Korea Joongang Daily
Korea JoongAng Daily

Ex-first lady Kim Keon Hee sits in the defendant’s seat in historic first

Former first lady Kim Keon Hee attended her trial in Seoul on charges of stock manipulation, political corruption, and bribery, marking a historic moment in Korean legal proceedings.

2025-09-24

Ex-first lady not to attend Saturday questioning due to 'poor health'

Former first lady Kim Keon Hee, who is currently under arrest, will not appear for questioning by a special counsel team this weekend due to health problems, her lawyer said Friday.

2025-08-22

Close associate of ex-first lady indicted over lobbying allegations

A special counsel team said Friday it has indicted under detention a close associate of former first lady Kim Keon Hee over lobbying allegations in connection with a stock manipulation scheme.

2025-08-22

Special counsel says ex-first lady made 810 million won in Deutsch Motors stock scheme

Former first lady Kim Keon Hee earned 810 million won ($583,000) in illegal profit through her role in manipulating shares of Deutsch Motors, a special counsel investigation concluded Friday.

2025-08-08

Presidential office considering post to manage first lady's affairs

The presidential office said Friday that it is mulling the establishment of an office tasked with managing the affairs of first lady Kim Keon-hee amid continuing allegations regarding her involvement in a stock manipulation scheme.

2024-01-05

Kakao office raided amid stock manipulation allegations

Prosecutors raided Kakao's office building under charges of stock manipulation during the takeover of SM Entertainment.

2023-11-22

Kakao founder summoned for questioning

Kakao founder Kim Beom-su has been summoned for questioning over alleged stock manipulation to acquire SM Entertainment. Shares dropped to a 52-week low.

2023-10-23

Kakao CIO arrested for alleged stock manipulation

The chief investment officer of Kakao, Bae Jae-hyun, has been arrested for allegedly inflating SM Entertainment's stock prices in an attempt to thwart HYBE's acquisition. Kakao's stock hit record lows as a result.

2023-10-19

FSS raids Kakao founder's office over alleged stock manipulation

The financial authorities on Thursday raided the office of Kakao founder Kim Beom-su on allegations of manipulating the stock price of SM Entertainment. The market watchdog suspects Kim and other senior executives of Kakao took part in swinging SM...

2023-08-10

It's too soon to fully resume short selling, FSS chief says

It is still too early to review the full resumption of short sales of stocks, according to financial regulators Thursday.

2023-06-01