SBS News

KOSPI Surges Over 6% to Reclaim 7,000 Level on Massive Foreign Buying The KOSPI closed at 7,284.41, up 427.58 points . The KOSPI surged by over 6% today , reclaiming the 7,000 mark for the first time in three trading sessions. SBS Jul 15, 2026 5:24 PM

KCTU Holds General Strike Rally in Downtown Seoul Demanding Direct Negotiations with Prime Contractors The Korean Confederation of Trade Unions held a general strike rally in downtown Seoul today , calling for the realization of direct negotiations with prime contractors. SBS Jul 15, 2026 5:23 PM

1.5 Quadrillion Won 'Mega Project': What Are the Decisive Variables for Success? The "Three Major Mega Projects for Korea's Great Leap Forward," officially announced by the government with a total investment of 1.5 quadrillion won, is a massive national strategy centered on three pillars: semiconductors, physical AI, and AI data centers . SBS Jul 15, 2026 5:20 PM

Seoul Private Apartment Presale Prices Reach 60 Million Won per Pyeong in June, Second Highest on Record As of June this year, the presale price per square meter for private apartments in Seoul saw a slight decline from the previous month but remained at the second-highest level on record. SBS Jul 15, 2026 5:18 PM

Won Falls to Mid-1,480s Against Dollar Amid Easing U.S. Tightening Concerns and SK Hynix ADR Surge Dollar Banknotes The won-dollar exchange rate has fallen to the mid-1,480 range for the first time in two months. SBS Jul 15, 2026 4:59 PM

"Bargain Sale Due to Weak Yen": Chinese Investors Sweep Up Japanese Real Estate Local media reports suggest that wealthy Chinese individuals have recently been rushing to purchase real estate in Japan. SBS Jul 15, 2026 4:26 PM

President Lee: "Public Officials Should Not Seat Young People of the Opposite Sex Next to Them at Drinking Gatherings" President Lee Jae-myung ordered public officials today , saying, "Drinking and having fun is all fine, but do not seat young people of the opposite sex next to you." This is interpreted as a strong call for improving organizational culture in the public sector, targeting the case of a female firefighter in her 20s from the Gwangju Gwangsan Fire Station who passed away in October of last year, after having been forced to attend drinking parties and sit next to male superiors during her lifetime. SBS Jul 15, 2026 4:26 PM

Following SK Hynix's Record-Breaking Success, Is Samsung Electronics Reviewing ADR Issuance? It has been reported that Samsung Electronics is internally reviewing a scenario for issuing American Depositary Receipts and has even examined the necessary working-level procedures. SBS Jul 15, 2026 4:19 PM

COFIX, Benchmark for Variable Mortgage Rates, Rises for 3rd Consecutive Month to Hit 3% Range for First Time in 17 Months The COFIX , which serves as the benchmark for variable interest rates on bank mortgage loans, has risen for three consecutive months, reaching the 3% range. SBS Jul 15, 2026 4:10 PM

Industry and Economic Sectors Warn: 'Special Tax on Semiconductor Excess Profits Will Chill Corporate Investment' Controversy continues over how to utilize excess profits generated from the semiconductor boom. SBS Jul 15, 2026 4:09 PM