SBS News

SK Hynix Enters Nasdaq: CEO Kwak Noh-Jung Says, "Wherever AI Goes, SK Hynix Will Be There" SK Hynix CEO Kwak Noh-Jung stated today regarding the listing of SK Hynix American Depositary Receipts on the Nasdaq that the company has "come to the Nasdaq market to open a new door for investors around the world." CEO Kwak also presented a blueprint for the AI era, saying, "AI will be everywhere, and wherever AI goes, SK Hynix will be there with it." In his speech at the opening bell ceremony held at the Nasdaq MarketSite in Times Square, New York, on this day, CEO Kwak said, "We are pleased to have a broader global investor community join us on our journey." CEO Kwak attached significance to the ADR listing, noting that it has further enhanced connectivity with the next-generation computing ecosystem being built in the United States, the global hub of artificial intelligence . SBS Jul 10, 2026 11:36 PM

SK Hynix Raises 40 Trillion Won via ADR: What Does It Mean for the Korean Stock Market? SK Hynix is entering the U.S. Nasdaq market tonight, July 10. With the company set to raise approximately 40 trillion won, we will explore the significance of this U.S. SBS Jul 10, 2026 11:26 PM

Massive Taegeukgi Lights Up the Heart of New York: "Thanks to SK Hynix" According to industry sources on July 10, lights forming the shape of the Taegeukgi were illuminated at the top of the 270 Park Avenue building in Manhattan, New York, on the evening of July 9 . SBS Jul 10, 2026 8:49 PM

JoongAng Ilbo Begins Workout Process Following Creditor Approval Financial creditors, including the main creditor bank Hana Bank, held their first meeting today and reached an agreement to initiate the workout through a written resolution. SBS Jul 10, 2026 8:11 PM

IKEA Addresses Allegations of Demoting Employee After Parental Leave; Union Claims Forced Restructuring The labor union has called for an immediate halt to restructuring and the withdrawal of attempts to force job reassignments. SBS Jul 10, 2026 7:16 PM

KOSPI Report That Predicted Market Peak Gains Attention as "Must-Visit" Post As the KOSPI has recently seen a sharp decline, a brokerage report that predicted this trend two months ago is drawing significant attention. SBS Jul 10, 2026 7:10 PM

Seosomun Overpass Demolition Complete; Vehicle Traffic to Resume at Level Crossing on July 11 The Ministry of Land, Infrastructure and Transport announced today that the demolition of the Seosomun Overpass has been completed and that vehicle traffic at the level crossing will resume starting at 12:00 a.m. SBS Jul 10, 2026 7:02 PM

JoongAng Ilbo Begins Workout Process, Plans Sale of Management Rights According to the financial sector, financial creditors, including the main creditor bank Hana Bank, held their first meeting today and agreed to initiate the workout process through a written resolution. SBS Jul 10, 2026 7:01 PM

The U.S. Coupang Report Claiming "South Korea Lied": What 308 Footnotes Reveal "South Korea lied. A U.S. citizen was threatened." A so-called "Coupang Report" released by Republican staffers in the U.S. SBS Jul 10, 2026 6:44 PM

Korea-U.S. Shipbuilding Cooperation Center to Open: Will 'MASGA' Partnership Gain Momentum? Shipbuilding Partnership Initiative Memorandum of Understanding at the U.S. Department of Commerce in Washington, D.C., on May 8. SBS Jul 10, 2026 6:19 PM