SBS NEWS

Hundreds of Trillions of Won Pour into 'Anti-Cancer Market'… "Access to Innovative New Drugs Is Crucial" [Biz Insight] The anti-cancer new drug market is drawing hundreds of trillions of won, and we have invited a key leader driving one side of it to talk with us. SBS Sep 17, 2026 10:54 PM

Fed Changes Course Despite Trump’s Opposition… What Is the Ripple Effect on South Korea’s Economy? As the Federal Reserve has changed direction toward raising interest rates despite Donald Trump's opposition, a considerable impact is also expected for South Korea. SBS Sep 17, 2026 10:25 PM

"Half the Price in Korea": Surge in Smuggled Diet Drugs Sparks Concern, Even Featuring Counterfeits Cases of people being caught attempting to bring obesity treatments such as Mounjaro or Wegovy into the country from abroad or via direct online purchases are surging. SBS Sep 17, 2026 10:25 PM

Government to Extend Grace Period for Actual Residency Obligation... Will Transactions for Homes with Tenants Increase? The government has decided to extend the grace period for the actual residency obligation applied when purchasing a house with a tenant in land transaction permission zones by another year, through the end of next year. SBS Sep 17, 2026 9:34 PM

Lee Chan-jin Stresses Need to Reflected Preventive Duties in Financial Consumer Protection Act; Restrictions on Minor Unsettled Trade Financial Supervisory Service Governor Lee Chan-jin stated at the National Report Meeting on Financial Consumer Protection Performance held at the main office in Yeouido on September 17, "Although we have prepared systems through guidelines in the short term, we need to supplement them so that consumer protection legislation is completed through legislation," adding that he will closely cooperate with the Financial Services Commission. SBS Sep 17, 2026 6:37 PM

Park Hong-keun Visits Market for Chuseok: "Will Look After Budget So Changes Can Be Felt" Minister of Planning and Budget Park Hong-keun visited the Jungang Market in Cheonan, South Chungcheong Province, on the 17th ahead of the Chuseok holiday, alongside the Ministry of SMEs and Startups and the Small Enterprise and Market Service, to explain the small business support projects included in the 2027 budget proposal, the Ministry of Planning and Budget announced. SBS Sep 17, 2026 5:26 PM

Treasury Yields Mixed, Short-Term Up Limitedly Amid Hawkish FOMC; 3-Year Yield at 4.063% Following the hawkish assessment of the U.S. Federal Open Market Committee meeting overnight, Korean treasury yields traded weak centered on short-term tenors in the morning. SBS Sep 17, 2026 5:23 PM

KOSPI Closes Slightly Lower Amid Fed's Hawkish Rate Hike; KOSDAQ Gains The KOSPI fluctuated and closed slightly lower on the 17th after the U.S. Federal Reserve raised its benchmark interest rate overnight and signaled additional hikes. SBS Sep 17, 2026 4:16 PM

Grace Period for Actual Residency Obligation in Land Transaction Permission Zones Extended Until Late Next Year The recognized grace period will also be expanded from current lease agreements to include renewed lease periods. SBS Sep 17, 2026 3:30 PM

Small Business Groups Push for Private Consultative Body with Delivery Platforms to Demand Fee Reforms The Korea Federation of Micro Enterprise, the National Federation of Merchants, the Korea Foodservice Industry Association, the Korea Franchise Association, and the National Café Owners Cooperative held a press conference on the afternoon of the 17th at the Korea Federation of SMEs in Yeongdeungpo-gu, Seoul, and announced a joint statement detailing these plans. SBS Sep 17, 2026 2:17 PM