SBS News

Mirae Asset CEOs Apologize to Customers Over 'Zero Allocation' of SpaceX IPO Shares, Consider Financial Compensation Mirae Asset Securities' co-CEOs, Vice Chairmen Kim Mi-sup and Hur Sun-ho, have issued an official apology and begun reviewing "financial compensation" following the incident where Korean investors received zero shares in the initial public offering of SpaceX, which was expected to be the largest in history. SBS Jun 16, 2026 4:54 PM

KOSPI Closes at 8,726, Up 2.1%… Foreigners Net Buy for Third Consecutive Day The KOSPI continued its upward trend today , closing in the low 8,700 range. The KOSPI finished the trading session at 8,726.60, up 180.62 points . SBS Jun 16, 2026 4:49 PM

Won-Dollar Exchange Rate Closes at 1,511.6 Won, Up 0.5 Won Amid Foreign Buying and Risk-On Sentiment The won-dollar exchange rate remained near a slight upward trend due to a recovery in risk-on sentiment and net buying by foreign investors, despite differences in perception regarding transit fees in the Strait of Hormuz. SBS Jun 16, 2026 4:42 PM

Government Receives 381.3 Billion Won Request for 2027 Participatory Budgeting, a 12.8-Fold Increase in One Year According to the Ministry, this represents a 2.9-fold increase in the number of projects and a 12.8-fold increase in the requested budget compared to this year. SBS Jun 16, 2026 4:11 PM

[Subtitle News] Bank of Japan Raises Key Interest Rate to 1%... "Highest in 31 Years," Will Global 'Domino Rate Hikes' Resume? The Bank of Japan , the country's central bank, has raised its key interest rate for the first time in six months. SBS Jun 16, 2026 3:43 PM

SK Group Market Cap Surpasses 2 Quadrillion Won, Driven by SK Hynix Rally According to the Korea Exchange, the combined market cap of the 19 listed companies under SK Group reached 2.015935 quadrillion won as of 2:34 p.m. SBS Jun 16, 2026 3:09 PM

Samsung Compliance Chief: Semiconductor Regional Investment Must Not Be Swayed by Political Logic Lee Chan-hee, Chairman of the Samsung Compliance Committee, stated regarding the review of semiconductor plant investments in the Honam and Chungcheong regions that he would "closely monitor the situation to ensure it is not swayed by political logic, without considering corporate sustainability and the impact on the national economy." Ahead of the 4th regular meeting of the Compliance Committee held at the Samsung Life Insurance building in Seocho-gu, Seoul, this afternoon , Chairman Lee was asked by reporters whether regional semiconductor investment was a matter for the committee to review. SBS Jun 16, 2026 2:24 PM

Consumer Alert Issued Over Used Car Loan Scams Involving Fake Job Offers and Government Subsidies The measure comes in response to numerous complaints regarding schemes that lure victims into taking out excessive loans under the guise of government support programs or job offers, only for the perpetrators to steal the loan proceeds and disappear. SBS Jun 16, 2026 1:58 PM

Money Supply Grows by 25.3 Trillion Won in April, Driven by Semiconductor Firm Deposits and Investment Funds According to the "Money and Liquidity" statistics released by the Bank of Korea on June 16, the average broad money supply in April reached 4,153.9 trillion won, an increase of 25.3 trillion won from the previous month. SBS Jun 16, 2026 1:54 PM

Reward Cap for Reporting Illegal Construction Subcontracting Abolished, Up from 2 Million Won The Ministry of Land, Infrastructure and Transport announced that a partial amendment to the Enforcement Decree of the Framework Act on the Construction Industry, which includes these measures, was approved at a Cabinet meeting today . SBS Jun 16, 2026 1:51 PM