SBS News

Jensen Huang Calls SK Hynix ADR Listing "Incredibly Successful" Nvidia CEO Jensen Huang, who is currently visiting Japan to meet with representatives from semiconductor materials companies, praised SK Hynix's listing of American Depositary Receipts on the Nasdaq, calling it "incredibly successful." CEO Huang shared his thoughts after attending an event in Akihabara, Tokyo, yesterday to celebrate the 30th anniversary of the partnership between Nvidia and Japanese game company SEGA. SBS Jul 16, 2026 11:30 AM

LH Opens Bidding for Yongin Semiconductor Industrial Complex Construction... "Must Accelerate First Fab Operation" LH announced on July 16 that it is prioritizing the bidding for the first zone of the Yongin semiconductor national industrial complex construction project. SBS Jul 16, 2026 11:24 AM

Bae Gyeong-hoon: "Security-Focused AI Model to Launch This Year; Considering Development of Mythos-Level Model" Bae Gyeong-hoon, Deputy Prime Minister and Minister of Science and ICT, announced today that the government will launch a proprietary AI model specialized in security within this year to counter cyber threats utilizing artificial intelligence. SBS Jul 16, 2026 11:05 AM

KPX: "Up to 15% Discount on EV Charging During Spring and Autumn Weekends" The Korea Power Exchange announced today that electric vehicle owners can receive discounts on charging fees through the "EV Plus DR" program. SBS Jul 16, 2026 11:00 AM

MBK Partners to Provide Joint Guarantee for 200 Billion Won Homeplus DIP Loan MBK Partners stated this in a press release today , while clarifying that the board of directors of Meritz Financial Group, the largest creditor of Homeplus, has not yet reached a decision, and that reports suggesting the loan has already been finalized are inaccurate. SBS Jul 16, 2026 10:56 AM

Bank of Korea Monetary Policy Board: "Need to Maintain Interest Rate Hike Stance" In its monetary policy direction statement released today, the board said, "The timing and pace of additional hikes will be determined by monitoring the level of inflationary pressure, the trend of economic recovery, and the situation of financial stability." The board also disclosed that all seven members voted in favor of raising the base interest rate by 0.25 percentage points , from 2.50% to 2.75% per annum. SBS Jul 16, 2026 10:55 AM

BOK Monetary Policy Board: "Need to Maintain Interest Rate Hike Stance" The Bank of Korea's Monetary Policy Board stated, "We have determined that it is necessary to continue the stance of raising interest rates for future monetary policy." In the monetary policy decision statement released today , the board said, "The timing and pace of additional hikes will be determined while monitoring the degree of inflationary pressure, the trend of economic improvement, and financial stability conditions." The board disclosed that all seven members voted in favor of raising the base rate by 0.25 percentage points , from 2.50% to 2.75% per annum, on this day. SBS Jul 16, 2026 10:48 AM

Sell-Side Sidecar Triggered Today Following Yesterday's Buy-Side Sidecar: Volatile Stock Market Following a sharp market downturn, a sidecar—a temporary suspension of program trading orders—has been triggered in both the KOSPI and KOSDAQ markets. SBS Jul 16, 2026 10:48 AM

Ministry of Land, Infrastructure and Transport Launches Inspection into 'Expedient Delivery Contracts' The Ministry of Land, Infrastructure and Transport is launching an inspection into the state of expedient contracts at delivery sites across the country. SBS Jul 16, 2026 10:31 AM

Employment Recovery Remains Weak: Number of Young Employed People Falls for 44 Consecutive Months The number of employed people increased by 63,000 last month compared to the previous year, returning to a growth trend after one month. SBS Jul 16, 2026 10:29 AM