SBS News

"Hard to Buy a Home": Over 3,600 Complaints Flood In Ahead of the public debate on real estate policy scheduled for the day after tomorrow , a wide range of suggestions are pouring into the government's public opinion collection website. SBS Jul 21, 2026 10:07 PM

Global Oil Prices Surge Again; President Lee Jae-myung Calls for Strengthening Price Caps As the conflict between the United States and Iran shows signs of escalation, international oil prices, which had fallen to the $70 per barrel range, are surging once again. SBS Jul 21, 2026 10:07 PM

Even Asset Management CEO Warns "Stop Investing": What Further Measures Are Coming? Although supplementary measures for single-stock leverage ETF products, which were released last week, are set to take effect next month, the investment frenzy in the market shows no signs of cooling down. SBS Jul 21, 2026 10:06 PM

Homeplus Promises to Resume Operations Next Month; Suppliers Face Dilemma Homeplus has suspended operations at its stores nationwide since July 13, yet many tenants inside the stores are still continuing their business. SBS Jul 21, 2026 7:25 PM

Foreign Media Alarmed by 'K-Leverage': "Stocks Are the Only Salvation When Real Estate Is Unattainable" Reuters has described the launch of single-stock leveraged ETFs for Samsung Electronics and SK Hynix, which are cited as the cause of recent extreme volatility in the domestic stock market, as a policy failure by the South Korean government. SBS Jul 21, 2026 5:58 PM

KOSDAQ ETFs Suffer Massive Losses as Investors' "Buy the Dip" Strategy Fails Exchange-traded funds investing in the KOSDAQ market have recorded consecutive negative returns, effectively facing a state of "annihilation." With the KOSDAQ index plummeting by over 20% in the past month, it has been confirmed that both passive ETFs tracking the index and active ETFs that select specific stocks have suffered significant losses. SBS Jul 21, 2026 5:29 PM

Won-Dollar Exchange Rate Falls to 1,471.1 Won Amid Exporter Hedging and Foreign Buying The won-dollar exchange rate fell to the low 1,470 won range today due to dollar-selling demand following the listing of SK Hynix's American Depositary Receipts . SBS Jul 21, 2026 5:03 PM

JPMorgan: Recent KOSPI Plunge Driven by Leveraged ETFs; Mid-to-Long Term Outlook Remains Positive The KOSPI opened higher and is moving within a consolidation range today. Global investment bank JPMorgan analyzed on July 21 that the recent sharp decline in the KOSPI was driven by increased volatility from leveraged exchange-traded funds , with approximately 75% of the leveraged ETF liquidation process now complete. SBS Jul 21, 2026 4:57 PM

Gyeonggi Governor Choo Mi-ae Visits Semiconductor Equipment Firm: "Fostering Mutual Growth with Materials, Parts, and Equipment Sector" Governor Choo made these remarks while visiting the innovation manufacturing center of ASM, a global semiconductor equipment company located in Hwaseong. SBS Jul 21, 2026 4:52 PM

"2 Billion Won Apartment, 600 Million Won Loan Provided": Will 'Seller Financing' Spread Amid Tight Regulations? Amid the government's tightened loan regulations and pressure from tax reforms, a so-called "landlord loan" practice, where sellers directly provide loans to buyers for high-priced properties, is emerging. SBS Jul 21, 2026 4:51 PM