SBS News

Koo Yoon-cheol: "Supporting Vulnerable Groups Through Virtuous Cycle of Additional Tax Revenue Will Resolve Polarization" Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol predicted that "creating a virtuous cycle where additional tax revenue generated from the three major mega-projects is used to support vulnerable groups will help resolve polarization." During a joint briefing with relevant ministries held this afternoon to announce the economic growth strategy for the second half of the year, Deputy Prime Minister Koo gave this response when asked if he believed the current policies would be sufficient to resolve polarization. SBS Jul 14, 2026 4:08 PM

Minimum Wage Commission Public Interest Members Recommend Government Develop Institutional Improvement Measures The Minimum Wage Commission has issued a recommendation for the government to develop measures to improve the minimum wage system. SBS Jul 14, 2026 3:57 PM

"Less Than Half of Retirees Replaced": The Era of Layoffs as Robots Take Over Factories The automotive industry, which has long been responsible for providing high-income, stable, and quality jobs, is facing a growing sense of employment crisis. SBS Jul 14, 2026 3:44 PM

Foreign Investors Pull Record Amount of Capital from Korean Stock Market Foreign investors engaged in profit-taking in the domestic stock market last month, resulting in the largest-ever net outflow of dollar-denominated funds. SBS Jul 14, 2026 3:37 PM

"Mandatory for Listed Companies with Assets Over 2 Trillion Won"... Cabinet Approves 'Electronic General Shareholders' Meeting' Requirement The Ministry of Justice announced that an amendment to the Enforcement Decree of the Commercial Act, aimed at introducing electronic general shareholders' meetings, was approved at a Cabinet meeting on the 14th. SBS Jul 14, 2026 3:02 PM

E-Land and Daebang Construction Top List for Late Subcontract Payments in Second Half of Last Year In particular, companies such as E-Land and Daebang Construction were identified as having a notably high ratio of subcontract payments made after the legal deadline. SBS Jul 14, 2026 2:53 PM

Subtitle News: "Debt-Fueled Investing" Backfires as Forced Liquidations Top 400 Billion Won in July Alone The amount of forced liquidations—where individual investors who engaged in debt-fueled trading, or "bit-tu," failed to repay borrowed funds on time—has surpassed 400 billion won this month alone. SBS Jul 14, 2026 2:50 PM

KOSDAQ Trading Halted by Sidecar After 5% Plunge A sell-side sidecar was triggered in the KOSDAQ market for the eighth time this year as the index plunged by more than 5 percent. SBS Jul 14, 2026 1:42 PM

First Public Forum on Real Estate Policy: What Is the Key Focus? Starting today, July 14, the government is holding a series of public forums to gather public opinion on real estate policy. SBS Jul 14, 2026 12:22 PM

Financial Supervisory Service Chief Admits Limited Options for Single-Stock Leverage Products Amid Market Volatility As the domestic stock market continues to experience extreme fluctuations, Financial Supervisory Service Governor Lee Chan-jin has reportedly expressed frustration, admitting that there are no clear alternatives for single-stock leverage products, which have been identified as a primary driver of market volatility. SBS Jul 14, 2026 11:46 AM