SBS NEWS

Micron Closes In on SK Hynix for 2nd Place in Q2 DRAM Market According to market research firm Counterpoint Research on October 2, Samsung Electronics ranked first in the second-quarter DRAM market share by revenue at 38%. SBS Oct 2, 2026 11:47 AM

Samsung Electronics Completes Planned Share Buybacks, Expected to Purchase 3 Million More Shares with Remaining 900 Billion Won Samsung Electronics has completed purchasing its planned volume of treasury shares. SBS Oct 2, 2026 11:28 AM

September Consumer Prices Rise 2.9% Driven by Oil, Processed Foods, and IT Devices While agricultural product prices dropped due to increased fruit shipments for the Chuseok holiday combined with government discount support, the upward trend in livestock and fishery product prices expanded. SBS Oct 2, 2026 10:56 AM

Some Financial Services, Including Loans and Card Loans, Suspended Early on October 5 Due to "System Overhaul" New applications, renewals, and extensions for credit products—including loans, leases, installment financing, credit cards, and card loans—will be temporarily halted. SBS Oct 2, 2026 10:33 AM

FSS Warns of Firm Action, Expulsion for Illegal Acts by Private Asset Managers The FSS held an information session for chief executive officers of private asset managers at its main office in Yeouido, Seoul, this morning , briefing some 170 attendees, including CEOs of newly established private asset management firms, on major cases of regulatory violations. SBS Oct 2, 2026 10:23 AM

Ministry of Finance and Economy to Improve Recurring National Assembly Audit Issues, Including Tax Revenue Estimation Accuracy The Ministry of Finance and Economy announced today that it is working to improve issues frequently pointed out during National Assembly audits, such as enhancing the accuracy of tax revenue estimations and resolving unauthorized occupation of state-owned land. SBS Oct 2, 2026 10:22 AM

FTC Operates Unpaid Subcontract Fee Centers, Inducing Payment of 28.9 Billion Won The centers were operated across 12 locations, including six regional offices of the FTC, from August 5 to September 23. SBS Oct 2, 2026 10:20 AM

Trade Chief Asks USTR Representative to Respect 15% Tariff Agreement at G20 Park Jung-sung, Minister for Trade at the Ministry of Trade, Industry and Energy, attended the Group of 20 Trade Ministers' Meeting held in Milwaukee, Wisconsin, USA, where he emphasized international cooperation to address global overproduction and stabilize supply chains. SBS Oct 2, 2026 9:33 AM

BOK Expects October Inflation to Remain High at Around 3% The Bank of Korea has assessed that although September's consumer price inflation rate slowed down to the 2% range, the underlying upward pressure on prices actually expanded. SBS Oct 2, 2026 9:32 AM

Second Round of Applications for Youth Future Savings Account to Open From October 7 to 16 Here is the final, useful news. It is the second round of applications for the youth savings account. SBS Oct 2, 2026 9:20 AM