Odaily reports that SK Hynix plans to raise 43 trillion won (approximately US$28.06 billion) through an ADR listing.

Odaily Planet Daily reports that Tatsuo Yamazaki, former head of Japan's foreign exchange policy and former finance minister at the Ministry of Finance, said in an interview on Monday that the yen should appreciate by up to 20% from its current level (approximately 130 yen to 1 US dollar), refuting bets that the yen might weaken further. Yamazaki stated, "This is no longer a fundamental issue, but rather a question of how market expectations will change. But we are approaching a climax." He believes that the current estimate of the yen being undervalued by 10% is likely conservative. "I wouldn't be surprised if the yen rises to around 130. Frankly, that's my view." At the same time, Yamazaki suggested that the market should not mistake the recent apparent calm from Japanese authorities for complacency. He stated, "They have issued warnings, and anyone still holding short yen positions knows they face the risk of intervention and punishment—forced liquidation. The Ministry of Finance has gone beyond the warning stage; the authorities have indicated their willingness to take action." (Jinshi)

Odaily reports that South Korea's media regulator will give Polymarket one opportunity to respond before deciding whether to take corrective action against its prediction market platform. The regulator is reviewing whether Polymarket's services constitute illegal gambling activities prohibited by South Korean law. (The Block)