South Korea election: Park Geun-hye wins

South Korea's President-elect, Park Geun-hye, has said her victory will help the country's economy recover.

Ms Park, the daughter of former dictator Park Chung-hee, defeated her liberal rival Moon Jae-in. She will be South Korea's first female leader.

Votes are still being counted, but Mr Moon has admitted defeat. Turnout was high in a poll dominated by economic and social welfare issues.

Ms Park, 60, will replace her party colleague Lee Myung-bak.

Lucy Williamson reports.