Monday, 2 March 2015

Shares of South Korean contraceptive makers surge after court scraps adultery ban

Shares of South Korean contraceptive makers surge after court scraps adultery ban


South Korea's highest court on Thursday struck down as unconstitutional a decades-old law banning adultery, triggering a surge in shares of condom makers and morning-after pills. The 1953 law aimed to protect women in a male-dominated society where divorce was rare, by making marital infidelity punishable with jail.

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