Thailand opposition wins key election

The party allied to ousted and exiled former leader Thaksin Shinawatra has won a major victory in Thailand's general election, partial results show.

With most votes counted, outgoing Prime Minister Abhisit Vejjajiva conceded victory to his rival, opposition leader Yingluck Shinawatra.

Ms Yingluck, who will become Thailand's first female prime minister, said there was "a lot of hard work ahead".

She is the sister of Thaksin Shinawatra, ousted in a coup in 2006.

With 92% of votes counted, Ms Yingluck's Pheu Thai party had won 260 seats, giving it a majority in the 500-seat parliament.

"It is now clear from the election results so far that the Pheu Thai party has won the election, and the Democrat Party concedes defeat," Mr Abhisit said on national TV.