SBS News

Opposition Party Demands Dismissal of Policy Chief Kim Yong-beom, Calls for Parliamentary Probe Over ETF Controversy The conservative opposition bloc launched an offensive on July 20, demanding the immediate dismissal of Kim Yong-beom, the Blue House Policy Chief, and the launch of a parliamentary investigation following his remarks the previous day that delisting single-stock leveraged exchange-traded funds would be difficult. SBS Jul 20, 2026 11:20 AM

People Power Party Floor Leader Jung Chung-rae: "Dismiss Kim Yong-beom if There Is a Will to Normalize the Stock Market" People Power Party Floor Leader Jung Chung-rae urged today , "If the President has even the slightest will to normalize the stock market, that will must first be demonstrated through personnel appointments," adding, "Dismiss Policy Chief Kim Yong-beom." During the Supreme Council meeting held at the National Assembly today, Floor Leader Jung stated, "Yesterday, Chief Kim appeared in a broadcast interview and consistently offered sophistry regarding the 'Sam-Hynix' single-stock leverage ETF disaster." He continued, "He claimed that the introduction of the product was intended to foster the capital market and prevent the outflow of funds overseas. SBS Jul 20, 2026 10:11 AM

Jang Dong-hyuk: "Even Venezuelan Dictator Chavez Integrated Military Academies" ▲ People Power Party Representative Jang Dong-hyuk speaks at a Supreme Council m… SBS Jul 20, 2026 10:02 AM

Cho Gap-je: 'I Will Create a 2028 PPP Nomination Exclusion List... No. 1 Is Jang Dong-hyeok' - PPP Representative Jang Dong-hyeok's absence from the Constitution Day ceremony is grounds for disciplinary action - Jang Dong-hyeok did not attend the 61st anniversary of Syngman Rhee's death on July 19 - Instead of persuading people not to believe in rigged elections, he attended the rally - Must distinguish between poorly managed elections and rigged elections.. SBS Jul 20, 2026 9:40 AM

Democratic Party to Propose 'Comprehensive Special Counsel Extension Act' at Plenary Session Today; People Power Party Warns of Filibuster The core of the amendment is to allow for an additional 30-day extension of the comprehensive special counsel's investigation period. SBS Jul 20, 2026 9:28 AM

Putin Tells Visiting North Korean FM Choe Son-hui: "Sacrifices of North Korean Soldiers Will Never Be Forgotten… Give My Regards to Kim Jong-un" The Kremlin released videos and photos of the meeting, stating, "President Putin once again expressed his gratitude to the North Korean leadership for their assistance in carrying out the special military operation ." President Putin emphasized, "We highly value the achievements of the North Korean soldiers who supported the Russian military, and the sacrifices and contributions of those North Korean soldiers who received state decorations will never be forgotten in Russia." He also requested that Foreign Minister Choe convey his "warm regards" to North Korean leader Kim Jong-un. SBS Jul 20, 2026 9:13 AM

First UNESCO World Heritage Committee Meeting in Korea: "Cultural Powerhouse Korea Will Contribute" The UNESCO World Heritage Committee opened in Busan yesterday . This is the first time the event is being held in South Korea. SBS Jul 20, 2026 6:53 AM

Democratic Party to Propose 'Comprehensive Special Counsel Extension Act' at Plenary Session Today; People Power Party Warns of Filibuster If the bill is passed, the deadline for the special counsel's investigation will be extended from the 24th of this month to August 23. SBS Jul 20, 2026 6:45 AM

One Day Before Cutoff, Candidates Vie for Party Support; Calls to Lower Deposit Fees With the Democratic Party's preliminary primary approaching, candidates for party leadership are focusing their efforts on winning over party members. SBS Jul 20, 2026 6:32 AM

"Delisting Leverage ETFs Is Difficult"... "No Apology for the Disaster" Kim Yong-beom, Chief of Policy for the Presidential Office, stated that it is difficult to delist single-stock leveraged ETFs, which have recently been identified as a cause of extreme volatility in the KOSPI. SBS Jul 20, 2026 6:30 AM