South Korea's angry young men help propel Yoon to victory

Dissatisfaction with Moon and support from 3rd party contribute to close win

20220309N Yoon Suk-yeol March 8

Conservative opposition candidate Yoon Suk-yeol of the People Power Party has won South Korea's presidential election. (Photo by Ahn Seong-bok)

SOTARO SUZUKI, Nikkei Seoul bureau chief

SEOUL -- Yoon Suk-yeol, of the conservative opposition People Power Party, snagged the narrowest of wins to become the next South Korean president by tapping the anger of young men squeezed by the wealth disparities that have widened during the five years of the Moon Jae-in administration.

Yoon, who held 48.6% of the vote to 47.8% with 99.8% of the ballots counted as of 5:30 a.m. on Thursday, was also helped by the backing of centrist Ahn Cheol-soo. Ahn dropped out of the race and supported him in the final days of the election, a move that allowed the former prosecutor to inch past Lee Jae-myung, of the governing progressive Democratic Party. 

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