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International Business Times

Business

Claire LEE

'Lame Duck' S. Korean President Reels From Election Debacle

Yoon Suk Han Donghoon People Power Party PPP Democratic Party South Korea

People Power Party leader Han Dong-hoon (R) announced his resignation Thursday after a bruising election defeat (Credit: AFP)

South Korean President Yoon Suk Yeol promised "reform" and the head of his ruling party resigned on Thursday after a disastrous election increased the opposition's stranglehold on parliament.

In addition to People Power Party (PPP) leader Han Dong-hoon, Prime Minister Han Duck-soo and a string of senior aides also offered to step down, local media said.

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