South Korean president names Lee One-koo as new PM

SEOUL -- South Korean President Park Geun-hye named the ruling Saenuri party leader at the parliament Lee One- koo as new prime minister, the Yonhap news agency reported on Friday.

Lee was nominated to replace Prime Minister Chung Hong-won, who has submitted resignation to assume responsibility for a deadly ferry disaster in mid-April which left more than 300 people dead or missing.