14:24⇢Liberal Lee Wins South Korean Presidency
⌨The newspapers report on South Korea's presidential election results, with liberal candidate Lee Jae-myung projected to win with 51.7% according to exit polls from major broadcasters KBS and others (The Japan Times, Kyodo News English, Nikkei Shimbun, Nikkei Asia). Lee's victory would mark a return to progressive governance after three years of conservative rule under the ousted President Yoon Suk Yeol, who polarized the nation by imposing martial law. Domestically, the Japanese government plans to create a new "furusato jumin" (hometown resident) system, expanding beyond the existing hometown tax donation program (Yahoo News Japan).