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I have no sympathy for themOutrage as Baltimore’s Dem mayor spends $164k of taxpayer cash on ultra-luxurious new SUVMeghan Markle reveals fears over Archie and Lilibet growing up in the digital age as she and Prince Harry are named ‘Humanitarians of the Year’ at glitzy New York ceremonyBrittany Higgins’ husband David Sharaz now faces BANKRUPTCY following defamation battle with Linda ReynoldsIndiana mom shows little emotion after killing her 9-day-old baby by leaving her in car seat for 14 hoursMilitary mom breaks down while pleading with Mike Johnson to stop shutdown: ‘My kids could die!’Missing mother-of-two found alone in the woods one week after home burned to groundHow Monty Python’s fish-slapping dance saved Michael Palin from gun-toting Venezuelan paramilitariesThousands of pro-Palestinian protesters march through London even though hostages deal has been agreed -demonstratorsTeacher was ‘so high on cocaine she thought one of her students was her dog’How the country idyll of middle-class residents in £800k homes in a picture-postcard Kent hamlet was turned into a living ‘hell’‘He’s got a big mouth!’ Working class locals living on Gary Neville’s street hit back at the Man Utd legend for ‘angry, middle-aged white men’ tiradeMan armed with a gun goes on a Grand Theft Auto-style carjacking rampage through MelbourneAnti-immigration rallies to rock almost EVERY capital city in Australia this weekend‘Am I going to die?’: Mum recalls son’s heartbreaking last words hours before he succumbed to a deadly diseaseFather launches campaign to become sheriff as he faces murder trial for killing teenage daughter’s abuserMitt Romney’s sister-in-law found dead on street near California shopping mallHamas vows to ‘cleanse Gaza of outlaws and collaborators with Israel’ as its gunmen take back control of the enclaveAs Israelis nervously await the release of loved ones, sick mob chants ‘Death to the IDF’… while supporters of Britain’s Jews are arrestedHamas says it may never find the bodies of hostages in rubble as release deadline loomsTennessee bomb factory worker who previously saved dozens of lives from fire was FIRED… as latest tragedy killed 18Marjorie Taylor Greene sparks seismic split with Trump as she rebels on the policy that got him electedBody returned to Israel ‘is NOT an Israeli hostage’: Hamas is accused of fresh insult after ‘tests show one set of remains was a Gazan’Labour isn’t working (again): Unemployment hits a four-year record as Britain faces highest inflation in G7 and growth in wages stallsTrump rips The View host who wrote him a ‘glowing letter’ before turning critic: ‘Fraud’Mother-of-three fatally shot by roommate who thought she was an intruder at Georgia homeHow Reform would crush all before them if election was held tomorrow: Explosive megapoll shows Nigel Farage set for the biggest Commons majority EVER with Tories reduced to just SEVEN MPs and Labour ministers culledCheryl puts on a brave face as she takes her mind off the anniversary of Liam Payne’s death at bandmate’s birthday dinnerDrunken sailor faces dismissal from Navy after attacking his comrades on base while trying to find more alcoholSpy chief reveals MI5 thwarted Chinese plot to attack Britain’s national security last weekHorrifyingly casual behavior of ‘killer’ moments after ‘slashing Ukrainian refugee’s throat’ on train in murder that shocked AmericaFormer Aviva CEO David Barral is killed in ‘fireball’ crash after Aston Martin ploughs off road into treeZelensky arrives at White House for high-stakes meeting as Trump weighs war escalationLooks like Scots tuna fishermen are gonna need a bigger boat!Salesforce rocked by ‘Godfather of Silicon Valley’ resignation after once-woke billionaire CEO called for Trump to clean-up San Francisco‘Queen of the con’ who stole more than £100,000 from friends before fleeing to the US and posing as a fake heiress is jailed for three yearsFemale teacher is banned from the classroom after swapping thousands of messages with boy pupil, 15, and meeting him outside of schoolAnthony Albanese’s secret holiday destination is revealed: Prime Minister jets back into Australia after seven-day break in Palau with his fiancée Jodie HaydonWilliam could be set to ban disgraced Prince Andrew and Sarah Ferguson from ALL future royal events including his own coronationHezbollah fighter ‘laid the groundwork’ for police’s decision to ban Israeli fans from Aston Villa football match by compiling ‘safety risk’ dossierGavin Newsom melts down as Pentagon plans to fire artillery shells over California highway during ‘No Kings’ protestLoose Women star Kaye Adams taken off £155,000-a-year BBC radio show after staff claim they were bullied
Sun. Dec 7th, 2025
