Voting stamps with creative art go viral in South Korea election
Drawings of K-pop stars or pets with voting stamps have become a viral trend on social media during South Korea's presidential election on Tuesday (June 3).
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Reuters
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- Reuters
South Korea to revamp tax scheme to boost dividends as part of stock market reform
SEOUL, June 11 (Reuters) - South Korean President Lee Jae-myung said on Wednesday the government was preparing to revamp the country's tax system to boost dividend payouts, as part of a broader push to make the domestic stock market more attractive. "If it does not greatly hurt public finances, it will be better to lower (taxes) for more dividend income," Lee said during a visit to the Korea Exchange. Lee also ordered regulatory improvements to prevent unfair trading practices in the market and a "one-strike-out" system to penalize illegal trades, according to his spokesperson. One of Lee's major pledges during his election campaign was to implement various capital market reforms and resolve the so-called "Korea Discount", a tendency for South Korean companies to trade at a lower valuation than global peers due to low dividend payouts and opaque corporate governance. The day after Lee took office on June 4, his Democratic Party reintroduced legislation expanding the fiduciary duty of board members to protect shareholder interests and it plans to have the bill approved this month. The country's benchmark KOSPI stock index (.KS11), opens new tab has rallied since Lee's election victory last week on optimism around his "KOSPI 5,000" initiative aiming for the index to eventually reach 5,000 points. On Wednesday, it closed up 1.23% at 2,907.04, the highest level since January 14, 2022.


Reuters
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Musk says he regrets some posts he made about Trump
June 11 (Reuters) - Billionaire Elon Musk said on Wednesday that he regrets some of the posts he made last week about U.S President Donald Trump, in a message on his social media platform X. "I regret some of my posts about President Donald Trump last week. They went too far," Musk wrote. Trump and Musk began exchanging insults last week on social media, with the Tesla (TSLA.O), opens new tab and SpaceX CEO describing the president's sweeping tax and spending bill as a "disgusting abomination." Musk's post comes days after Trump said his relationship with Musk was over.


Daily Mail
an hour ago
- Daily Mail
Brittany Hockley slams 'Karen' over rude comments about her Bali nuptials: 'Imagine writing that to someone on their wedding day'
Brittany Hockley has hit back at a rude 'Karen' who posted a hurtful comment on new wedding photos she shared to social media. The former Bachelor star, 37, posted a screenshot which captured the mean-spirited remarks a woman made under images of Brittany and new her husband Ben Siegrist Bali nuptials. 'You look like a stripper,' the troll wrote of Brittany's Steven Khalil strapless wedding dress, which featured a lace corset and tulle flowing train. The Life Uncut podcast host did not mince her words in response. 'Imagine writing that to someone on their wedding day. Imagine feeling the need. Her name being Karen is too satisfying,' Brittany said. From A-list scandals and red carpet mishaps to exclusive pictures and viral She also criticised the woman's behaviour in a video. 'Imagine what needs to be happening in your life to feel the need to comment on someone's wedding photos,' Brittany sniped. 'It's like the happiest day of their lives, in a beautiful dress, and you tell them they look like a stripper.' 'You have to double-down if your name is Karen. Be a good human that is nice!' Brittany added. The name 'Karen' has become a pop culture punchline - a meme used to describe a certain type of entitled woman who complains loudly over minor inconveniences. Brittany married her Swiss footballer fiancé Ben during a 'three-day extravaganza' clifftop ceremony in Bali last week. But there was just one 'minor technical detail' about the spectacular nuptials - the marriage is not legal. The Life Uncut podcast host did not mince her words in response Brittany revealed the shock news to her KIIS FM's The Pick Up listeners on Tuesday. 'You just got married in Bali,' her long-time best friend and co-host Laura Byrne said. 'We obviously can talk about how amazing that is, but now that we're here, we're also going to talk about how it's not legally binding yet.' 'It's a big show really,' the bride admitted, joking that the wedding 'was fake'. The Life Uncut podcast announced Brittany's engagement to Ben last year. Brittany, who formerly described herself as 'the perpetually single host', had been dating Ben long-distance for eight months when he popped the question. The duo met in November 2022 on the celebrity dating app Raya. At the time the goalkeeper's soccer team, the Glasgow-based Celtic FC, was playing in Australia against Sydney FC.