Ask what Korea is talking about.

South Korea's financial regulator is closely monitoring a proposed tender offer for up to 50% of JYP Entertainment by a Japan-linked group, The NEXROC and SVCV. The Financial Supervisory Service (FSS) called the pre-filing announcement "very unusual" and said it will launch a probe if unfair trading is suspected, Yonhap and Chosun Ilbo report. JYP shares jumped 7% on the news, but the company says it has received no formal acquisition proposal. The 50% stake is valued at about 750 billion won. Korean media and officials are questioning the investors' identities and financing ability, with the FSS vowing to watch for abnormal transactions.