SBS News

Banks Prohibited From Including Legal Costs in Loan Interest Rates Starting Next Month Starting next month, banks will be prohibited from including various statutory contributions when calculating loan interest rates, a move expected to ease the interest burden on borrowers. SBS Jun 29, 2026 12:56 PM

Semiconductor and AI Boost: Q3 Manufacturing Outlook Improves Slightly According to the Business Survey Index for the third quarter of 2026, released by the Korea Chamber of Commerce and Industry on June 29 after surveying 2,470 manufacturing firms nationwide, the manufacturing BSI stood at 80, up 4 points from the previous quarter . SBS Jun 29, 2026 12:55 PM

Kakao Union Stages One-Day Walkout, Over 2,100 Employees Participate The Kakao labor union launched a one-day collective action on June 29, with members taking full-day leave, after failing to reach an agreement with management over performance-based compensation systems. SBS Jun 29, 2026 10:52 AM

Homeplus Submits Revised Rehabilitation Plan, Targeting 1.2 Trillion Won in Cost Savings Homeplus, which entered rehabilitation proceedings in March of last year, reorganized its 126 hypermarkets into 67 core locations last month. SBS Jun 29, 2026 10:52 AM

KOSPI Volatility Index Soars to New High Since Financial Crisis The KOSPI 200 Volatility Index , often referred to as the Korean fear index, surged to another record high on June 29. SBS Jun 29, 2026 10:51 AM

Sidecar Triggered on KOSDAQ Following Sharp Surge A sidecar, which temporarily suspends program buy orders, was triggered on the KOSDAQ market on June 29 following a sharp surge in the index. SBS Jun 29, 2026 10:50 AM

Kakao Union Demands 10 Million Won Bonus, Stages One-Day Walkout The Kakao labor union is staging a one-day collective action today by taking full-day leave, following the rejection of their demand for performance bonuses equivalent to 13 percent of the company's operating profit. SBS Jun 29, 2026 10:39 AM

Number of Stay-at-Home Husbands Hits Record High of 270,000 The number of stay-at-home husbands has reached an all-time high. In the first quarter of this year, the number of men not participating in economic activities due to childcare or housework stood at 274,000, an increase of 16.6% compared to a year ago. SBS Jun 29, 2026 10:27 AM

Kakao Union Stages 'Logout Day' Strike; Services Remain Operational The labor union of Kakao has entered a full-day work stoppage today . The union held a "Logout Day," during which members took a day of annual leave or time off and logged out of the company's internal work systems. SBS Jun 29, 2026 10:25 AM

KOSDAQ Surge Triggers Buy Sidecar A buy sidecar, which temporarily suspends program trading, was triggered today as the KOSDAQ index surged. SBS Jun 29, 2026 10:24 AM