South Korean ruling partyโs โflawed landslideโ election win dents Leeโs reform drive
South Korean President Lee Jae Myungโs ruling party swept most of the countryโs major local elections, but a narrow defeat in Seoul has given conservatives a foothold to challenge his reform agenda. The loss in the capital, South Koreaโs political and property-market centre, has taken the shine off an otherwise dominant performance by the ruling Democratic Party of Korea (DPK), dealing a blow to Leeโs plans for tougher real estate taxation, according to observers. Across the country, the DPK won...