June 26, 2025
South Korea's new president Lee Jae-myung who rode wave of anger over December martial law will need well-defined policies, analysts say
Lee wins 49.4% of votes in heavy turnout as the election was called after Yoon ousted over martial law
Lee, who is the frontrunner in opinion polls for the June 3 election, also said he would "stably manage" relations with China
The Korea discount refers to the lower valuations that South Korean companies typically trade on relative to their global peers
Lee pledges to address economic inequality and growth and emphasises pragmatic diplomacy with US and Japan