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South Koreans to elect president Voting begins in S Korea election
(about 2 hours later)
South Koreans are preparing to vote for a new president after an election campaign blighted by scandal. South Koreans are voting for a new president after an election campaign blighted by scandal.
Conservative candidate Lee Myung-bak is widely expected to win, despite being under investigation for alleged fraud.Conservative candidate Lee Myung-bak is widely expected to win, despite being under investigation for alleged fraud.
Mr Lee's opponents have labelled him a liar. He has denied any wrongdoing and has branded them mudslingers.Mr Lee's opponents have labelled him a liar. He has denied any wrongdoing and has branded them mudslingers.
The candidates are battling to succeed the liberal President Roh Moo-hyun. Official results are expected by 2200 local time on Wednesday (1300 GMT).The candidates are battling to succeed the liberal President Roh Moo-hyun. Official results are expected by 2200 local time on Wednesday (1300 GMT).
Lee ahead Front-runner
According to opinion polls, the main issue for most of the country's 37 million voters is the economy.According to opinion polls, the main issue for most of the country's 37 million voters is the economy.
Mr Lee, a 65-year-old former Hyundai executive, seems to have convinced many that he can attract investment and boost the job market.Mr Lee, a 65-year-old former Hyundai executive, seems to have convinced many that he can attract investment and boost the job market.
In the last opinion poll before the vote, he registered a 30-point lead over his nearest rival, Chung Dong-young, of the ruling liberal United New Democratic Party (UNDP).In the last opinion poll before the vote, he registered a 30-point lead over his nearest rival, Chung Dong-young, of the ruling liberal United New Democratic Party (UNDP).
Analysts say the other mainstream challenger, veteran conservative Lee Hoi-chang, has little chance of making an impact.Analysts say the other mainstream challenger, veteran conservative Lee Hoi-chang, has little chance of making an impact.
Mr Roh ends his five-year term in office in February and cannot seek re-election.Mr Roh ends his five-year term in office in February and cannot seek re-election.
A victory for Mr Lee would see his Grand National Party (GNP) return to power for the first time in a decade. A victory for Lee Myung-bak would see his Grand National Party (GNP) return to power for the first time in a decade.