SBS News

U.S. and Iran Clash Again, Freezing the Strait of Hormuz The United States and Iran have exchanged military strikes once again. This marks the fourth clash in just one week, with military confrontations occurring for two consecutive days, leaving the Strait of Hormuz in a state of deep freeze. SBS Jul 13, 2026 5:44 PM

Mitsubishi UFJ Becomes Japan's Top Market Cap Company, First Bank to Reach No. 1 in 40 Years This marks the first time in 40 years, since the era of the bubble economy, that a financial institution has held the number one position in market capitalization. SBS Jul 13, 2026 5:29 PM

Japanese Parents Alarmed by 'Tumbler Terror' Involving Contaminated Drinks at Elementary Schools Authorities in Japan are stepping up security measures following a series of incidents where detergents, sleeping pills, and other substances were found in students' tumblers at elementary schools. SBS Jul 13, 2026 5:21 PM

Repairs Completed on HMM Namu-ho After Attack in Strait of Hormuz; Departure Remains Uncertain According to the government on July 13, repair work on the Namu-ho, currently docked at the Port of Dubai, was recently finished. SBS Jul 13, 2026 4:59 PM

Taiwan's State-Run Institute Raises 2026 Growth Forecast to 10.16%, First Double-Digit Projection According to Taiwan's Central News Agency on Monday , the Institute of Economics at Academia Sinica, Taiwan's national academy, announced a growth forecast of 10.16% for this year. SBS Jul 13, 2026 4:57 PM

Chinese Parents Turn to AI for College Admissions Counseling, Hopes Rise for Reduced Inequality As the use of generative AI for counseling becomes widespread in China, observers suggest it is threatening the 200 billion won college admissions consulting market. SBS Jul 13, 2026 4:55 PM

Global Heatwave Crisis: Over 10,000 Excess Deaths in Europe, U.S. on High Alert In Europe, more than 10,000 excess deaths have been recorded, while in the United States, 58 million people are currently under heat advisories. SBS Jul 13, 2026 4:38 PM

"Decoupling from China Impossible for the West… $940 Billion Annual Investment Needed" This amounts to an annual average of $940 billion (approximately 1 quadrillion 420 trillion won), a figure considered realistically difficult to manage. SBS Jul 13, 2026 4:34 PM

U.S.-Iran Conflict Intensifies: Fears of Full-Scale War and New Hormuz Blockade military strikes in southern Iran The ceasefire agreement reached last month between the United States and Iran has effectively collapsed as the two nations engage in a series of retaliatory attacks over control of the Strait of Hormuz. SBS Jul 13, 2026 4:06 PM

Vehicle Plows Into Festival Crowd in Chile, Leaving 6 Dead A vehicle plowed into a street festival in Chile on July 12, local time, leaving 6 people dead. SBS Jul 13, 2026 3:01 PM