SBS News

Minister Han Sung-sook Apologizes for Data Leak in Government Startup Project; Victims Remain Anxious A data breach has occurred in "Startup for All," a government-led entrepreneurship project, exposing the personal information of 5,000 successful applicants. SBS Jun 22, 2026 9:08 PM

SK Hynix Becomes New Market Cap Leader, KOSPI Hits Another Record High For the first time in 25 years, the "top stock" of the KOSPI has changed. SBS Jun 22, 2026 8:10 PM

Two South Korean Vessels Exit Strait of Hormuz, First Since Cease-Fire Agreement Following an agreement between the United States and Iran, two South Korean vessels have exited the Strait of Hormuz. SBS Jun 22, 2026 8:06 PM

Card Loan Balances Hit Record High of Over 43 Trillion Won in May Amid 'Family Month' Spending and Debt-Financed Investments The balance of card loans held by domestic credit card companies surpassed 43 trillion won last month, setting a new record high. SBS Jun 22, 2026 6:25 PM

Lee Chan-jin Regrets Approving Single-Stock Leverage ETFs: "I Should Have Stopped It" Financial Supervisory Service Governor Lee Chan-jin admitted that he regrets the introduction of single-stock leverage exchange-traded funds for Samsung Electronics and SK Hynix, effectively acknowledging a policy failure and stating that he is preparing safety measures for investors. SBS Jun 22, 2026 6:14 PM

KRX Chairman: 'Korea Discount' Significantly Resolved Jung Eun-bo, Chairman of the Korea Exchange , stated that he believes the "Korea discount" on the domestic stock market has been resolved to a significant degree. SBS Jun 22, 2026 6:12 PM

KCTU: Only 10 Main Negotiations Held Since 'Yellow Envelope Law' Enactment; Administrative Guidelines Cited as Obstacles The Korean Confederation of Trade Unions stated that 100 days have passed since the implementation of the Yellow Envelope Law, yet only 10 workplaces have entered into main negotiations with prime contractors. SBS Jun 22, 2026 5:09 PM

Labor Ministry: Ruling on Hanwha Ocean Subcontractor 'Consistent' with Guidelines The Ministry of Employment and Labor stated that the National Labor Relations Commission's recent decision recognizing Hanwha Ocean as an employer for the union of its in-house catering subcontractor, Weliv, does not contradict the ministry's existing interpretation guidelines on the "Yellow Envelope Act." During a press briefing held today to mark 100 days since the implementation of the Yellow Envelope Act, the Labor Ministry explained, "This case is an instance where the employer status of the prime contractor was recognized specifically regarding industrial safety and working environment issues," adding, "It does not conflict with our existing interpretation guidelines." Previously, the NLRC ruled in favor of the union on June 15 in a retrial regarding the public notice of a bargaining unit between Hanwha Ocean and the Weliv branch of the Korean Metal Workers' Union. SBS Jun 22, 2026 5:08 PM

Kospi Hits Another Record High to Close at 9,114 Amid Iran Negotiations The benchmark Korea Composite Stock Price Index rose slightly on Monday to close in the 9,100 range. SBS Jun 22, 2026 5:06 PM

100 Days of 'Yellow Envelope Act': 439 Principal Workplaces Face Bargaining Demands, Procedures Underway at 96 During the 100 days since the implementation of the Yellow Envelope Act, subcontractor unions have requested collective bargaining at 439 principal workplaces, with bargaining procedures underway at 96 sites, including voluntary negotiations and procedures to simplify bargaining channels. SBS Jun 22, 2026 5:00 PM