Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Yoo Jae Suk, one of the top celebrities and multi-awarded entertainer in South Korea, is now a legal owner of shares in Kakao Entertainment. The subsidiary of the internet company, Kakao, confirmed on Tuesday, Nov. 16, that Yoo is one of its newest shareholders.
Yoo Jae Suk is being managed by Antenna talent agency owned by Yoo Hee Yeol, and it was reported that the CEO also invested ₩7 billion or around $5.9 million in Kakao Entertainment. According to The Korea Herald, the Antenna chief invested after selling all the shares of his own company. Currently, he holds a .07 percent share as per the information posted on the Financial Supervisory Service’s electronic disclosure board.
“Yoo Jae Suk participated in the agency’s most recent capital increase, largely to strengthen his trust-based partnership with Yu Hee Yeol,” an official from Kakao Entertainment said regarding Jae Suk’s shareholder status.
It was said that the exact amount of the entertainer’s shares would not be publicly disclosed to protect his privacy. Then again, some industry insiders opined that his shares might not be large enough to be subjected to disclosure rules. Moreover, business experts said that Jae Suk’s purchase of shares from the parent company is unusual, even if the amount is big or small.
“Yoo had even refrained from buying shares from his previous management agencies, largely because the stock prices of entertainment agencies easily collapse due to scandals involving their artists,” the publication quoted Ha Jae Geun, a pop culture critic, as saying. “It also shows he did not want to be associated with such scandals for the reason he is sharing the same agency with them.”
The critic went on to say that Yoo Jae Suk may have bought shares in Kakao Entertainment as he thinks the company may be different from traditional agencies. This is because he may see it as more of a promising IT platform that has enormous potentials for future growth.
At any rate, Kakao Entertainment is a platform that offers wide-ranging content that includes webtoon series, web-based dramas, and concerts. Not long ago, the company merged with Melon, a popular music streaming platform based in S. Korea.
