Trending News: Miranda Hart reveals her ‘absolute biggest regret’Iran WALKS AWAY from peace talks in protest after furious Trump’s explosive outbursts threatening to ‘blow the s*** out of them’ and take over the countryAndy Murray says he’s not been tempted to make Serena Williams-style return to the tennis court, but isn’t surprised American legend is backConcertgoer, 51, who plunged to his death in front of horrified wife at Madison Square Garden is identified as ‘much-loved’ dad-of-twoFerry bosses forced to spend £600k of taxpayers’ cash on green fuel experts… because they don’t have staff with necessary expertiseHidden past of Trump congressional pick… as hypocritical truth behind his hardline child predator boasts is revealedGirl killed on millionaire George Pino’s boat is seen dancing carefree just moments before fatal crash as he hangs his head in courtUS Coast Guard members found with helicopter that crashed outside of remote Alaska town rushed to hospitalKeir Starmer resigns: Live updates as Andy Burnham sworn in as MP after tearful PM stepped downJill Biden’s confession about the high-pressure moment Kamala Harris cornered JoeTrump’s SECOND endorsed candidate Alan Wilson triumphs in South Carolina as President rushed to save faceBrutal news for Aussies with a mortgage: Warning interest rates will rise AGAIN in AugustStina Wangqvist: Health chiefs act on Byron Bay yoga instructor accused of sexually abusing an animal and producing child abuse materialKennedy family political dynasty falls with hunky Jack Schlossberg’s crushing defeatNo-nonsense judge’s furious blast at evil dad-of-four for murdering Melbourne ‘supermum’Jessica thought she had found her ‘dream’ Land Rover for sale… then came the problems that just got worse and worseTwiggy Forrest’s mining giant rocked by rape and stalking claims as women workers launch class actionAussie father says his appendix burst after a 30-hour wait at Campbelltown HospitalWoman arrested for flashing handgun at Taco Bell employee over long waitSouth Carolina fitness instructor Elana Moore made cryptic posts about ‘disgust and resentment’ days before she was mysteriously found dead‘How is this justice? What message does this send to society?’: Family of tragic Aria Thorpe, nine, hit out after boy is cleared of her murder and manslaughterHorrifying before-and-after aerial images show scale of destruction after Venezuela earthquakes as death toll climbs to 235 with thousands missingJD Vance jokes wife Usha should serve as key US official after her epic response to trolls over maternity fashionYour move, Shabana! Labour tears itself apart as Keir Starmer blocks ‘traitor’ Home Secretary Mahmood from sacking his loyalist minister Mike TappBritish girl, three, dies following 24-hour fight for life after being pulled from a pool at holiday villa in SpainHow the Lancashire cotton town that was once a cradle of the Industrial Revolution is now terrorised by machete drug gangsVicar wins permission to bury a father’s ashes after they were left behind by a stag party at a racecourse burger vanHorror as a couple are savagely attacked by an aggressive mastiff while walking their dog on the Gold CoastBritish doctor is arrested over murder of model whose body was found in suitcaseAustralia to be smashed with heavy rainfall over the next week with temperatures set to plunge: here’s the weather in your cityMoment heartbroken dad of girl, 15, who died from Benadryl overdose CONFRONTS shopworker selling medication to underage teensMassive floods leave four dead in Kentucky‘They fooled us all’: Neighbours say monster Jamie Varley and his boyfriend hoodwinked them by ‘pretending to be normal’ for TWO YEARS after moving into their £450k home while being investigated for murdering little Preston DaveyThe ‘Wild West’ pedestrian crossing where Nicky Campbell’s daughter got hit by an e-bike is a lawless death trap where riders still flout rules and speed through red lights with impunityEleven dead after plane carrying skydivers crashes in France during take-off: Nurses participating in ‘introductory sky jump’ believed to be among victimsBakery bandit who ‘stole half of cake maker’s stock from her honesty box stall’ fails to appear in courtMarried Texas Republican caught on video with mistress on secret romantic getaway: See his telling reaction when he spots camera amid crucial election clashCheshire’s iconic venue loved by the Beckhams is on the market for £1.25million after years of unpaid rentSupreme Court slaps Trump with $5MILLION bill over sex abuse case that will stain legacyTrump’s crusade to kill mail-in ballots crushed by Supreme Court, in a blow to his election obsessionBeloved woman, 31, identified as alligator attack victim killed after predator ripped off both her arms… as nightmarish new details of her final moments are revealedYour problem now, Andy! Demob happy Starmer and Reeves leave Burnham with £5bn black hole in new defence ‘plan’… as they tell each other how wonderful they wereOutdoorsman, 37, vanishes during trip to Mount St Helens to mark 46th anniversary of famous volcano eruptionMore than 80 asylum seekers set to be moved into £250,000 ‘Migrant Street’ newbuild village homesAssassin ‘may have tried to blow up Ukrainian oligarch and his family over the tycoon’s alleged links to €100 million call centre scam, police believe’Dad