Trending News: Lucy Letby ‘used as scapegoat for failings of senior doctors’ according to her childhood friendDistraught woman admits to using ‘homeless man’ from viral AI prank to file fake sex abuse reportReform UK gets first House of Lords member as Tory donor jumps ship‘See me one more time before I die’: Thomas Markle issues desperate plea to Meghan from hospital bed  ‘I don’t want to die estranged from Meghan. I want to meet my grandkids and Harry’: Thomas Markle speaks to the Mail’s CAROLINE GRAHAM from his hospital bed in this world exclusive interviewMultiple homes DESTROYED as out-of-control bushfires wreaks havoc on suburbs north of SydneyIncredible moment veteran, 88, receives $1.7M check from strangers after losing pension and returning to work full timeSomali fraud in Minnesota is the ‘biggest theft of taxpayer dollars in US HISTORY’, White House says… as Americans are ‘set to be shocked’ by what’s uncoveredRUTH LANGSFORD backs the Daily Mail’s new dementia campaign as she reveals: The hard lessons I learned dealing with my dad’s Alzheimer’s helped me do better when Mum got it tooMajor update after Bonnie Blue and a slew of teenage boys were arrested in Bali with a haul of lube, Viagra and condomsWhat to know about the air traffic control overhaul and the company FAA hiredUS Steel to resume production at Illinois plant shut 3 years agoUS consumer sentiment improved this month but remains subduedGerman parliament approves pension package after a rebellion in Merz’s partyFrench first lady Brigitte Macron visits an old friend in China: A giant panda called Yuan MengWhy Somali migrants may still aim for US despite travel restrictionsFlights at Edinburgh Airport resume after brief shutdown due to an IT issuePope cancels Holy See fundraising commissionChaos erupts at Indian airports as country’s largest airline cancels flightsAsian shares are mixed after Wall Street inches closer to its all-time highIsrael accused of ‘manoeuvring’ as it says Gaza crossing open one way onlyWhy did it take months to free a US teen from Israeli prison?Yemen’s Houthis release 9 mariners held since July ship attackWhat if…. we abolished billionaires?Indonesian villages flattened by catastrophic floodsIlhan Omar denounces Donald Trump for calling Somali immigrants ‘garbage’‘No compromise’ on territory after Ukraine talks with US: Russian officialHonduras election council member accuses colleague of ‘intimidation’Barcelona extend lead at top of La Liga with 3-1 win over Atletico MadridCan former colonial powers be held accountable for past atrocities?Russia-Ukraine war: List of key events, day 1,377Int’l Criminal Court says Libyan war crimes suspect now in custodyZelenskyy says territorial concessions remain Ukraine’s ‘biggest challenge’What does Netanyahu’s pardon request mean for Israel’s future?US Senator Chuck Schumer receives bomb threats at three offices in New YorkRussia-Ukraine war: List of key events, day 1,376Israelis protest in Tel Aviv after Netanyahu seeks pardon on fraud casesTop global arms producers’ revenues surge as major wars rage: SIPRI reportArmed men kidnap 13 women in Nigeria’s latest abductionWhat is driving US President’s Trump’s actions against Venezuela?Barefoot Investor Scott Pape divides over warning about financial decision that will break millions of Aussies: ‘Moron’South Carolina State University on lockdown after gunfire at campus housingMark Latham’s ex-girlfriend is ARRESTED at Sydney Airport following flight from DubaiBuild-A-Bear employee rejects teenage girl’s request to name teddy bear after Charlie KirkWild moment foul-mouthed Greens leader Larissa Waters drops S-bomb on ABC morning TV as she lays into the Albanese government for the ultimate betrayalHow Dame Jilly Cooper delighted fans with surprise cameo appearance in Disney’s adaption of her best-selling novel RivalsRange Rover stolen in Harrogate is tracked down…. 5,000 miles away in Pakistan‘Queen of the bonkbuster’ who brought sex to Middle England’s bookshelves: Dame Jilly CooperSouth Carolina judge’s $1.5M beachfront home burned to the ground in possible arson attack just weeks after brutal decision against Trump administrationThe universities planning wave of pro-Palestine protests on anniversary of October 7 as ‘disgusted’ Jewish leaders condemn rallies just days after synagogue terror attackNew Jersey antifascism professor says he’s been forced to move to EUROPE over rampant death threatsDemocrat Hakeem Jeffries SCREAMS at Republican lawmaker as shutdown sparks fury: ‘Keep your mouth shut’Tourists whose canoe was flipped by a raging elephant describe their terrorChilling note uncovered in car after alleged Sydney daycare murder attempt stoppedIt was the rape scandal that rocked Sydney’s elite private school societyGerman mayor fights for life after being repeatedly stabbed at her home a week after being electedAwkward moment Penny Wong was left speechless when she was asked a very simple question about ISIS brides returning to AustraliaPro-Palestine student protesters