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