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South Korea’s Lee Jae-myung steps down as party head amid expectations of presidential run

Reuters photo of Lee Jae-myung, the main opposition Democratic Party’s candidate and the frontrunner in the race,

(Reuters) – South Korea’s main opposition party head Lee Jae-myung said on Wednesday he was stepping down as party leader amid expectations that the current populist front-runner for the presidency in public opinion polls would soon declare his run.

South Korea’s labour minister, Kim Moon-soon, who has been among a handful of ruling People Power Party members who indicated intentions to run, also declared his candidacy.

(Reporting by Jack Kim and Ju-min ParkEditing by Ed Davies)