SBS News

Bill to Extend 'Second Comprehensive Special Counsel' Investigation Passes National Assembly Led by Opposition An amendment to the law, which allows for a one-time extension of the investigation period for the Second Comprehensive Special Counsel, passed the National Assembly plenary session today , led by the opposition bloc. SBS Jul 21, 2026 4:21 PM

President Lee Jae-myung: "Profit-Sharing Bonuses Should Not Be Subject to Labor Disputes" President Lee Jae-myung stated on the 21st that he does not believe the issue of allocating a certain percentage of operating profits as performance bonuses—a topic currently causing controversy in some major companies like Samsung Electronics and SK Hynix—should be considered a subject for labor disputes. SBS Jul 21, 2026 4:09 PM

Military Medals Revoked for 12.12 Coup Leaders 46 Years Later The military medals awarded to the members of the new military junta who abducted Army Chief of Staff Chung Seung-hwa during the December 12 military insurrection have been revoked after 46 years. SBS Jul 21, 2026 3:50 PM

Government Revokes 198 Awards Granted to Individuals Involved in 12·12 Coup, 5·18 Crackdown, and Fabricated Spy Cases The government has revoked 198 state awards granted to individuals involved in the 12·12 military coup, the suppression of the 5·18 Democratization Movement, martial law operations, and the fabrication of espionage cases. SBS Jul 21, 2026 3:38 PM

President Lee: "Policies Must Be Implemented with Unimaginable Intensity and Speed" President Lee Jae-myung stated, "As a new society is unfolding beyond what we imagine, policies must also be implemented with unimaginable intensity and speed." President Lee made the remarks today while presiding over a cabinet meeting at the Blue House, adding, "As the administration enters its second year, it is time to accelerate the pace of state affairs across the board." President Lee noted, "While the artificial intelligence revolution is injecting new vitality into our economy, it is also rapidly growing the shadows of 'K-shaped polarization'." He ordered, "Please concentrate all policy capabilities in areas such as fiscal, tax, and financial sectors to alleviate this polarization." Regarding public officials, he emphasized, "If the focus early in the term was on removing large stones, now is the time to remove medium and small stones. SBS Jul 21, 2026 2:08 PM

Ruling and Opposition Parties Reach Tentative Agreement on 'NEC Special Counsel Bill'... To Form 'Public Recommendation Committee' The Democratic Party and the People Power Party have reached a tentative agreement on a special counsel bill to investigate the ballot paper shortage that occurred during the June 3 local elections and by-elections. SBS Jul 21, 2026 12:25 PM

Overnight Filibuster Over Bill to Extend Comprehensive Special Counsel Investigation; Calls for Revision of National Assembly Act At the National Assembly, a filibuster has been ongoing overnight as a bill to amend the Second Comprehensive Special Counsel Act, which would extend the investigation period, was brought to the plenary session under the leadership of the pan-opposition bloc. SBS Jul 21, 2026 12:23 PM

Korea National Diplomatic Academy Education System Hacked; 10,000 Personal Records Leaked The Korea National Diplomatic Academy's education system has been hacked, resulting in a large-scale leak of personal information belonging to current and former diplomats, according to an investigation. SBS Jul 21, 2026 12:17 PM

President Lee Orders Bold Measures on Leveraged ETFs President Lee Jae-myung has ordered swift and bold measures regarding single-stock leveraged ETFs, which have been identified as a factor contributing to instability in the domestic stock market. SBS Jul 21, 2026 12:14 PM

President Lee Says "Oil Price Ceiling May Need Further Strengthening" Amid Worsening Middle East Situation President Lee Jae-myung mentioned that the oil price ceiling system may need to be further strengthened as the situation in the Middle East deteriorates once again. SBS Jul 21, 2026 11:47 AM