SBS News

Government Denies Rumors of Mandating Profit-Sharing for Samsung and SK Hynix A post has been spreading rapidly across anonymous online communities for office workers recently. SBS Jul 1, 2026 11:02 AM

20s and 30s Rush to Max Out Loans for Homes Despite Regulations Since the real estate measures on June 27 of last year, there has been a significant increase in the proportion of people in their 20s and 30s taking out loans close to the maximum limit of 600 million won for mortgage loans in the metropolitan area and regulated regions. SBS Jul 1, 2026 10:33 AM

Hyundai Motor Opens 'Suwon Hi-Tech Center,' Largest Maintenance Hub in Southern Gyeonggi Hyundai Motor Company has opened the 'Suwon Hi-Tech Center,' the largest maintenance hub in the southern Gyeonggi region. SBS Jul 1, 2026 10:29 AM

First Forecast of 4% Growth Emerges for This Year: What Is Behind the Upward Revision? A forecast that the South Korean economy could grow by 4 percent this year has emerged for the first time. SBS Jul 1, 2026 10:28 AM

Postal Rates Raised for First Time in 5 Years; Letters to Cost 500 Won Starting July ▲ Mailbox Postal rates have been raised for the first time in five years. Starti… SBS Jul 1, 2026 10:24 AM

June Exports Exceed $100 Billion for First Time, Ranking 4th Globally The Ministry of Trade, Industry and Energy announced that exports in June reached $102.25 billion, a 70.9% increase compared to the same month last year. SBS Jul 1, 2026 10:11 AM

KOSPI Mixed in Early Trading Around 8,400; KOSDAQ Rises Over 2% The KOSPI is showing a mixed trend in the 8,400 range on July 1, as foreign investors continued their selling streak for the ninth consecutive session. SBS Jul 1, 2026 10:04 AM

Labor Ministry Denies Rumors of 'Nullification of Performance Bonus Agreements' at Samsung Electronics and SK Hynix The Ministry of Employment and Labor completely denied allegations spreading online today that the government sent official letters to Samsung Electronics and SK Hynix demanding the nullification of existing performance bonus agreements for a "semiconductor excess profit-sharing system." The Labor Ministry labeled these claims as "false information" and warned that it would take strong action against the malicious spread of such rumors. SBS Jul 1, 2026 9:52 AM

June Exports Reach $102.2 Billion, Making South Korea Fourth Country to Surpass $100 Billion Monthly Driven by the flagship semiconductor sector, which posted over $40 billion in performance, the country also saw its trade surplus exceed $30 billion for the first time, achieving remarkable results in both volume and quality. SBS Jul 1, 2026 9:48 AM

June Exports Reach $102.2 Billion, Surpassing $100 Billion for the First Time Semiconductors, a key export item, led the overall performance with over $40 billion in sales, while the trade surplus also exceeded $30 billion for the first time. SBS Jul 1, 2026 9:31 AM