SBS News

Broadcasting, Media and Communications Commission Announces Mutual Growth Initiative for Home Shopping The ceremony, held in Seoul on July 20, was organized as a follow-up to the "Measures to Enhance Mutual Growth and Vitality in Home Shopping" announced by the Commission in May, aimed at strengthening the foundation for shared growth. SBS Jul 20, 2026 11:41 PM

Naver Founder Lee Hae-jin Visits Canada and U.S. to Discuss Potential Multi-Trillion Won Investment and Meeting with Jensen Huang Naver founder and Chairman of the Board Lee Hae-jin, CEO Choi Soo-yeon, and other top executives are visiting the Canadian headquarters of Brookfield, a global alternative asset manager, signaling that a multi-trillion won investment for Naver may be imminent. SBS Jul 20, 2026 6:22 PM

Credit Counseling & Recovery Service Restructures: New Future Business Task Force and Financial Consumer Protection Department Established The support system has been reorganized to ensure that functions—ranging from comprehensive counseling to debt adjustment, support for individual rehabilitation and bankruptcy applications, and integrated financial, employment, and welfare support—operate organically. SBS Jul 20, 2026 6:20 PM

Homeplus Aims to Resume Operations Next Month Following 200 Billion Won Funding Homeplus filed an immediate appeal today against the Seoul Bankruptcy Court's decision to terminate its rehabilitation proceedings. SBS Jul 20, 2026 6:20 PM

Ministry of Agriculture: Summer Vegetable and Fruit Prices Fall, Egg Prices Stabilizing The government has analyzed that despite recent heavy rains and heatwaves, there have been no major disruptions in the supply and demand of agricultural and livestock products, and that prices are generally stabilizing due to increased production and expanded supply. SBS Jul 20, 2026 6:19 PM

Ministries Extend Joint Inspection of GTX Samseong Station Section by 4 Months The Ministry of Land, Infrastructure and Transport and the Ministry of the Interior and Safety announced today, July 20, that they will extend the joint inspection period for construction errors at the GTX Samseong Station section by four months, until November 20. SBS Jul 20, 2026 6:17 PM

Yoo Mi-jin of Geneva Mission Elected Chair of WTO Committee on Import Licensing, First for a South Korean This marks the first time a South Korean official has been elected to chair this committee. SBS Jul 20, 2026 6:02 PM

Gasoline and Diesel Prices in Seoul Rise Again After One Month Amid Rising Middle East Tensions According to Opinet, the Korea National Oil Corporation's oil price information system, the average price of gasoline at gas stations in Seoul was 1,912.5 won per liter as of 4:00 p.m. SBS Jul 20, 2026 5:50 PM

Ministry of Agriculture Aims for 10 Trillion Won Green Bio Industry by 2031, Targeting 300 Leading Companies To achieve this, the ministry plans to establish specialized regional clusters, expand support for promising venture and small-to-medium enterprises, and refine the institutional framework to support industrial development. SBS Jul 20, 2026 5:45 PM

Treasury Bond Yields Rise Across the Board Amid Oil Price Surge; 3-Year Yield Hits 3.895% In the Seoul bond market today, the yield on the 3-year Treasury bond closed at 3.895% per annum, up 4.7 basis points (1bp=0.01% percentage point) from the previous trading day. SBS Jul 20, 2026 5:41 PM