Friday, February 27, 2015

South Korea legalizes adultery, Condom Stock Soars


South Korea's highest court scrapped the  anti-adultery law. This reflected on the South Korean Stock Exchange as Unidus Corp,  manufacturer of the latex material's stocks climbed 15%, the daily maximum on Korea's, after the court announced its decision on Thursday.

The court said the law infringed people's freedom to make their own decisions on sex, and violated the country's privacy laws.

Adulterers convicted under the law faced up to two years in jail. According to reports in Korean media, more than 50,000 South Koreans have been convicted for cheating on their spouses, and 35,000 were sentenced to jail time.