SBS News

KOSPI Plummets 8.95% to Close at 6,806, Falling Below 7,000 Milestone The KOSPI has plummeted by approximately 9%, falling below the 7,000-point mark. SBS Jul 13, 2026 5:48 PM

'Black Monday' as Samsung and SK Hynix Plummet: Sell or Hold? Investors Face Tough Choices When quoting this interview, please accurately cite the program name, SBS "Joo Young-jin's News Briefing." Copyright belongs to SBS. SBS Jul 13, 2026 5:40 PM

Labor Minister Proposes 'K-Labor Chamber' for Workers Without Union Representation Minister of Employment and Labor Kim Young-hoon announced today , "I propose the establishment of a 'K-Labor Chamber' as an organization to represent the interests of diverse workers who are unable to form labor unions, so that they can live together." Minister Kim made the proposal during the National Fiscal Strategy Meeting presided over by President Lee Jae-myung at the Presidential Office, explaining that it is "the first step toward expanding the social safety net, which was built around traditional employment relationships, into a 'social safety mat for all who work'." The plan involves first enacting a 'Basic Act on the Rights of Workers' to guarantee the rights of all labor providers, including platform workers and freelancers. SBS Jul 13, 2026 5:29 PM

Samsung Electronics Union: "84% of Members Oppose Honam Semiconductor Project; Will Push as 2027 Negotiation Agenda" The union argues that since the implementation of the revised Trade Union and Labor Relations Adjustment Act (the so-called Yellow Envelope Act), business decisions that affect the working conditions of union members have become subjects for negotiation, and therefore, the union's opinions must be reflected in the project's implementation process. SBS Jul 13, 2026 5:09 PM

Won-Dollar Exchange Rate Rises Slightly Amid Middle East Tensions and Hynix Dollar Supply Expectations The won-dollar exchange rate closed slightly higher as safe-haven demand increased due to geopolitical risks in the Middle East. SBS Jul 13, 2026 4:48 PM

Korean Air Operating Profit Drops 34% Due to Fuel Costs; Cargo Business Remains Strong This marks the highest revenue ever recorded for a second quarter. Operating profit for the second quarter fell by 34.4% to 261.8 billion won, largely due to a significant increase in fuel costs. SBS Jul 13, 2026 4:35 PM

Homeplus Suspends Hypermarket Operations Starting Today Due to Depleted Funds Homeplus is temporarily suspending its hypermarket operations starting today, July 13, due to a depletion of operating funds and an inability to cover store maintenance costs. SBS Jul 13, 2026 4:34 PM

KORAIL and SR to Merge Membership Systems Ahead of New Integrated App Launch To facilitate this, a dedicated website for integrated membership conversion will be operational starting tomorrow, July 14. SBS Jul 13, 2026 4:31 PM

Union Declares Opposition to 'Honam Project,' Vows to Bring It to Bargaining Table Citing 'Yellow Envelope Act' The Samsung Electronics branch of the Samsung Group Super-Enterprise Labor Union has announced that 84% of its members oppose the government's semiconductor project in the Honam region, warning that it will address the matter in next year's collective bargaining. SBS Jul 13, 2026 4:22 PM

Exclusive: HMM's Namu Ship Repairs Completed After Hormuz Strike; Passage Plan Underway The HMM container ship Namu, which was struck by an Iranian missile in the Strait of Hormuz, completed repairs yesterday and is currently establishing a plan for passage, it has been confirmed. SBS Jul 13, 2026 4:01 PM