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about the country’s future and how life could be made easier for hard-working Aussies: ‘Slipping and we all know it’Learner driver, 52, thought she had ‘run over a musical instrument’ after she mowed down 12-year-old girl on a pedestrian crossing outside her schoolPrince Edward pays peppercorn rent for his 120-room Surrey mansion Bagshot ParkSecret war tearing apart $70M power couple: Dark reason their marriage is spinning out of control… after 10-hour livestreamed mega fightPolice lock down Elizabeth City Centre in Adelaide after violent Black Friday stabbingNew Liberal leader Kellie Sloane’s warning to Premier Chris Minns: ‘We have done it before. And we will do it again.’Prison officer, 24, admits illicit sexual relationship with male inmate AND role in ‘drug smuggling’ operationBritish father was unlawfully killed by an Iranian drone while on an empty oil tanker in the Middle East, inquest rulesBBC attacks King over tax: Veteran David Dimbleby says ‘ultra-rich’ Charles should be paying in morePlaying dress-ups, hugs, and big smiles: William Tyrrell’s sister shares haunting never-before-seen photos of her little brother before he mysteriously disappearedMoment Reeves refuses to meet Kemi Badenoch’s eye in TV showdown after Tory leader branded her a liar and ridiculed her ‘sexism’ complaintsHollywood’s secret script doctor: How Sir Tom Stoppard’s uncredited writing for Spielberg and Lucas made their blockbusters singCyber Monday 2025 UK deals live: The best offers still on after Black Friday on big-name brandsEx-City minister and Labour MP Tulip Siddiq found guilty in corruption trial and sentenced to two years in jailBenefits claimants in Britain’s ‘most deprived’ seaside town are ‘absolutely delighted’ with Rachel Reeves’ £16billion Budget giveawayMade in Britain, ISIS’s new leader: Terror network’s latest chief ‘preached in British mosques for years after being given sanctuary as a migrant in Sweden’Eye-popping truth about what really happens at a Butlin’s adults-only weekend. There’s so many whispers among middle-aged of what the cheerful camps have become notorious for. Now ANDY JONES’s investigation reveals ALL… prudes, look away
Fri. Jan 9th, 2026
Trending News: ‘We will remember them’: Princess of Wales’s touching tribute to the fallen at moving Armistice Day serviceInside the shocking $100,000 crime spree of crooked cop we are banned from telling you who he REALLY is for 20 YEARSWhat do you give the man who has lost everything? Andrew Mountbatten Windsor may get a HYPHEN in his commoner surnamePutin’s ‘Mad Max’ infantry: Russian column travelling in stripped-back cars missing doors and windows is seen advancing through fog like scene from apocalyptic movieDozens of cruise passengers are left floating in the Caribbean Sea after 40ft catamaran sinks during excursionTrump pardons Rudy Giuliani and other GOP operatives for trying to overturn 2020 electionSenate votes to END longest government shutdown in US history as gang of rogue Democrats cave and join GOPPolice launch probe into the mystery death of one-year old baby boyPayPal billionaire delivers chilling warning about spread of Communism as eerily prescient comment comes to light in wake of Mamdani’s winReeves wants to hit Middle England with 14 council tax bands, Tories claim… as shadow housing secretary accuses Labour of ‘Left-wing plot’ to take more of your moneyPrincess Eugenie’s art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’Hundreds evacuated by gas-mask clad police after chemical leak sends 36 people to the hospitalI’m A Celebrity star Kelly Brook’s pay ‘REVEALED’ as model is set to make mega-bucks for ITV stint after claiming she’d ‘never do it’Senator John Fetterman is rushed to hospital with life-threatening heart problem after fall on morning walkVicious ex-Marine who murdered little girl, 6, to be executed in Florida after last-ditch plea was rejectedVinted users fury over ‘disastrous’ change to shopping appTess Daly is supported by husband Vernon Kay and lookalike daughter Phoebe, 21, as she receives MBE from King Charles at Windsor Castle and dedicates the honour to her late fatherAs Sir Keir told the Commons Labour are a ‘united team’, backbenchers stared, arms crossed, wondering: Can’t we send him back and ask Ikea for a refund? writes QUENTIN LETTSHistoric southern hotel with classic verandas that is on National Register of Historic Places is totally destroyed by huge fireMarried At First Sight UK bride breaks down in tears as she drops a bombshell on her husband… and makes a dramatic U-turn during final vowsMexico anti-corruption protest descends into chaos as thousands of ‘Gen Z’ demonstrators storm National PalaceOur Novichok nightmare: Former Russian spy and his daughter