[THE INVESTOR] Foreign securities companies led by Morgan Stanley & Co. International are the biggest short sellers betting against Korean stocks, according to the local bourse operator Korea Exchange on July 6. As the KRX started to impose a new regulation obligating investors to reveal their short positions and information about their identities publicly from June 30, a total of 414 cases were reported, according to filings made under the new regulatory regime.Morgan Stanley headquartersAccord

Yonhap News reported last night that the Fair Trade Commission, in its M&A assessment report, had rejected SKT’s bid to acquire CJ Hellovision, saying it would hinder competition. The FTC pointed out that the combined entity would control more than 60% of the market in 21 of the total of 23 broadcast areas in which CJ operates, thus hurting competition. The two companies have yet to issue an official comment. Decision difficult to understand The decision, if true, is hard to understand for a num