defy calls to cancel demonstrations as Israel marks two years since Hamas attacks on October 7: Live updatesThe faces of Asia’s ‘dirty old white men’ are being plastered online. I have no sympathy for themOutrage as Baltimore’s Dem mayor spends $164k of taxpayer cash on ultra-luxurious new SUVMeghan Markle reveals fears over Archie and Lilibet growing up in the digital age as she and Prince Harry are named ‘Humanitarians of the Year’ at glitzy New York ceremonyBrittany Higgins’ husband David Sharaz now faces BANKRUPTCY following defamation battle with Linda ReynoldsIndiana mom shows little emotion after killing her 9-day-old baby by leaving her in car seat for 14 hoursMilitary mom breaks down while pleading with Mike Johnson to stop shutdown: ‘My kids could die!’Missing mother-of-two found alone in the woods one week after home burned to groundHow Monty Python’s fish-slapping dance saved Michael Palin from gun-toting Venezuelan paramilitariesThousands of pro-Palestinian protesters march through London even though hostages deal has been agreed -demonstratorsTeacher was ‘so high on cocaine she thought one of her students was her dog’How the country idyll of middle-class residents in £800k homes in a picture-postcard Kent hamlet was turned into a living ‘hell’‘He’s got a big mouth!’ Working class locals living on Gary Neville’s street hit back at the Man Utd legend for ‘angry, middle-aged white men’ tiradeMan armed with a gun goes on a Grand Theft Auto-style carjacking rampage through MelbourneAnti-immigration rallies to rock almost EVERY capital city in Australia this weekend‘Am I going to die?’: Mum recalls son’s heartbreaking last words hours before he succumbed to a deadly diseaseFather launches campaign to become sheriff as he faces murder trial for killing teenage daughter’s abuserMitt Romney’s sister-in-law found dead on street near California shopping mallHamas vows to ‘cleanse Gaza of outlaws and collaborators with Israel’ as its gunmen take back control of the enclaveAs Israelis nervously await the release of loved ones, sick mob chants ‘Death to the IDF’… while supporters of Britain’s Jews are arrestedHamas says it may never find the bodies of hostages in rubble as release deadline loomsTennessee bomb factory worker who previously saved dozens of lives from fire was FIRED… as latest tragedy killed 18Marjorie Taylor Greene sparks seismic split with Trump as she rebels on the policy that got him electedBody returned to Israel ‘is NOT an Israeli hostage’: Hamas is accused of fresh insult after ‘tests show one set of remains was a Gazan’Labour isn’t working (again): Unemployment hits a four-year record as Britain faces highest inflation in G7 and growth in wages stallsTrump rips The View host who wrote him a ‘glowing letter’ before turning critic: ‘Fraud’Mother-of-three fatally shot by roommate who thought she was an intruder at Georgia homeHow Reform would crush all before them if election was held tomorrow: Explosive megapoll shows Nigel Farage set for the biggest Commons majority EVER with Tories reduced to just SEVEN MPs and Labour ministers culledCheryl puts on a brave face as she takes her mind off the anniversary of Liam Payne’s death at bandmate’s birthday dinnerDrunken sailor faces dismissal from Navy after attacking his comrades on base while trying to find more alcoholSpy chief reveals MI5 thwarted Chinese plot to attack Britain’s national security last weekHorrifyingly casual behavior of ‘killer’ moments after ‘slashing Ukrainian refugee’s throat’ on train in murder that shocked AmericaFormer Aviva CEO David Barral is killed in ‘fireball’ crash after Aston Martin ploughs off road into treeZelensky arrives at White House for high-stakes meeting as Trump weighs war escalationLooks like Scots tuna fishermen are gonna need a bigger boat!Salesforce rocked by ‘Godfather of Silicon Valley’ resignation after once-woke billionaire CEO called for Trump to clean-up San Francisco‘Queen of the con’ who stole more than £100,000 from friends before fleeing to the US and posing as a fake heiress is jailed for three yearsFemale teacher is banned from the classroom after swapping thousands of messages with boy pupil, 15, and meeting him outside of schoolAnthony Albanese’s secret holiday destination is revealed: Prime Minister jets back into Australia after seven-day break in Palau with his fiancée Jodie HaydonWilliam could be set to ban disgraced Prince Andrew and Sarah Ferguson from ALL future royal events including his own coronationHezbollah fighter ‘laid the groundwork’ for police’s decision to ban Israeli fans from Aston Villa football match by compiling ‘safety risk’ dossierGavin Newsom melts down as Pentagon plans to fire artillery shells over California highway during ‘No Kings’ protestLoose Women star Kaye Adams taken off £155,000-a-year BBC radio show after staff claim they were bullied
Sun. Dec 7th, 2025