targeted by Putin in Salisbury poisonings relive hell of hallucinations ‘like LSD’ that left them close to deathFury as Chinese state security granted permission to check visitors’ passports at BRITISH heritage site in latest row over Beijing’s ‘super embassy’Shock admission from top health expert over state’s response to Covid pandemicFour police officers shot while responding to violent incident in rural KansasHorror as pregnant woman and her unborn baby are hit and killed after two cars collide in a Hornsby carpark -plater driver, 19, is charged by copsKash Patel hired deputy FBI director with no background check in extraordinary vetting breachTinder Swindler boasted he is ‘unstoppable’ in first major interview hours before he was dramatically freed from Georgian cellTrump envoy plans summit with Hamas chief who masterminded Oct. 7 massacreMissouri trailer park that shares a fence with US nuclear bomber fleet is owned by couple with ties to former Chinese Communist Party intelligence agentMarjorie Taylor Greene’s lookalike daughter defends mom against ‘fake MAGA’ attacks amid fallout with TrumpHamas bus bomber who killed Briton is now among 15 terrorists freed in TurkeyLawyers and Labour MPs to torpedo Mahmood’s asylum plan: Home Secretary warned Left-wing opposition will scupper crackdown on illegal migrationTwo faces of tragedy: Teenage BMW driver Aaron Papazoglu and the pregnant mum he is accused of killing Samanvitha Dhareshwar as she walked with her husband and young son are revealedChicago-born Pope Leo snubs group of trans women during holy dinner at the VaticanDramatic update on huge outback search launched for couple who vanished without trace in the NT desert FOUR DAYS agoMarried couple is found murdered inside their waterfront home after chilling 911 callHeartbroken widow breaks silence over tradie dad’s death in freak accidentTrump celebrates ‘incredible’ UN resolution approving his Gaza ceasefire planHeil to pay: Unmasked Nazi sparks chaos at top consulting firmRussell Crowe delivers stirring eulogy for John Laws in front of a Who’s Who of Australian showbiz and politics at radio icon’s state funeralFitness First and Jetts set to be SOLD in AustraliaShocking twist after Australian reality TV star allegedly murders her partner and then cuts his head offStephen A. Smith challenges Michelle Obama’s claim that America isn’t ready to elect woman president: ‘What?’Revealed: Pots for the World Cup draw with England among the top seeds and Scotland facing potential group of death after qualifying in dramatic styleTrump orders DOJ to release all Epstein files in 30 days… but panic sets in as major loopholes emergePolitical turmoil as former Channel Nine star is poised to become the next NSW Liberal leaderThe parties inside Britain’s biggest asylum seeker centre: Migrants dance with the help of disco equipment in new videoGOP staffer found with Trump sex slur written on stomach and hands zip tied… before she’s accused of elaborate hoaxWhy investors still fear the AI bubble will burst despite Nvidia’s blockbuster resultsDemocratic candidate gives bizarre defense after comments that she ‘hates’ Nashville resurfaceViolence against Christians takes a terrifying turn as 100 children are kidnapped from Nigerian school by armed gangsters with Trump threatening invasionKeir Starmer is set to approve China’s new super embassy in London despite spying fears after Beijing warned of ‘consequences’ if development was rejectedRampaging grizzly bear attacks schoolchildren and teacher on Canada hike leaving at least 11 injured with two in critical conditionSecurity ramps up in town awaiting arrival of 600 lone male asylum seekers as residents are told they’ll only get ’48 hours’ notice’ before migrants move onto army baseWest Midlands police ‘used false intelligence’ to ban Maccabi Tel Aviv fans from Villa gameAustralian man vanishes on Disney cruise ship with fears he went overboard during voyage to New Zealand: ‘No sign of him’The hated Far East rivals on WW3 collision course: How China and Japan could become new global flash point as Beijing warns of ‘crushing’ defeat and Tokyo mulls nuke options in row over Taiwan and disputed islesGoalkeeper DAVID SEAMAN was nicknamed ‘safe hands’Controversial Canadian influencer with an army of 3million followers is banned from Australia on the eve of speaking tour over ‘sickening’ commentsExperts identify the mineral deficiencies which cause depressionThe healthiest crisps in Britain, RANKED by experts: Posh packets, a childhood staple and a VERY unexpected sugar-bombFormer head of the British Army General Richard Dannatt suspended from House of Lords for four months for breaking lobbying rulesFreebies for ‘sickfluencers’ paid for by taxpayer: Millions worth of gadgets handed out to