Thursday, August 8, 2024

South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in July 2024 (Bloomberg)

Bloomberg:
South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in July 2024  —  - Prosecutors will lay out charges against Kakao founder Kim  — The case has enthralled Korea's internet and business sectors



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...