Time to reign in the AI-based manipulation

We do not have enough time, but we still need to make headway and establish a bridgehead to combat disinformation.

2024-02-19

Samsung chairman Lee Jae-yong acquitted in controversial merger case

The Seoul Central District Court on Monday acquitted Lee Jae-yong, chairman of Samsung Electronics Co., on charges of breach of trust and accounting fraud to push the merger of two Samsung affiliates.

2024-02-05

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

Korea's weak forex reserves exposed after U.S. currency monitoring removal

The United States removes Korea from its currency monitoring list, revealing reduced foreign exchange reserves and declining exports.

2023-11-10

FSS refers Kakao to prosecutors over alleged stock manipulation

The financial watchdog sent Kakao, its entertainment subsidiary and their three executives to prosecutors over alleged stock price manipulation linked to a takeover bid of an entertainment agency, it said on Thursday.

2023-10-26

[NEWS IN FOCUS] Kakao founder probe sends shock waves across affiliates

With the founder of Kakao under investigation for alleged stock manipulation, the regulatory risk has reverberated across other affiliates such as Kakao Bank and Kakao Mobility.

2023-10-24

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

FSS suspends two Kospi stocks over alleged manipulation

Korea’s financial watchdog suspended the trading of two Kospi-listed stocks starting on Thursday after their prices nose-dived the previous day, raising speculations about price manipulations.

2023-10-19

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.