Youkyung Lee

Korea Zinc Co. 's stock plunged by the daily limit after the metal producer at the center of a takeover battle announced it would raise 2.5 trillion won ($1.8 billion) by issuing new shares.

Just a few months ago, Samsung looked primed to benefit from the global AI boom. Now, it has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge.

Shares of Korea Zinc Co. plunged as much as 23%, extending losses from a day earlier, after a local media report that the South Korea’s markets regulator may ask the metal producer to revise its $1.8 billion share sale plan.

South Korea’s financial watchdog plans to review potential wrongdoings in Korea Zinc Co.’s share sale plan, citing “a high likelihood’ that the case may constitute an unfair trade.

South Korea's financial watchdog plans to review potential wrongdoings in Korea Zinc Co. 's share sale plan, citing “a high likelihood' that the case may constitute an unfair trade.

South Korean retail investors boosted their holdings of US stocks to more than $100 billion for the first time amid growing interest in Big Tech shares and leveraged funds.

South Korean retail investors boosted their holdings of US stocks to more than $100 billion for the first time amid growing interest in Big Tech shares and leveraged funds.

Miles Weiss and Youkyung Lee 4 min read In this article

Warren Buffett created Berkshire Hathaway Inc.’s Class B shares almost 30 years ago to stymie money managers who sought to split the high-priced conglomerate’s stock.

Warren Buffett created Berkshire Hathaway Inc.'s Class B shares almost 30 years ago to stymie money managers who sought to split the high-priced conglomerate's stock.