SBS News

Kospi, Kosdaq Trigger Sell Sidecars Amid Surge in Oil Prices Domestic stock indexes are plunging today as international oil prices surge amid escalating tensions in the Middle East. SBS Jul 24, 2026 12:31 PM

Yukgaejang Cup Ramen at 1,200 Won, Saewookkang at 1,600 Won... Nongshim to Raise Cup Ramen and Snack Prices Next Month Nongshim announced that it will raise the factory prices of 43 brand products, including major cup ramen, snacks, and beverages, by an average of 5.8% starting next month. SBS Jul 24, 2026 12:21 PM

HomePlus Makes Last-Ditch Effort to Revive with 'Korean Trader Joe's' Model Amid Skepticism Having had the court's cancellation of the discontinuation of rehabilitation procedures overturned and the deadline to pass its rehabilitation plan extended to early September, HomePlus is making a final attempt at resurrection. SBS Jul 24, 2026 11:44 AM

Koo Yun-cheol: "High Possibility of 3% Growth and $40,000 Per Capita GNI This Year" Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol expressed confidence, stating, "The possibility of achieving 3% annual growth and a per capita gross national income of $40,000 this year has grown significantly." Deputy Prime Minister Koo made the remarks while presiding over a task force meeting of relevant ministers on special management of public livelihood prices at the Government Complex-Seoul today . SBS Jul 24, 2026 11:19 AM

Non-Bank Housing Loans Surge by Over 10.5 Trillion Won as Banks Tighten Lending As commercial banks tighten household lending, housing-related loans in the non-banking sector—including credit cooperatives and savings banks—have surged by more than 10.5 trillion won so far this year. SBS Jul 24, 2026 10:48 AM

First-Quarter Real Incomes Fall for All Except Top 20% of Households, First Time Since 2020 Real incomes for all urban households in South Korea, except for the top 20% by income, declined in the first quarter of this year. SBS Jul 24, 2026 10:46 AM

Rule Requiring 30 Million Won Deposit for Single-Stock Leverage to Take Effect on July 31 Responding to criticisms that the implementation date for single-stock leverage countermeasures was too late, the government has decided to move up the enhanced basic deposit requirement to the 31st of this month, three days earlier than originally planned for next month. SBS Jul 24, 2026 9:34 AM

"This Is When Most People Get Caught": Three Danger Signals You Must Watch Right Now Growth requires strength. Strength to remain unshaken, strength to reach higher. SBS Jul 24, 2026 9:27 AM

Selling a 2,000-Won Product for 60,000 Won: The Truth Behind 'Edible Wegovy' It is time for Friendly Economy on Friday with reporter Han Jiyeon. Han, these days there seem to be so many products being sold under the false promise of helping with weight loss. SBS Jul 24, 2026 9:12 AM

Wall Street Drops for Second Straight Day on Surging Oil Prices, Big Tech Earnings Worries Major U.S. stock indices closed lower for the second consecutive session. While the Nasdaq composite tumbled more than 2%, the S&P 500 fell over 1%, and the Dow Jones Industrial Average also failed to escape the downturn. SBS Jul 24, 2026 7:37 AM