SBS News

Government: 99% of High Oil Price Support Funds Disbursed; 53% of First-Half Budget Execution Completed The government has assessed that it is on track to meet its first-half execution targets for public sector rapid budget disbursement and priority-managed budgets. SBS Jun 12, 2026 3:06 PM

Banks Ramp Up Efforts to Curb 'Debt-Financed Investing' with Stricter Loan Limits Financial institutions are rushing to implement countermeasures following concerns from financial authorities that excessive leveraged investing could increase stock market volatility and heighten financial risks for individual investors. SBS Jun 12, 2026 2:29 PM

Banks Tighten Credit Loans Amid 'Debt-Fueled Investment' Frenzy: Limit Capped at 100 Million Won As stock market volatility has recently increased, banks are tightening credit loans in response to a rise in so-called "debt-fueled investments." Analysts suggest that banks are taking preemptive measures following concerns from financial authorities that excessive leveraged investing could further amplify stock market volatility and increase financial risks for individual investors. SBS Jun 12, 2026 1:44 PM

[Editor's Pick] Government Issues SOS to Major Exporters: "Please Release Your Dollars" Reporter Han, the high exchange rate has been persisting for quite some time now. SBS Jun 12, 2026 1:32 PM

South Korea Partners with 4 Nations, Including UK and Australia, to Lead AI International Standards The Korean Agency for Technology and Standards under the Ministry of Trade, Industry and Energy announced on June 12 that it signed a Memorandum of Understanding on "Pre-standardization Cooperation for AI" with the national standards bodies of the four countries at the Shangri-La Hotel in Singapore on June 11. SBS Jun 12, 2026 1:19 PM

KOSPI Reclaims 8,000 Mark on Hopes for End of War; 13th Buy Sidecar of the Year Triggered The KOSPI has surged back above the 8,000-point mark, fueled by expectations that the conflict in the Middle East may be coming to an end. SBS Jun 12, 2026 12:08 PM

Gov't Drops 'Downside Economic Risks' but Warns of Middle East Uncertainty, Employment Slowdown However, it warned that the aftermath of the Middle East conflict could exacerbate difficulties in areas closely tied to public livelihoods, such as inflation and employment. SBS Jun 12, 2026 11:24 AM

Vice Labor Minister Convenes Emergency Meeting on Employment Situation: "Proactive Response to Employment Crisis" Kwon Chang-jun, Vice Minister of Employment and Labor, convened an emergency meeting on the employment situation on June 12, gathering the Ministry's Director General for Employment Policy and the heads of seven regional employment and labor offices. SBS Jun 12, 2026 11:23 AM

BOK Governor: "Focus on Price Stability... Raise Interest Rates Without Delay" "Growth, inflation, and financial stability conditions are pointing monetary policy relatively clearly in one direction," he said. SBS Jun 12, 2026 11:22 AM

Banks Tighten Credit Loans Amid Warnings Over 'Debt-Financed Investing' Banks are racing to implement countermeasures following concerns from financial authorities that excessive leveraged investing could increase stock market volatility and heighten financial risks for individual investors. SBS Jun 12, 2026 11:21 AM