South Korean New Networks Projecting Park Gyeun-hye as Winner of Presidential Election

Ruling party to remain in power

With partial returns counted, several broadcast networks in South Korea project Park Gyeun-hye will win the country's election, making her the country's first female president.

Three major broadcast networks are predicting Park Gyeun-hye of the conservative Saenuri Party will defeat Moon Jae-in, the candidate of Democratic United Party.