SBS News

Homeplus Suddenly Suspends Operations; Bankruptcy Looming? Homeplus suddenly suspended its operations yesterday . The company stated it no longer has the funds to cover operating costs, and there are growing concerns that it may enter bankruptcy proceedings if a solution is not found within the next few days. SBS Jul 14, 2026 7:37 AM

National Pension Service's Domestic Stock Holdings Exceed Target by 7%p: Rebalancing Expected The National Pension Service has seen the valuation of its holdings in listed companies, where it owns a 5% or greater stake, reach 27.7% of its total assets under management. SBS Jul 14, 2026 7:29 AM

Labor Ministry Says Honam Semiconductor Project Not Subject to Collective Bargaining, Refuting Samsung Union's Claim ▲ Ministry of Employment and Labor The Ministry of Employment and Labor stated o… SBS Jul 14, 2026 6:56 AM

Surging European Heatwave Drives Explosive Demand for South Korean Air Conditioners; Changwon Industrial Complex Operating at Full Capacity According to industry reports as of yesterday , LG Electronics saw double-digit growth in sales of its residential and commercial air conditioners in Western Europe and other regions last month compared to the same period last year. SBS Jul 14, 2026 6:39 AM

KOSPI's 'Black Monday': Index Falls Below 7,000 for the First Time in Two Months The KOSPI plunged by 9% in a single day, falling to the 6,800 level and returning to where it stood two months ago. SBS Jul 14, 2026 6:16 AM

Crowded Over the Weekend, Suddenly 'Closed'… "Lack of Operating Funds" Homeplus, currently facing a crisis of bankruptcy, has suspended its store operations. SBS Jul 14, 2026 12:11 AM

Black Monday: KOSPI Plunges 8.95%, Falls Below 7,000 The KOSPI has fallen below the 7,000 mark, with a circuit breaker triggered to temporarily halt trading. SBS Jul 14, 2026 12:03 AM