Australia’s Prime Minister Anthony Albanese has secured a second term in office in what appears to be an election wipeout for the Liberal Party leader, as voters chose stability over change against a backdrop of global turmoil inflicted by a returning US President Donald Trump.

Australia's opposition leader Peter Dutton said on Saturday he had lost his own parliamentary seat as he conceded his conservative Liberals had been defeated in national elections by the incumbent Labor Party.

Peter Dutton of the Liberal party conceded defeat in Saturday's election, handing a second term to the governing Labor party.

South Korea’s acting leader, Prime Minister Han Duck-soo, says he is resigning amid reports he will run in next month’s presidential election.

South Korea's former acting President Han Duck-soo said on Friday he would join the race to become the country's next president after resigning the day before. A snap presidential election will be held on June 3.