SBS News

"Unable to Cover Operating Costs"... Homeplus Temporarily Closes Hypermarkets Homeplus, for which corporate rehabilitation proceedings have been terminated, has suspended operations at its hypermarkets nationwide starting today . SBS Jul 13, 2026 12:19 PM

Bondholders Claim JTBC Was Effectively Insolvent Before Issuing Bonds, Demand Regulatory Probe Investors in bonds issued by affiliates of JoongAng Group, including the general programming channel JTBC, urged financial authorities on July 13 to conduct a thorough investigation into the entire process of issuing and selling these bonds, claiming that "JTBC was effectively in a state of complete capital impairment even before the corporate bonds were issued." The joint legal counsel for the victims of JoongAng Group bonds held a press conference at the Seoul Bar Association building in Jongno-gu this morning. SBS Jul 13, 2026 11:33 AM

Drop in Fuel Surcharges Leads to 61.2% Surge in Overseas Package Tour Bookings The analysis revealed that bookings made from June 16, when the news of the fuel surcharge reduction was announced, to July 9 increased by 61.2% compared to the same period prior . SBS Jul 13, 2026 11:29 AM

Japanese Media Targets Korean Semiconductor Stocks, Warns of Potential Impact on U.S. Market As global memory semiconductor stocks experience repeated sharp fluctuations, a Japanese media outlet has pointed to South Korean leverage ETFs, which track the price movements of single stocks at a multiple, as the underlying cause. SBS Jul 13, 2026 11:27 AM

KOSPI Valuation Lower Than During Global Financial Crisis: An 'All-Time Low' Despite Semiconductor Boom Despite a significant surge in the KOSPI recently, driven by strong earnings from semiconductor companies, analysis shows that its valuation is actually lower than it was during the global financial crisis. SBS Jul 13, 2026 11:26 AM

Semiconductor Stocks Plummet: SK Hynix Drops 8%, Samsung Electronics Falls 4% As of 10:42 a.m. today on the KOSPI market, SK Hynix is trading at 2,002,000 won, down 8.17% from the previous session. SBS Jul 13, 2026 11:03 AM

KOSPI Plummets Over 4% During Intraday Trading; Sell-Sidecar Triggered The KOSPI experienced a sharp decline during intraday trading today , triggering a sidecar, which temporarily suspends program trading orders. SBS Jul 13, 2026 11:00 AM

JoongAng Group Bond Investors Claim JTBC Was Effectively in Capital Impairment Before Issuance ▲ JoongAng Ilbo and JTBC Headquarters Bond investors in JoongAng Group affiliate… SBS Jul 13, 2026 10:54 AM

FSS Governor Issues Strong Warning to Asset Management CEOs Over Volatility in Leveraged ETFs Financial Supervisory Service Governor Lee Chan-jin held a meeting with CEOs of asset management companies this morning . SBS Jul 13, 2026 10:47 AM

Samsung Electronics Raises Repair Parts Prices Again Samsung Electronics has increased the prices of parts used for repairing smartphones and home appliances. SBS Jul 13, 2026 10:24 AM