sufferers with self-diagnosed mental health conditionsPolice officer ‘who allegedly repeatedly stole items from Co-op including champagne, Mr Kipling cakes, lager and dog food’ was suffering from ‘temporary insanity’, court hearsBritain is in a ‘growth emergency’, Business Secretary admits as economic outlook gets WORSE and dismal reality of Labour’s handling of economy laid bare ahead of BudgetWhat to expect in tomorrow’s Budget as Rachel Reeves prepares to unveil her ‘smorgasbord’ of tax hikes while splurging billions more on welfareMarquess of Bute’s daughter Lady Caroline, 41, gets engaged to 29-year-old music video producer girlfriendNow Reeves hits prudent savers: As she prepares £15billion welfare splurge, Chancellor is to slash the annual cash Isa from £20,000 to £12,000Michael Ross DID shoot waiter dead, his own defence investigator has claimed, despite his lengthy campaign to clear his nameYour first look at Guz Khan’s new comedy, landing this ChristmasBig tax… or bust: Reeves admits Britain is ‘angry’ as she braces to smash vows to ‘working people’ and ramp up benefits in Budget TODAYJeff Brazier breaks his silence on his split from wife Kate as he reveals the reason why their seven-year marriage ended in summer: ‘It felt time to let it go’Furious farmers defy tractor ban as they drive to Westminster in protest over Rachel Reeves’ BudgetThese next door neighbours live in almost identical houses… but one faces paying hundreds of pounds more under Rachel Reeves’ ‘mansion tax’Tourists’ luggage is swept out to sea after shocking blunderFears of Labour SEND ‘catastrophe’ for schools: Per-pupil funding ‘could crash by £400’ after Chancellor announced plan to prop up councils struggling with explosion in autism and ADHD diagnosisCIA head reveals National Guard shooting suspect worked with spy agency in Afghanistan as Trump blasts Biden for flying him in during disastrous withdrawal from countryEDEN CONFIDENTIAL: Prince Harry’s ex Chelsy is set to move her family to paradiseTrainee police officer is banned for life for passing force secrets to her drug dealer boyfriendSydney north shore mum breaks cover in a chauffeur-driven LIMOTrump halts migration from all third world countries and orders audit of green cards from 19 others as he humiliates reporter in explosive exchange over Afghan shooterFace of Australia’s NDIS fraud catastrophe: How a mum with an IQ of just 71 played key role in ripping off $1million from taxpayersMark Bouris issues a dire warning about the country’s future and how life could be made easier for hard-working Aussies: ‘Slipping and we all know it’Learner driver, 52, thought she had ‘run over a musical instrument’ after she mowed down 12-year-old girl on a pedestrian crossing outside her schoolPrince Edward pays peppercorn rent for his 120-room Surrey mansion Bagshot ParkSecret war tearing apart $70M power couple: Dark reason their marriage is spinning out of control… after 10-hour livestreamed mega fightPolice lock down Elizabeth City Centre in Adelaide after violent Black Friday stabbingNew Liberal leader Kellie Sloane’s warning to Premier Chris Minns: ‘We have done it before. And we will do it again.’Prison officer, 24, admits illicit sexual relationship with male inmate AND role in ‘drug smuggling’ operationBritish father was unlawfully killed by an Iranian drone while on an empty oil tanker in the Middle East, inquest rulesBBC attacks King over tax: Veteran David Dimbleby says ‘ultra-rich’ Charles should be paying in morePlaying dress-ups, hugs, and big smiles: William Tyrrell’s sister shares haunting never-before-seen photos of her little brother before he mysteriously disappearedMoment Reeves refuses to meet Kemi Badenoch’s eye in TV showdown after Tory leader branded her a liar and ridiculed her ‘sexism’ complaintsHollywood’s secret script doctor: How Sir Tom Stoppard’s uncredited writing for Spielberg and Lucas made their blockbusters singCyber Monday 2025 UK deals live: The best offers still on after Black Friday on big-name brandsEx-City minister and Labour MP Tulip Siddiq found guilty in corruption trial and sentenced to two years in jailBenefits claimants in Britain’s ‘most deprived’ seaside town are ‘absolutely delighted’ with Rachel Reeves’ £16billion Budget giveawayMade in Britain, ISIS’s new leader: Terror network’s latest chief ‘preached in British mosques for years after being given sanctuary as a migrant in Sweden’Eye-popping truth about what really happens at a Butlin’s adults-only weekend. There’s so many whispers among middle-aged of what the cheerful camps have become notorious for. Now ANDY JONES’s investigation reveals ALL… prudes, look away
Fri. Jan 9th, 2026

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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