SBS News

Starbucks App New Installs Halve in Two Weeks; Payment Volume Remains Stagnant During the same period, estimated payment amounts via credit and check cards remained at levels similar to the previous week, showing no clear signs of recovery. SBS Jun 24, 2026 2:42 PM

New K-Semiconductor Hubs Planned for Honam and Chungcheong Regions... Investment Plans Nearing Completion The new clusters are expected to involve investments of hundreds of trillions of won in regions such as Honam and Chungcheong, establishing a semiconductor ecosystem that encompasses not only back-end processes but also front-end processes. SBS Jun 24, 2026 2:28 PM

Fair Trade Commission Launches On-Site Investigation into Hanwha Group Over Suspected Unfair Internal Brand Royalty Transactions According to industry sources, the KFTC began on-site investigations on Tuesday at multiple affiliates, including Hanwha, the group's de facto holding company, as well as Hanwha Solutions, Hanwha Life, and Hanwha General Insurance. SBS Jun 24, 2026 2:18 PM

Number of People Moving to New Neighborhoods in May Hits 52-Year Low Due to Housing Shortage According to the "Domestic Migration Statistics for May 2026" released by the National Data Agency today , the number of people who moved across town, township, or district boundaries based on residential transfer reports was 466,000 last month, a decrease of 7,000 or 1.5% compared to the same month last year. SBS Jun 24, 2026 2:11 PM

FIU Warns Investors: "Only 28 Registered Crypto Exchanges Are Legal, All Others Are Illegal" The FIU announced today that illegal virtual asset operators—those not registered under the Act on Reporting and Using Specified Financial Transaction Information—are spreading through platforms such as YouTube, Telegram, and open chat rooms. SBS Jun 24, 2026 2:10 PM

Ministry of Oceans and Fisheries Suspends Hairtail Fishing Ban This Year to Stabilize Food Prices The Ministry stated on Wednesday that the decision was made following deliberations by the Central Fisheries Coordination Committee, which held its third meeting of the year. SBS Jun 24, 2026 11:46 AM

BOK: Number of SMEs with Delinquent Loans Increases 2.6-Fold in 10 Years; Risk Management Needed for SMEs and Service Sector The Bank of Korea has assessed that risk management is necessary as non-performing loans are rapidly increasing, particularly among small and medium-sized enterprises and the service sector, amid recent rises in market interest rates and exchange rates. SBS Jun 24, 2026 11:38 AM

Illegal Distribution of Imported Plants to Face Prison or Fines Under Amended Plant Quarantine Act The amendment will take effect on December 17. The government has strengthened existing regulations, which previously only penalized importers of prohibited items, to now include those who transfer or distribute such illegally imported goods within the country. SBS Jun 24, 2026 11:37 AM

Bank of Korea: "Rising Jeonse and Monthly Rent Burdens for Non-Homeowning Households Require Support for Vulnerable Groups" In its Financial Stability Report released today , the Bank of Korea analyzed that "while the Rent-to-Income Ratio for tenant households in the Seoul metropolitan area significantly exceeds that of non-metropolitan areas, the average interest payments for non-homeowning households in the capital region are also showing a steep upward trend." The BOK emphasized, "Although non-homeowning households generally have a lower burden of debt repayment, their housing cost burden is rising due to factors such as the increase in jeonse and monthly rent prices in the Seoul metropolitan area. SBS Jun 24, 2026 11:32 AM

Bank of Korea Warns of Financial Instability Risks Due to Rising Housing Prices and Debt-Financed Investing The Bank of Korea has issued a warning that rising housing prices, particularly in the Seoul metropolitan area, and an increase in "debt-financed investing" (borrowing to invest in stocks) amid a strong stock market could threaten financial stability. SBS Jun 24, 2026 11:28 AM