Malaysia's Najib 'accepts verdict of the people' after shock election loss

Malaysian Prime Minister Najib Razak said today he accepted the will of the people after his long-ruling coalition suffered a shock election loss to 92-year-old former strongman Mahathir Mohamad.

"I accept the verdict of the people," the leader, who looked shattered after his coalition's defeat, said, adding that because no single party got a majority in parliament, it was up to the king to decide who will become prime minister.