Taiwan president resigns as party leader after election loss

Tsai Ing-wen offered her resignation on Saturday evening

Taiwan President Tsai Ing-wen (Chang Hao-an/AP)

Taiwan President Tsai Ing-wen has resigned as head of the ruling Democratic Progressive Party following local election losses suffered by her party.

Ms Tsai offered her resignation on Saturday evening, a tradition after a major loss, in a short speech in which she also thanked supporters.