of woman, 31, killed by alligator details frantic phone call he received while she took her final breaths… as it’s revealed victim noticed BUBBLES on river moments before predator struckTrump’s ‘profane’ interaction with dead president shocks viewersWhite working-class students excluded from almost all Oxbridge diversity scholarshipsTeachers across the country are set to strike as schools are told they face cuts to fund 3.5 per cent pay riseSocialist earthquake rattles Democrats as insurgents plot more scalps and set sights on top leaderGen-Z discovers creative new way to achieve the American Dream that involves hard work but can pay up to $70,000-a-month with NO qualifications neededSecret Service knew Thomas Crooks was on roof TWO MINUTES before he shot Trump, bombshell intelligence report revealsWhite wine in the sun: Nicola Sturgeon sets her troubles aside and enjoys a tipple with human rights lawyer friend after fleeing Scotland for London as she’s pictured for first time since ex-husband was jailed for £500,000 SNP embezzlement‘Armed and dangerous’ Ukrainian woman is prime suspect in Monaco explosion that critically wounded oligarch, his mistress and sonThe sinister truth about daredevil ‘rooftoppers’: Cynical motive for Empire State Building stunt… the lives they put at risk… and devastating toll of twisted crazeBenefit cheat who stole £37,000 after claiming she was too sick to take a bath avoids prison after being caught pulling pints at pubWoke NYC mayor’s wife seen boarding carbon-belching flight to MALLORCA after he urged locals to keep air con at 78f during 100f heatwaveOutraged reporter says Austin’s $125million public library is now being used as a filthy homeless shelterTear down this wall! Property developer faces council probe after erecting section of the Berlin Wall in his garden without planning permissionFormer SNP leadership hopeful Kate Forbes claims she was told to lie about her views on same-sex marriageGrim new details emerge of chilling similarities between the Thai girl found dead in a suitcase and two others who suffered the same fateVoters tell PM-in-waiting Andy Burnham: You must call snap election if you want a mandate to governBurnham plots homes tax raid on middle class: Plan to lower mansion levy limit will hit more than 150,000 families with four-figure hikesUK police chiefs blasted for ‘breathtakingly inadequate’ leadership in scathing report accusing them of being ‘stuck in the last century’Man, 43, is arrested on suspicion of murder and attempted murder after crash killed elderly pet shop owner and seriously injured a teenage girlPolice name man wanted over murders of wife and childrenInquiry to focus on ‘violence-fixated individuals’Egypt want officials from Argentina match kicked out of World CupChris Mason: It’s far from certain whether by-election will strengthen FarageVirgin Media fined after hanging up on customers trying to cancel contractsStuart Hogg finally sells home…but only after shamed rugby star slashes £300k from priceCouncil tax bills will soar by up to £3,600 a year under SNP proposals for new ‘mansion tax’Charlie Kirk murder suspect Tyler Robinson is seen LAUGHING in court just a few feet away from sobbing widow ErikaSenior SNP MSP admits independent Scotland WOULD have to adopt the Euro to join EUDoing nothing is not an optionWoman, 30, arrested in murder probe after woman in her 50s is found deadWoman, 22, dies in ‘skydiving incident’ in NottinghamshireHarrowing footage from INSIDE plane shows terror-stricken passengers plunge into NYC river after Hamptons trip: Screams of ‘mayday’ as they brace during crashFour children from every Year 6 primary school classroom on average will end up claiming out of work benefits, according to analysis, in latest sign of Britain’s ‘NEETs crisis’Passengers onboard plane that plummeted into the East River are identified after making miracle escape from the jaws of deathWorld markets are mixed while Korean shares slump despite an AI-led rebound on Wall StUS airlines chase profits in premium cabins, deepening a fare class divide on flightsE-bike injury payouts top £110m and push up insurance premiumsExplosions injure 18 in Damascus during Macron’s visitEndometriosis diagnosis set to be sped up with two new tests carried out by GPsHarry begins UK visit as verdict due in privacy case against Daily Mail publisherErika Kirk comes face-to-face in court with husband’s alleged killerTanker set ablaze after being struck by projectile in the Strait of Hormuz as Iran mourns KhameneiEx-civil rights agency commissioner fired by Trump drops lawsuit in wake of Supreme Court rulingIndonesia’s Prabowo and India’s Modi meet to discuss expanding economic and defense tiesUkraine warns of interceptor missile shortage as 18 killed in Kyiv regionWegovy weight loss pill now available in UKHow England’s epic night at the Azteca unfoldedITV sells media and entertainment arm to Sky for £1.6bnFrom an audience of one to 45,000: Wolf Alice’s homecoming gig shows how far they’ve comeInmates and guards killed in deadly fighting at Sri Lanka prisonImpeachment trial of Philippine Vice President Sara Duterte beginsGlobal shares are mixed and oil slips after OPEC+ plans August output hikeUK’s Farage’s gold deal tests his populist brand as Restore Britain risesAre you older or younger than the rest of the world?
