SBS News

US Appeals Court Keeps '10% Global Tariff' in Effect During Appeal President Donald Trump The "10% global tariff" imposed by U.S. President Donald Trump to replace reciprocal tariffs previously ruled illegal by a court is expected to remain in effect until its scheduled expiration in late July. SBS Jun 12, 2026 9:29 AM

SpaceX Confirms IPO Price at $135, Set for Record-Breaking Listing This confirms the preliminary offering price that was previously announced. While companies typically present a price range ahead of an IPO, SpaceX took the unusual step of fixing the preliminary price at $135 per share from the start. SBS Jun 12, 2026 9:27 AM

Institutional Capital Floods into SpaceX IPO; BlackRock Places $5 Billion Bid aerospace company SpaceX has received multi-trillion won bids for its initial public offering from major asset managers, including BlackRock, the Wall Street Journal reported on June 11 , citing sources familiar with the matter. SBS Jun 12, 2026 9:27 AM

CBS News: U.S.-Iran 'End-of-War MOU' Could Be Signed Early Next Week The United States and Iran are increasingly likely to sign a memorandum of understanding or a letter of intent to end the war early next week, CBS News reported on June 11 . SBS Jun 12, 2026 9:24 AM

Musk's Best Friend Gracias Hits $75 Billion Jackpot as SpaceX's Second-Largest Shareholder aerospace company SpaceX ahead of its upcoming initial public offering are drawing renewed attention as they reap astronomical wealth. SBS Jun 12, 2026 9:23 AM

Trump Says "Great Deal" Reached with Iran, Signing Ceremony Likely in Europe This Weekend U.S. President Donald Trump has abruptly called off a planned strike on Iran, stating that a "great deal" has been reached and only the final documentation remains. SBS Jun 12, 2026 8:46 AM

US, Iran Pivot Sharply Toward Deal Amid Crisis: Can They Overcome the 'Devil in the Details'? President Donald Trump speaks in the Oval Office of the White House in Washington on June 10 . SBS Jun 12, 2026 8:18 AM

Camera Plummets During Soccer Match After Emitting Smoke Mid-Air Will the North and Central America World Cup be okay? A friendly soccer match between Hungary and Kazakhstan nearly turned into a major accident due to a camera. SBS Jun 12, 2026 8:16 AM

Car Crashes in Reverse, Shattering Shutter to Rob Currency Exchange In the dead of night, a vehicle speeds in reverse toward a building. With a loud crash, the metal shutter collapses, and men with their faces covered by hoodies and masks quickly rush inside. SBS Jun 12, 2026 8:15 AM

Controversy Erupts Over Video of Child's Face Being Forced Into Cake Is this really how you celebrate a birthday? A video from Japan showing a woman forcibly pushing a child's face into a cake has gone viral, sparking widespread controversy. SBS Jun 12, 2026 8:14 AM