SBS News

SME Wages Half of Large Firms, Contributing to Delayed Youth Employment The Korea Institute for Industrial Economics & Trade stated this in a report titled "Labor Market Dual Structure and Youth Employment: Focusing on the Wage Gap Between Large Corporations and SMEs," released today . SBS Jun 28, 2026 11:20 AM

Gas Prices Drop Below 1,900 Won for First Time in Two Months... "Further Declines Expected" If international oil prices continue their current trend of stability, domestic prices are expected to gradually normalize with a time lag of two to three weeks. SBS Jun 28, 2026 10:48 AM

Strait of Hormuz Blockade Eases: Only 3 South Korean Vessels Remain Tensions surrounding South Korean vessels stranded in the Strait of Hormuz due to the Middle East conflict are subsiding, as most ships have exited the strait following the ceasefire agreement between the United States and Iran. SBS Jun 28, 2026 10:15 AM

Korean Retail Investors Pivot from SpaceX to Semiconductor Stocks According to Seibro, the securities information portal of the Korea Securities Depository, on June 28, the most purchased stock by individual investors in the U.S. SBS Jun 28, 2026 9:57 AM

ETF Market Hits 500 Trillion Won, Surpassing KOSDAQ This historic golden cross occurred as the steady growth of ETFs coincided with a downturn in the KOSDAQ market this year. SBS Jun 28, 2026 9:41 AM

Construction Output Declines for 24 Consecutive Months, Longest Streak on Record According to the National Statistical Office's Korean Statistical Information Service and the National Assembly Budget Office's "Industry Trends & Issues" report on Sunday , construction output fell by 5.5% in April this year compared to the same month last year. SBS Jun 28, 2026 9:33 AM

Debt-Financed Investment Fever Persists: Outstanding Balance of Line-of-Credit Loans at Top 5 Banks Hits 43 Trillion Won Although banks have been scrambling to introduce management measures, they have been unable to curb the use of credit lines that have already been established. SBS Jun 28, 2026 9:28 AM

Privately Owned Homes in Seoul Increase by 200,000 Over 8 Years, 45% Owned by Non-Residents Over the past eight years, more than four out of every ten new privately owned homes in Seoul have been acquired by individuals residing outside the city. SBS Jun 28, 2026 9:25 AM

Comprehensive Real Estate Tax Increases for First Time in 3 Years; Potential for Further Surge Amid Speculation Curbs The comprehensive real estate tax imposed on housing has increased for the first time in three years. SBS Jun 28, 2026 9:25 AM

Kakao Union to Stage Collective Action on June 29 After Negotiations Fail The Kakao labor union will proceed with its planned "Logout Day" tomorrow, June 29, as members are set to take full-day leave or time off after failing to reach an agreement with management regarding the performance-based bonus system. SBS Jun 28, 2026 8:51 AM