SBS News

News Story 10-Minute Summary: The Collapse of the Nation's Second-Largest Hypermarket… Who Ruined Homeplus? Homeplus, once the second-largest hypermarket chain in South Korea with annual sales reaching 8 trillion won, is now effectively on the brink of liquidation. SBS Jul 7, 2026 10:02 PM

Even Nvidia Couldn't Reach It... "At This Rate, Samsung Electronics" Surprising Forecast Samsung Electronics has set another monumental record. Its preliminary operating profit for the second quarter reached 89.4 trillion won, meaning it earned more in just three months than it did in the past three years combined. SBS Jul 7, 2026 9:40 PM

"Free-to-Play Game, But Paid for PC Cafes?"... Backlash Over League of Legends Access Restrictions A conflict is brewing between PC cafe owners and the game developer over the paid service policy for the global hit game League of Legends. SBS Jul 7, 2026 9:40 PM

Record-Breaking 747.6 Billion Won Fine Imposed for Over 7 Years of Starch and Sweetener Price-Fixing Companies that colluded for over seven years to fix the prices of starch and starch sweeteners—ingredients used across industries ranging from food products like snacks and bread to steel and printing paper—have been hit with fines. SBS Jul 7, 2026 9:20 PM

Next-Generation Medium Satellite 4 Successfully Establishes Contact with Overseas Ground Station After Launch Next-Generation Medium Satellite 4 Successfully Establishes Contact with Oversea… SBS Jul 7, 2026 7:41 PM

Samsung Electronics' Stock Plummets Despite Outperforming Nvidia: Why? When quoting this interview, please accurately cite the program name, SBS "N… SBS Jul 7, 2026 7:31 PM

Ministry of Labor to Host Discussion on 'Excess Profit Sharing' Next Week, Formalizing Talks on Performance Bonuses The Ministry of Employment and Labor will hold a discussion session next week involving labor, management, and experts to address the issue of excess profit sharing, which has emerged following the conflict over performance bonuses at Samsung Electronics. SBS Jul 7, 2026 7:08 PM

Netizens Rally to Support Hansung Enterprise Amid Delisting Concerns, Sending Stock Soaring A grassroots movement of support has emerged online following news that the domestic seafood processing company Hansung Enterprise is facing the risk of delisting. SBS Jul 7, 2026 6:27 PM

Minimum Wage Proposals Narrow to 990 Won Gap: 11,450 Won vs. 10,460 Won Labor and management representatives, currently negotiating the minimum wage for next year, presented their sixth revised proposals of 11,450 won and 10,460 won per hour, respectively, during the 12th plenary session of the Minimum Wage Commission held at the Government Complex Sejong today . SBS Jul 7, 2026 6:12 PM

Samsung Electronics to Dispose of 344.5 Billion Won in Treasury Shares for Employee Bonuses Samsung Electronics announced today that it plans to dispose of 1,083,434 treasury shares on July 8 to provide stock-based compensation in accordance with this year's labor-management agreement. SBS Jul 7, 2026 6:11 PM