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Record Exports, Yet Record-High Exchange Rate: Why Is the Won Falling? Despite record-high exports leading to an increased inflow of foreign currency, the exchange rate is actually rising. SBS Jul 1, 2026 11:02 PM
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Monthly Exports Exceed $100 Billion for First Time, Led by Semiconductors Last month, South Korea's monthly exports surpassed $100 billion for the first time in history. SBS Jul 1, 2026 9:52 PM
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South Korea's Top 5 Automakers See 0.9% Rise in June Global Sales; Kia Gains While Hyundai Declines The combined global sales of South Korea's five major automakers saw a slight increase in June. SBS Jul 1, 2026 6:26 PM
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"Since When Did Analysts Become Fortune Tellers?" NPS Chief Dismisses '74 Trillion Won Sell-off' Rumors The chairman of the National Pension Service has personally stepped in to address concerns over a potential "selling bomb" as the pension fund resumes rebalancing its domestic stock holdings starting this month. SBS Jul 1, 2026 5:20 PM
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"Is This Fair Competition?" Google Faces Up to 850 Billion Won Fine in Repeat Antitrust Case Google is set to face a review by the Korea Fair Trade Commission over allegations of engaging in unfair business practices by exploiting its dominant position in the app market. SBS Jul 1, 2026 5:14 PM
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Land Minister: "Building AI Innovation Ecosystem Based on Autonomous Driving Test Cities" Minister of Land, Infrastructure and Transport Kim Yoon-duck held a meeting with domestic experts in autonomous driving artificial intelligence at the Government Complex Sejong today to discuss plans for building an innovation ecosystem for autonomous driving AI. SBS Jul 1, 2026 5:06 PM
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Forced Stock Liquidations by Retail Investors Exceed 1.1 Trillion Won in June, Highest This Year Forced stock liquidations, which occur when retail investors fail to repay money borrowed from securities firms, exceeded 1 trillion won during the month of June. SBS Jul 1, 2026 4:55 PM
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Tesla Raises Prices by Up to 7 Million Won Just One Day After Subsidy Approval U.S. electric vehicle manufacturer Tesla has raised the domestic sales prices of its vehicles by up to 7 million won starting today. SBS Jul 1, 2026 4:27 PM
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Kia Sets All-Time First-Half Sales Record with 1.63 Million Vehicles On July 1, Kia announced that it sold a total of 1,630,988 vehicles from January to June this year, with 296,479 sold domestically and 1,334,509 sold overseas. SBS Jul 1, 2026 4:23 PM
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Won-Dollar Exchange Rate Hits 1,550 for First Time in 17 Years; Bank of Korea Maintains Stance on Stability The won-dollar exchange rate has surged past the 1,550 mark, reaching its highest level in 17 years, yet the Bank of Korea maintains that its foreign exchange reserves are sufficient to withstand external shocks. SBS Jul 1, 2026 4:14 PM