Wed. Jul 22nd, 2026
Trending News: Miranda Hart reveals her ‘absolute biggest regret’Iran WALKS AWAY from peace talks in protest after furious Trump’s explosive outbursts threatening to ‘blow the s*** out of them’ and take over the countryAndy Murray says he’s not been tempted to make Serena Williams-style return to the tennis court, but isn’t surprised American legend is backConcertgoer, 51, who plunged to his death in front of horrified wife at Madison Square Garden is identified as ‘much-loved’ dad-of-twoFerry bosses forced to spend £600k of taxpayers’ cash on green fuel experts… because they don’t have staff with necessary expertiseHidden past of Trump congressional pick… as hypocritical truth behind his hardline child predator boasts is revealedGirl killed on millionaire George Pino’s boat is seen dancing carefree just moments before fatal crash as he hangs his head in courtUS Coast Guard members found with helicopter that crashed outside of remote Alaska town rushed to hospitalKeir Starmer resigns: Live updates as Andy Burnham sworn in as MP after tearful PM stepped downJill Biden’s confession about the high-pressure moment Kamala Harris cornered JoeTrump’s SECOND endorsed candidate Alan Wilson triumphs in South Carolina as President rushed to save faceBrutal news for Aussies with a mortgage: Warning interest rates will rise AGAIN in AugustStina Wangqvist: Health chiefs act on Byron Bay yoga instructor accused of sexually abusing an animal and producing child abuse materialKennedy family political dynasty falls with hunky Jack Schlossberg’s crushing defeatNo-nonsense judge’s furious blast at evil dad-of-four for murdering Melbourne ‘supermum’Jessica thought she had found her ‘dream’ Land Rover for sale… then came the problems that just got worse and worseTwiggy Forrest’s mining giant rocked by rape and stalking claims as women workers launch class actionAussie father says his appendix burst after a 30-hour wait at Campbelltown HospitalWoman arrested for flashing handgun at Taco Bell employee over long waitSouth Carolina fitness instructor Elana Moore made cryptic posts about ‘disgust and resentment’ days before she was mysteriously found dead‘How is this justice? 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Demob happy Starmer and Reeves leave Burnham with £5bn black hole in new defence ‘plan’… as they tell each other how wonderful they wereOutdoorsman, 37, vanishes during trip to Mount St Helens to mark 46th anniversary of famous volcano eruptionMore than 80 asylum seekers set to be moved into £250,000 ‘Migrant Street’ newbuild village homesAssassin ‘may have tried to blow up Ukrainian oligarch and his family over the tycoon’s alleged links to €100 million call centre scam, police believe’Dad of woman, 31, killed by alligator details frantic phone call he received while she took her final breaths… as it’s revealed victim noticed BUBBLES on river moments before predator struckTrump’s ‘profane’ interaction with dead president shocks viewersWhite working-class students excluded from almost all Oxbridge diversity scholarshipsTeachers across the country are set to strike as schools are told they face cuts to fund 3.5 per cent pay riseSocialist earthquake rattles Democrats as insurgents plot more scalps and set sights on top leaderGen-Z discovers creative new way to achieve the American Dream that involves hard work but can pay up to $70,000-a-month with NO qualifications neededSecret Service knew Thomas Crooks was on roof TWO MINUTES before he shot Trump, bombshell intelligence report revealsWhite wine in the sun: Nicola Sturgeon sets her troubles aside and enjoys a tipple with human rights lawyer friend after fleeing Scotland for London as she’s pictured for first time since ex-husband was jailed for £500,000 SNP embezzlement‘Armed and dangerous’ Ukrainian woman is prime suspect in Monaco explosion that critically wounded oligarch, his mistress and sonThe sinister truth about daredevil ‘rooftoppers’: Cynical motive for Empire State Building stunt… the lives they put at risk… and devastating toll of twisted crazeBenefit cheat who stole £37,000 after claiming she was too sick to take a bath avoids prison after being caught pulling pints at pubWoke NYC mayor’s wife seen boarding carbon-belching flight to MALLORCA after he urged locals to keep air con at 78f during 100f heatwaveOutraged reporter says Austin’s $125million public library is now being used as a filthy homeless shelterTear down this wall! Property developer faces council probe after erecting section of the Berlin Wall in his garden without planning permissionFormer SNP leadership hopeful Kate Forbes claims she was told to lie about her views on same-sex marriageGrim new details emerge of chilling similarities between the Thai girl found dead in a suitcase and two others who suffered the same fateVoters tell PM-in-waiting Andy Burnham: You must call snap election if you want a mandate to governBurnham plots homes tax raid on middle class: Plan to lower mansion levy limit will hit more than 150,000 families with four-figure hikesUK police chiefs blasted for ‘breathtakingly inadequate’ leadership in scathing report accusing them of being ‘stuck in the last century’Man, 43, is arrested on suspicion of murder and attempted murder after crash killed elderly pet shop owner and seriously injured a teenage girlPolice name man wanted over murders of wife and childrenInquiry to focus on ‘violence-fixated individuals’Egypt want officials from Argentina match kicked out of World CupChris Mason: It’s far from certain whether by-election will strengthen FarageVirgin Media fined after hanging up on customers trying to cancel contractsStuart Hogg finally sells home…but only after shamed rugby star slashes £300k from priceCouncil tax bills will soar by up to £3,600 a year under SNP proposals for new ‘mansion tax’Charlie Kirk murder suspect Tyler Robinson is seen LAUGHING in court just a few feet away from sobbing widow ErikaSenior SNP MSP admits independent Scotland WOULD have to adopt the Euro to join EUDoing nothing is not an optionWoman, 30, arrested in murder probe after woman in her 50s is found deadWoman, 22, dies in ‘skydiving incident’ in NottinghamshireHarrowing footage from INSIDE plane shows terror-stricken passengers plunge into NYC river after Hamptons trip: Screams of ‘mayday’ as they brace during crashFour children from every Year 6 primary school classroom on average will end up claiming out of work benefits, according to analysis, in latest sign of Britain’s ‘NEETs crisis’Passengers onboard plane that plummeted into the East River are identified after making miracle escape from the jaws of deathWorld markets are mixed while Korean shares slump despite an AI-led rebound on Wall StUS airlines chase profits in premium cabins, deepening a fare class divide on flightsE-bike injury payouts top £110m and push up insurance premiumsExplosions injure 18 in Damascus during Macron’s visitEndometriosis diagnosis set to be sped up with two new tests carried out by GPsHarry begins UK visit as verdict due in privacy case against Daily Mail publisherErika Kirk comes face-to-face in court with husband’s alleged killerTanker set ablaze after being struck by projectile in the Strait of Hormuz as Iran mourns KhameneiEx-civil rights agency commissioner fired by Trump drops lawsuit in wake of Supreme Court rulingIndonesia’s Prabowo and India’s Modi meet to discuss expanding economic and defense tiesUkraine warns of interceptor missile shortage as 18 killed in Kyiv regionWegovy weight loss pill now available in UKHow England’s epic night at the Azteca unfoldedITV sells media and entertainment arm to Sky for £1.6bnFrom an audience of one to 45,000: Wolf Alice’s homecoming gig shows how far they’ve comeInmates and guards killed in deadly fighting at Sri Lanka prisonImpeachment trial of Philippine Vice President Sara Duterte beginsGlobal shares are mixed and oil slips after OPEC+ plans August output hikeUK’s Farage’s gold deal tests his populist brand as Restore Britain risesAre you older or younger than the rest of the world?
Wed. Jul 22nd, 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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