SBS News

KOSPI Edges Up 0.6% After Volatile Session; Foreigners Net Buy for Second Day In the Seoul foreign exchange market, the won-dollar exchange rate closed at 1,506.1 won, up 7.6 won from the previous day's closing price at 3:30 p.m. SBS Jul 9, 2026 4:41 PM

Soldiers Falling Into Debt After Taking Out High-Interest Loans The number of active-duty soldiers falling into debt after taking out credit loans from private lending companies is surging. SBS Jul 9, 2026 4:35 PM

Warning Against 'Historical Low PER' Investments: Why Big Tech ROI Concerns Are Rising Securities firms are advising caution against increasing holdings in semiconductor giants Samsung Electronics and SK Hynix, despite their valuations—the stock price relative to earnings—dropping to historical lows following recent sharp declines in share prices. SBS Jul 9, 2026 4:16 PM

Labor Minister Holds Meeting with Youth: "We Will Create Policies That You Can Truly Feel" Minister of Employment and Labor Kim Young-hoon held a meeting with young people today at the "Youth Cafe" in Sillim-dong, Gwanak-gu, Seoul. SBS Jul 9, 2026 3:54 PM

Apartment Prices Rise Further in Guri and Giheung Amid Late Buying Demand According to the Korea Real Estate Board on July 8, apartment prices in Guri rose by 0.64 percent in the first week of July compared to the previous week, based on data as of July 6. SBS Jul 9, 2026 3:52 PM

Ministry of Trade, Industry and Energy Accelerates Development of Renewable Energy Self-Sufficient Cities; Plans Power Supply Models According to the KONEPS (Korea ON-line E-Procurement System) on July 9, the Ministry announced a research project titled "Study on Establishing Power Models for Renewable Energy Self-Sufficient Cities" on the same day. SBS Jul 9, 2026 3:36 PM

Household Loans Surge by 7.6 Trillion Won... Driven by Home Purchases and Investments Household loans from the banking sector have seen a significant increase for two consecutive months. SBS Jul 9, 2026 12:18 PM

BOK Governor: "Significant Potential for Won to Strengthen" Bank of Korea Governor Shin Hyun-song stated today , "I believe there is significant potential for the Korean won to shift toward a stronger trend." Governor Shin made the remarks during a plenary session of the National Assembly's Strategy and Finance Committee this morning in response to a related question from Democratic Party of Korea lawmaker Moon Jin-seok, noting, "The current account surplus is accumulating to a very large extent." Regarding a currency swap between South Korea and the United States, he said, "There are consultations between governments, and discussions are always taking place within the framework of cooperation between central banks," adding, "Such a mechanism would likely have a significantly positive impact, both symbolically and psychologically." However, he drew a line by stating, " is a mechanism intended to provide liquidity when it is exhausted," and added, "In the current situation, there is no shortage of liquidity." Regarding the recent factors driving the rise in the exchange rate, he said, "The dollar is strong due to the possibility of changes in U.S. SBS Jul 9, 2026 11:40 AM

Apartment Move-in Outlook for July Rebounds Amid Rising Home Prices and Stock Market Gains The Korea Housing Institute announced on July 9 that, based on a survey of housing developers, the national apartment move-in outlook index for this month reached 97.5, up 12.9 points from the previous month. SBS Jul 9, 2026 11:28 AM

KOSPI Recovers to 7,300 Level, KOSDAQ Reclaims 800 Mark The KOSPI is moderating its gains on the 9th after opening higher, shaking off two consecutive days of sharp declines. SBS Jul 9, 2026 11:23 AM