Founder of South Korea’s Kakao arrested over alleged stock price rigging

Founder of South Korea’s Kakao arrested over alleged stock price rigging

Kim Beom-su is accused of conspiring to inflate SM Entertainment’s stock price to prevent takeover by rival agency.

The founder of South Korea’s Kakao Corp has been arrested on suspicion of rigging the tech giant’s stock price during its acquisition of K-pop juggernaut SM Entertainment.

Seoul Southern District Court issued the arrest warrant for Kim Beom-su on Tuesday, citing the possibility he could try to flee or destroy evidence.

South Korean prosecutors have accused Kim, also known as Brian Kim, of colluding with a private equity fund to buy some 240 billion won ($173m) worth of shares to inflate SM Entertainment’s stock price and prevent its takeover by rival entertainment agency Hybe Corp.

Hybe withdrew an offer to buy a 14.8 percent stake in SM Entertainment after the company’s stock price soared, allowing Kakao and its subsidiary to secure a nearly 40 percent stake in the K-pop agency.

South Korean prosecutors last year indicted Kakao’s Chief Investment Officer Bae Jae-hyun in relation to the alleged stock manipulation scheme.

Kim, who can be detained for up to 20 days before prosecutors must decide whether to indict him, has denied any wrongdoing and has not been formally charged.

Widely viewed as one of South Korea’s most visionary tech founders, Kim, 58, launched the country’s most popular messaging app, KakaoTalk, in 2010.

Since then, Kakao has evolved into a sprawling corporate empire valued at more than $12bn, with a business portfolio spanning taxi-hailing services, online banking, online shopping, entertainment management and merchandise stores.

Shares of Kakao, which is planning to introduce new artificial intelligence services this year, dropped more than 5 percent following the news of Kim’s arrest.

Source

:

Al Jazeera and news agencies

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