SBS News

Heavy Penalties for Repeated Subcontracting Violations... Surcharge Hike Cap Raised to 100% Prime contractors who repeatedly commit subcontracting unfair practices will face heavier surcharges in the future. SBS Jul 28, 2026 1:06 PM

KOSPI Plunges 10%, KOSDAQ 8%: Circuit Breakers Triggered Sequentially Across Both Markets As the domestic stock market plummeted today , centered around semiconductor stocks, sidecars and subsequently circuit breakers were triggered across both the KOSPI and KOSDAQ markets. SBS Jul 28, 2026 1:02 PM

June Bank Mortgage Rates Hit 4.36%, Up 0.04%p to Highest in 2 Years and 7 Months Amid rising market rates, mortgage loan interest rates have risen for two consecutive months, reaching their highest level in two years and seven months. SBS Jul 28, 2026 12:17 PM

Lee Eok-yeon: "Additional Measures If Leverage Demand Does Not Ease" Financial Services Commission Chairman Lee Eok-yeon stated today that if demand related to single-stock leverage exchange-traded funds does not sufficiently calm down, he will preemptively review additional measures, such as setting individual investment limits. SBS Jul 28, 2026 12:15 PM

Semiconductor Giants Plunge as Circuit Breaker Triggered for 8th Time This Year The KOSPI plummeted by more than 9% today , triggering a circuit breaker—a market stabilization measure—for the 8th time this year. SBS Jul 28, 2026 12:14 PM

Kospi Volatility Index Surges Amid Market Plunge, Exceeds 80 for First Time in 7 Trading Days As the domestic stock market plummeted today , the Kospi 200 Volatility Index , often referred to as the "Korea-version fear index," rebounded to surpass the 80 threshold for the first time in 7 trading days. SBS Jul 28, 2026 11:40 AM

Financial Services Commission Chairman Lee Eok-won Warns of Additional Measures if Leverage Demand Fails to Calm The financial investment industry was urged to disperse the timing of rebalancing, which currently concentrates right before the market close, and to maintain liquidity supply at an appropriate level to prevent overheating transactions among liquidity providers . SBS Jul 28, 2026 11:23 AM

Online Loan Agency Lending Volumes Double in 10 Months... No Plans for Additional Regulations Loans from private loan agencies continue to maintain an upward trend. The number of loan contracts processed last month by Finda, an online loan brokerage platform, reached 1,997, marking roughly a double increase compared to October of last year when the service was first launched. SBS Jul 28, 2026 11:09 AM

Housing Price Outlook Index Hits Highest in 4 Years and 10 Months... Consumer Sentiment Improves for 3rd Consecutive Month As housing prices continue to rise in the Seoul and Gyeonggi regions, consumers' expectations for housing price increases have reached their highest level in 4 years and 10 months. SBS Jul 28, 2026 10:38 AM

Worsening Business Outlook for S. Korean Companies Amid Middle East Tensions, Petrochemicals Hit Hard The business outlook for domestic companies has deteriorated further as tensions in the Middle East flare up again. SBS Jul 28, 2026 10:23 AM