SBS News

Trump Says Iran Will Use Unfrozen Funds to Buy U.S. Agricultural Products President Donald Trump focused on appeasing the agricultural sector, stating that Iran will be required to use funds that are set to be unfrozen to purchase U.S. SBS Jun 26, 2026 10:52 AM

Iran Pushes to Impose 'Service Fees' in Strait of Hormuz; Potential $40 Billion Annual Revenue Mohammad Bagher Ghalibaf, speaker of the Iranian Parliament and former head of the negotiating team, stated during his visit to Oman on June 25 that "the management regime of the Strait of Hormuz will never return to its pre-war state." It is reported that Iran is looking to the example of Turkey, which charges service fees to vessels passing through the Dardanelles, an international waterway. SBS Jun 26, 2026 10:01 AM

U.S. Corporate Profit Margins Hit Highest Level Since 1940s, Reigniting 'Excess Profit' Debate non-financial corporations As U.S. corporate profit margins soar to their highest levels since the period immediately following World War II, the debate over "excess profits"—a concern first raised by the Harry Truman administration some 80 years ago—is being reignited. SBS Jun 26, 2026 10:00 AM

No Korean Casualties Reported After Powerful Earthquake in Venezuela; "Solid Ground Spared Residents" According to the Venezuelan government, as of the afternoon of June 25 , the death toll from the earthquake has reached 188, with 1,520 people injured. SBS Jun 26, 2026 9:46 AM

Iranian Hacker Who Caused $3.4 Billion in Damages to U.S. Institutions Arrested in Montenegro Montenegrin police announced that they apprehended a 39-year-old man, who holds dual citizenship in Iran and Turkey, in the coastal city of Kotor in cooperation with the U.S. SBS Jun 26, 2026 9:21 AM

Allianz CIO: SpaceX Bond Issuance Is a Sign of Market Bubble Speaking at the Financial Times Global Insurance Summit on June 25 , Subran stated that SpaceX raising funds by issuing bonds so quickly after a massive stock issuance is a "good example of moving from a healthy boom, an overheated boom, into bubble territory." He pointed out that if SpaceX were to incur billions of dollars in losses, bond investors would be far less forgiving than equity investors. SBS Jun 26, 2026 9:21 AM

Iran Pushes for 'Service Fees' in Strait of Hormuz; Potential $40 Billion Annual Revenue Mohammad Bagher Ghalibaf, Speaker of the Iranian Parliament and former head of the negotiating team, stated during a visit to Oman on the same day that "the management system of the Strait of Hormuz will never return to its pre-war state." It is reported that Iran is referencing the case of Turkey, which charges service fees to vessels passing through the Dardanelles, an international waterway. SBS Jun 26, 2026 9:20 AM

Strict on Haiti, Lenient on Japan? FIFA Urged to Address Rising Sun Flag Controversy Seo Kyoung-duk, a professor at Sungshin Women's University, announced today that he has sent a second letter of protest to FIFA regarding Japanese supporters unfurling the Rising Sun Flag during the Japan vs. SBS Jun 26, 2026 9:17 AM

Giraffe Escapes Texas Ranch, Remains Missing After 2 Weeks Despite Towering Height The three-year-old giraffe, named Gracie, escaped from her enclosure at a ranch in Real County, located in the Texas Hill Country region, about two weeks ago. SBS Jun 26, 2026 9:17 AM

Death Toll Reaches 188 with 1,520 Injured; Casualties Expected to Rise The death toll from the powerful earthquake that struck Venezuela has risen to 188. SBS Jun 26, 2026 8:56 AM